GLOUCESTER REVOLVING LOAN FUND

The Gloucester Revolving Loan Fund has been established to provide partial funding for businesses and non-profit organizations undertaking activities broadly defined as economic development within Gloucester County, Virginia, as defined by the Articles of Incorporation of the Corporation.

 

Eligible Activities

Program loans shall be available to eligible applicants for the following activities:

1. Fixed asset loans for acquisition, expansion, improvement and/or rehabilitation of an existing business, land, building, inventory and equipment, to include, without limitation, sites of historical significance to Gloucester Village.

2. Working capital.

 

Program grants shall be available for qualified projects at the discretion of the Board.

 

To learn more see the Policies & Procedures of the Fund on the Documents page.