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Regional Revolving Loan Fund

The Regional Revolving Loan Fund is available* for small and medium sized businesses needing resources and generally participates with other public and private financing tools for:

  • Fixed asset loans (eg. acquisition and improvement of land, buildings, plant and equipment, including new construction or renovation of existing facilities, demolition and site preparation)*
  • Working capital loans for the start-up of new businesses or conduct of current businesses*

*Loans are subject to availability of total funds and for each type of loan at time of application

Some Eligibility Requirements

Most Industrial and service activities including:

  • Industrial & Light Manufacturing
  • Service Industries
  • Retail, where opportunities for private sector jobs are greatest - NEW! -

Borrowers must own and operate a business within the Genesee/Finger Lakes Region.

  • Genesee County
  • Livingston County
  • Monroe County
  • Ontario County
  • Orleans County
  • Seneca County
  • Wayne County
  • Wyoming County
  • Yates County

Financing Parameters

  • Maximum loan is  $200,000.
  • Minimum loan amount is $20,000.
  • The RLF cannot be used to substitute for available private capital and potential borrowers must demonstrate that credit is not otherwise available.
  • Meet financing policies including but not limited to equity participation, repayment terms, and collateral requirements.

Some applicant responsibilities include:

  • Application
  • Meeting all requirements
  • Evidence of job creation/retention
  • Application fee of $250
  • Loan closing costs

Application Procedures

Step 1

Applicant contacts us at Genesee/Finger Lakes Regional Planning Council (, 585-454-0190 x18) or contacts local industrial development agency (IDA) in area where project is located

Step 2

A meeting is held to determine if the project is a fit and all requirements can be met.  If so, the application and instructions, along with assistance, is provided to the applicant.

Step 3

Completed application, supporting documentation, and application fee are submitted for consideration to RLF coordinator.

Step 4

Loan Review Committee reviews loan and sends recommendation to the G/FLRPC Executive Committee.

For a printable version of this information click here