Business development revolving loan funds are pools of money used by grantees for the purpose of making loans to create and retain jobs. As loans are repaid, money is returned to the fund and made available for additional loans.

Revolving loan funds (RLFs) have long been used by ARC as an effective tool of economic development. ARC recently adopted new RLF guidelines to clarify operating policies, reduce paperwork, and improve cash management.

Appendix A: Reporting Loans Disbursed/Requesting a Release of Grant Funds

The RLF Form
(HTML format) (PDF format)

• Table B-1
• Schedule B-1
  (HTML format) (PDF format)
• Schedule B-2
  (HTML format) (PDF format)
• Schedule B-3
  (HTML format) (PDF format)