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

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

  • VACANT
    Will Replace Soon

Want More Information?

Korrin Olson

Community Development Program Manager

(435) 613-0029