The Fond du Lac County Economic Development Corporation is now proudly Envision Greater Fond du Lac, Inc.

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Local Incentives

Revolving Loan Funds and Other Sources

Revolving Loan Funds (RLF) provide gap financing to create employment opportunities, encourage private investment, and provide a financing alternative for new business start-ups or expanding existing businesses in Fond du Lac County. The RLF program includes interest rates and loan maturities that are designed to encourage business development, while providing for recapitalization and growth of the fund itself.

So what does gap financing mean?  Basically, gap financing is the difference between what a business may need for a project, and the combined amount that they have available through equity and from their lender.  Gap financing does just what it says; filling the gap needed to make the project a reality.  In some cases, a project would not be viable without this component being part of the financing package.

FCEDC offers several RLF programs as listed below.  In addition, you will find other incentives provided by FCEDC partners.

Fond du Lac County Revolving Loan Fund

Fond du Lac County Revolving Loan Fund (PDF)

The Fond du Lac County Revolving Loan Fund (RLF) program, which is administered by FCEDC, was established to create employment opportunities, encourage private investment, and provide a financing alternative for new business start‐ups or expanding existing businesses in the county. The RLF program includes interest rates and loan maturities that are designed to encourage business development, while providing for recapitalization on and growth of the RLF.

City of Fond du Lac Revolving Loan Fund

City of Fond du Lac Revolving Loan Fund (PDF)

The City of Fond du Lac Economic Development Revolving Loan Fund (EDRLF) program, which is administered by FCEDC, was established to create employment opportunities, encourage private investment, and provide a financing alternative for new business start-ups or expanding existing businesses in the City of Fond du Lac. The EDRLF program includes interest rates and loan maturities that are designed to encourage business development, while providing for recapitalization and growth of the EDRLF.

Small Business Revolving Load Fund

Small Business Revolving Loan Fund (PDF)

The Fond du Lac County Small Business Revolving Loan Fund (SBRLF) program, which is administered by FCEDC, was established to create employment opportunities, encourage private investment, and provide a financing alternative for new business start‐ups or expanding existing businesses in the county. The SBRLF program includes interest rates and loan maturities that are designed to encourage business development, while providing for recapitalization and growth of the SBRLF.

In addition to the Revolving Loan Funds above, FCEDC is able to offer the City of Fond du Lac MicroEnterprise Assistance Program and Special Allocation Funds.  Please contact Jim Cleveland for more information. (920) 929-7581 or hello@FutureFC.com.

Downtown Fond du Lac Partnership Incentives

Is your business located in downtown Fond du Lac?  If so, the Downtown Fond du Lac Partnership may have the financial resources you need to move your business forward.

http://www.downtownfonddulac.com/dfp/financial_incentives.html

ADVOCAP

ADVOCAP administers a Business Development Loan Fund which provides loans to start-up and existing eligible businesses. ADVOCAP is designated as a lender by the U.S. Small Business Administration (SBA) and by the U.S. Department of Agriculture (USDA) for the Micro Loan Program.

http://www.advocap.org/business-development.html

City of Ripon

For businesses or prospective businesses located in the City of Ripon, assistance may be available to you via the City of Ripon Revolving Loan Fund.  Funds are designed to promote economic development with the city limits and encourage entrepreneurs to bring ideas to life.

http://www.downtownripon.com/riponmainst/pdf/Ripon_RLF_Application.pdf