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Iowa County Area Revolving Loan Fund Information

• The Iowa County area Revolving Loan Fund (RLF) can lend up to a legal maximum limit of 50% of the financial capital contributed to a project. The remaining funds must originate from the applicant or be documented in advance as a loan from a bank, financial institution or as an investment from a 3rd party investor. Note. This part of your business plan must be funded and documented in advance of any RLF application.

• All RLF applicants must submit a completed business plan in advance of their application. A US Small Business Administration formatted business plan is available for download here. All business plans will be reviewed by the ICAEDC and by our regional Small Business Development Center at UW Platteville.

• The Iowa County Area Economic Development Corporation only assists in preparing your application to County (RLF). All decisions regarding RLF loan applications are also reviewed by a Committee of the Iowa County Board of Supervisors and the full Board makes the final decision regarding all applications.

• The Iowa County Area Economic Development Corporation relies on an outside committee of area financial professionals to review all RLF applications. We will need your written release to share your plan with our outside review committee.

• Our economic development office can help with this, and answer questions you have regarding RLF loan applications. Please send us an eMail, or call us at 608 341 6797 to learn more.