Economic Development Revolving Loans

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ECONOMIC DEVELOPMENT REVOLVING LOAN PROGRAM

Richmond: Virginia's Working Capital

 

The purpose of this new loan program is to provide financing to local developers and small businesses pursuing Section 108-eligible projects, which will improve economic opportunities for low and moderate income persons through job creation. 

Maximum loans available are up to $500,000, and interest rates vary based on credit risk. Click here to read the full program brochure.

 

 
City of Richmond
Economic & Community Development

Main Street Station
1500 East Main Street, Suite 400

Richmond, VA 23219
804.646.5633