Revolving Loan Fund Update

Working with two other Councils of Government, Catawba Regional recently acquired the RLF (Revolving Loan Fund) portfolios from Lowcountry and Lower Savannah Council of Governments, increasing total RLF capital to $5 million. Catawba Regional can loan RLF funds from $50,000 to $300,000 in conjunction with bank financing for land, building, equipment, and working capital. RLF funds are now available to small businesses in the following counties: Aiken, Allendale, Bamberg, Barnwell, Beaufort, Calhoun, Chester, Colleton, Hampton, Jasper, Lancaster, Orangeburg, Union, and York.