What Is The Revolving Loan Fund (RLF)?

The Revolving Loan Fund Program is a lending program for the expansion, retention or
start-up of businesses that are unable to receive financing from traditional lending
sources.

Who is Eligible?

  • Startups

  • Established Businesses

  • Expanding Businesses

  • Businesses that have been turned down by traditional lenders

  • Businesses that cannot obtain enough funding from a traditional lender

  • Businesses locatedin Carbon, Emery, Grand, and San Juan Counties

What are the Terms?

  • Loans range from $10,000 - $150,000

  • Repayment periods from 3 - 10 years

  • No penalties for early payoff

  • Interest rate dependent on the applicant and the Current Prime Interest Rate

Other Details

  • Applications due at the beginning of the month to be reviewed in a timely manner

  • All applications are reviewed by the RLF Committee and RLF Board

  • Only completed application packets (including $250 application fee payment) can be submitted for review.

  • If approved, all closing costs are due by the borrower at the time of signing

Please contact us to discuss your application. Funding is limited and subject to availability.

Revolving Loan Fund Board Members

  • Bill Winfield

    GRAND COUNTY COMMISSIONER

  • Michael Kourianos

    PRICE CITY MAYOR


  • Tony Martines

    CARBON COUNTY COMMISSIONER

  • Danny Van Wagoner

    CASTLE DALE CITY MAYOR


  • Keven Jensen

    EMERY COUNTY COMMISSIONER

  • Joette Langianese

    MOAB CITY MAYOR

  • Bayley Hedglin

    MONTICELLO MAYOR

  • Lori Maughan

    SAN JUAN COUNTY COMMISSIONER

  • Shanny Wilson

    CARBON COUNTY ECONOMIC DEVELOPMENT

  • Talia Hansen

    SAN JUAN COUNTY ECONOMIC DEVELOPMENT

  • Valerie Cisneros

    ZIONS BANKS

  • Patrick Mullen

    REGIONAL GROWTH PROGRAM

  • Mark Tyner

    GRAND COUNTY COMMISSION ADMINISTRATOR

Want More Information?

Korrin Olson

Community Development Program Manager

(435) 613-0029