The revolving loan fund (RLF) is an economic development tool that provides a source of gap financing when investments do not qualify for commercial financing or need more affordable and flexible capital. Many localities and Economic Development Authorities (EDA) offering revolving loan funds to their communities have limited resources to efficiently and effectively deploy them.
VCC can help with loan packaging and servicing.
Loan Fund Support Services
VCC provides support in setting-up revolving loan fund criteria, customizing loan fund documents, reviewing loan applications, conducting financial analysis, and packaging the information that summarizes loan application details and risk assessments. Read about the different kinds of tiers and their pricing below.
Loan and portfolio servicing is provided by LOCUS Impact Investing, VCC's national subsidiary. This support includes funding the approved loans, receiving payments, tracking loan performance, managing interest payments into a client held deposit account, and providing regular reporting. Take a look at the list of services and pricing we supply.
Can VCC Support you?
Complete the form to tell us about your Revolving Loan Fund and support service needs.
VCC will contact you to schedule a consultation to discuss your service needs in detail and next steps.