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A Revolving Loan Fund (RLF) is a source of money from which loans are made for multiple small business development projects. Revolving loan funds share many characteristics with microcredit, micro-enterprise, and village banking, namely providing loans to persons or groups of people that do not qualify for traditional financial services or are otherwise viewed as being high risk. [1]
SRF programs may issue debt guaranteed by SRF funds. The revenue generated is used to provide assistance to borrowers for eligible projects. This greatly expands the capacity of a program in the near-term. Provide loan guarantees. Similar revolving funds established by municipalities or inter-municipal agencies can receive loan guarantees. [7]
Diagram explaining the use of state revolving funds. A state revolving fund (SRF) is a fund administered by a U.S. state for the purpose of providing low-interest loans for investments in water and sanitation infrastructure (e.g., sewage treatment, stormwater management facilities, drinking water treatment), as well as for the implementation of nonpoint source pollution control and estuary ...
Instead, the letter simply endorses the Safe Drinking Water Loan Program and the Clean Water Fund Program. “These are low-interest, revolving loan programs with some allowances for principal ...
The Louisiana Department of Health's Drinking Water Revolving Loan Fund was found to have inadequate controls over their financial statements, resulting in $855,606 in excess federal funds above ...
The Providence Revolving Fund is one of the largest local revolving funds in the US. Another example would be a revolving fund established to provide support for programs that require a long-term commitment for planning well ahead of the non-profit's fund-raising cycle. By accessing money in the revolving fund, the non-profit can commit to the ...
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