Grant County Revolving Loan Fund

The Grant County WI Revolving Loan Fund (RLF) is intended to assist businesses planning to locate in the county as well as existing businesses who are planning expansions. The Revolving Loan Fund program offers low interest loans (3-5%) for equipment purchases, land acquisition, existing building purchases, and working capital, with term limits up to 10 years.

The RLF program leverages funds based on full-time job creation by the business within 2 years of the expansion or relocation, up to $10,000 per full-time position created.

Grant County’s RLF requires that the business create at least 3 full-time positions in order to apply to the program. Full-time equivalent positions (2 part-time equals one full-time) are not eligible for leveraging of funds.

Other Revolving Loan Funds available in Grant County: Southwestern Regional Planning, City of Boscobel, City of Cuba City, Village of Livingston, City of Lancaster, Village of Muscoda, Village of Potosi, and the City of Platteville. Note: Each Communities’ RLF program may have differing rules pertaining to the leveraging and lending of their funds.

The application process:

Contact Ron Brisbois, 608-822-3501, to discuss the business project and the application process. In general, a simple application is completed and submitted with a business plan, the revolving loan fund committee reviews the applications and will make a funding determination. If the committee approves funding, the application is then presented to the Grant County Board for final approval.

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