 Business and Industrial Loan Financing Division
Economic Development Administration (EDA) Revolving Loan Fund
The EDA revolving loan fund is administered under the name of
Business & Industrial Finance Network by SWAPDD. A maximum
Loan of $200,000 per client is allowed in order to provide gag financing for working capital, equipment and fixed asset financing. Partnership Loans with Other Public Loan Resources (ACEDP, ADFA, etc.)
Partnering with other loan sources reduces the risk of nay one investor, and allows for maximum benefits for the borrower. To date, over 55 projects have been successful due to partnered resources, accounting for over $4.68 million and
1,457 jobs. Partnership Loans with Private and Commercial Loan Resources
Just as partnering with other private resources is beneficial, working with private and commercial resources is another optimal solution to financing. For More Information Contact:
Terry Sherwood
P O Box 767
Magnolia, Arkansas 71754-0767
870 234-4030
FAX: 870 234-0135
Email: terry.sherwood@arkansas.gov
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