Crossroads RC&D | Programs and Projects | Revolving Loan Funds

Revolving Loan Funds

If you have a natural resource based business and need money for equipment give us a call. Low interest loans, 1% below prime are available. What is the catch? You must create a job for every $15,000 you borrow. Call our office for more information and a loan application form today!

Low Interest Loans Available for Small Businesses

Crossroads Resource Conservation and Development (RC&D) is offering low interest loans to small businesses in a twelve county area. The purpose of the loan is to create private sector job opportunities, principally for industries related to natural resource development. Examples of eligible businesses include: wood product industries, meat processing, value added agricultural products, natural resource processing or recycling industries. Loans will be in conjunction with commercial lenders and are below the prime rate. The new or existing business must be located in Carroll, Columbiana, Coshocton, Guernsey, Harrison, Holmes, Jefferson, Mahoning, Muskingum, Stark, Trumbull or Tuscarawas county.

The funding for this project is made available to Crossroads RC&D through a grant provided by the U.S. Department of Agriculture’s Rural Development division.

If you would like more information about this program, please call the Crossroads RC&D office at (330) 339-9317.