The purpose of the Revolving Loan Fund (ED-RLF) is to assist with business financial needs that will create and retain employment opportunities in the City of Seat Pleasant; with major emphasis on employment for persons from low-to-moderate income households.
Applications are accepted year-round
Applicants must be Seat Pleasant residents or business owners within the corporate limits of the city
Eligible Uses Include:
Land Acquisition (in conjunction with building purchase or construction)
Purchase and Installation of Machinery and Equipment
Working Capital (direct labor cost of inventory only)