Category: Federal Incentives, Grants & Loans
A key program to help our business community is the OHDC revolving loan fund (RLF). This resource can provide financing, in conjunction with owner equity and bank financing, for a new or existing business. Funds can be used for land, new construction, remodeling, new equipment, or working capital. The RLF was created through a $100,000 Rural Business Enterprise Grant from the USDA Rural Development office.