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Racine Revolving Loan Fund

Racine provides revolving loan financing for eligible business development, expansion, retention, and job creation projects.

About this program

The City of Racine Revolving Loan Fund provides financing to eligible businesses for projects that support local economic development, business expansion, retention, and job creation. Loan funds can help close financing gaps for equipment, real estate, working capital, building improvements, and other eligible business costs.

Eligibility

Businesses with eligible projects in Racine that create or retain jobs and need gap financing may apply.

Requirements

  • Project must be located in the City of Racine.
  • Applicant must demonstrate a financing gap and ability to repay the loan.
  • Project must support business development, expansion, retention, or job creation.