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.