Swift County Revolving Loan Fund (RLF)

What is it?

The Revolving Loan Funds (RLF) exist to allow the Swift County Board and the Swift County Rural Development Finance Authority Board to invest in the growth and development of businesses in Swift County by investing, through loans, in projects that meet the criteria outlined in this document.

Program Guidelines and Application

History of the Revolving Loan Fund 

The Revolving Loan Fund made its first loans in the 1990's after loans originating from the Department of Employment and Economic Development were made to local companies. As the loans were repaid, a portion of the funding remained with Swift County in order to create a local loan fund. Both State and Federal funds have been used to fund the program, each having specific use of funds guidelines.