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Eau Claire EDA Revolving Loan Fund
Eau Claire's EDA Revolving Loan Fund provides business financing for eligible economic development projects supported by federal EDA funds.
About this program
The City of Eau Claire administers an Economic Development Administration Revolving Loan Fund to provide gap financing for eligible local business projects. The fund supports business expansion, job creation or retention, and economic recovery or development needs through loan financing that complements private investment and other funding sources.
Eligibility
Businesses with eligible economic development projects in Eau Claire that meet EDA revolving loan fund requirements may apply.
Requirements
- Project must be located in Eau Claire and meet EDA RLF eligibility requirements.
- Applicant must demonstrate a financing gap and leverage private or other financing.
- Project must support economic development goals such as job creation, retention, business expansion, or recovery.