Guidelines
- Projects must be located in Cass, Fremont, Harrison, Montgomery, Page, or Shelby Counties
- Applicants must demonstrate a need for RLF funding
- Loans up to $250,000
- Interest rates 75% of the Wall Street Journal prime rate
- Must create or retain one permanent full-time job for every $50,000 loaned
- Applicant must contribute 10% of the total project cost themselves
- Must provide a business and marketing plan
- Applications are reviewed by the RLF board on a rolling basis
SWIPCO is an equal opportunity provider, employer, and lender.
Southwest Iowa Planning Council, 1501 SW 7th St., Atlantic, Iowa, 50022
712-243-4196 or 1-866-279-4720; Fax 712-243-3458; swipco@swipco.org