WEDC Revolving Loan Fund

WEDC Revolving Loan Fund: Supporting Local Business Growth

Our Revolving Loan Fund is fully operational, with $15,000 added annually over the past three years, bringing the total to $45,000 available for loans. We’ve also partnered with the West River Foundation for Economic and Community Development to provide access to additional funding when needed.

The Revolving Loan Fund is specifically designed to help small businesses in our community access financing that may not be readily available through traditional means. The program’s primary goals are to:

• Create or retain jobs in the local area.

• Promote economic development and growth.

This fund offers flexible terms and affordable interest rates, making it an excellent option for those who may face challenges with traditional financing. We can also support larger funding needs through our partnership with the West River Foundation.

Whether you’re a new or existing business, this program can help you:

• Purchase equipment.

• Expand your operations.

• Start a new business venture.

If you’d like more information or want to explore how the Revolving Loan Fund can support your business goals, please don’t hesitate to contact Dr. Burrell at the Wall Economic Development Corporation.