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Regional Revolving Loan Funds (RLF) « Back to Search Results Featured Item!

Category: Business Expansion


Appanoose County is part of a regional revolving loan called Regional Economic Development Investments (REDI). Two short-term, low interest loan programs, REDI and Self Employment Loan Program (SELP) provide solid gap financing, project start-up or expansion assistance.

REDI Inc., a non-profit corporation, was formed in 1990. the RLF provides low-interest loan for business/industry retention, expansion and start-up activities. REDI funds are available for fixed asset and/or working capital loans for activities that create new or retain existing jobs within the Region.

Contact Tod Faris at 641-856-3388 or aedcdirector@iowatelecom.net for more information.


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CONTACTS

Area 51 Regional Planning Commission
PO Box 1110
Ottumwa, IA
   Phone: 641-684-6551
http://www.area15rpc.com/business-assistance-programs


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"After attending Iowa State University, I left Iowa for other cities around the country. I came back to Southeastern Iowa because I haven't found a better place to raise my children."

Chris Ball, Entrepreneur and Business Owner