SRPED Revolving Loan

The SRPED Revolving Loan Fund was created through a USDA-RD Rural Business Enterprise Grant and is intended to be used for New Business Start-Ups and Existing Business Expansions in Fulton County. SRPED loan funds are normally structured with 1% interest rate and a five-year term.

Eligibility Criteria:

• Sound business plan with financial projections
• Adequate cash flow to service debt
• Ability to secure loan with collateral
• Creation or retention of living-wage jobs
• Contribution to the region’s economic growth
• Demonstrated management skills, industry experience and financial aptitude

Eligible Uses:

• Purchase of Inventory
• Purchase of Equipment
• Real Estate Acquisition
• Renovations
• Working Capital

For more information regarding SRPED’s Revolving Loans, please contact SRPED Executive Director.