Winnebago County Revolving Loan Fund

Purpose: A flexible gap financing tool for Winnebago County businesses to provide capital to fuel growth initiatives and expansion plans.

Award Range: Program awards for any single business enterprise range from a minimum of $25,000 to a maximum of $250,000.

Geographic Scope

• Winnebago County, WI (within the corporate limits of Winnebago County)

Eligibility

• Any viable private enterprise with at least two years of financial history seeking to grow operations within Winnebago County, WI

Eligible Activities

• The acquisition of land, buildings, and/or fixed equipment
• Inventory essential to the business operations
• Site preparation, the construction and/or reconstruction of buildings, the rehabilitation of buildings including leasehold improvements, and/or the installation of fixed equipment
• Clearance, demolition, or the removal of structures
• Working capital
• Research and development
• Intellectual property
• Employee training
• Marketing of new products or its emergence into a new niche
• Employee recruitment and/or transfer
• Interest rate buy-down with private sector lender

Financing Guidelines

• Private Funds: Up to one dollar of private sector investment shall be provided for each dollar of WCRLF investment
• Loan Terms: Determined on a case-by-case basis, designed around generating maximum success and outcomes
• Interest Rates: Determined by the RLF Committee, balancing risk and return for Winnebago County, as well as applicable margins to cover associated costs
• Repayment: Deferral of principle payments may be provided but will be determined based on generating maximum project success and outcomes
• Collateral: Requirements determined on an individual basis by the RLF Committee

Contact

• Phone: (920) 230-3321
• Address: 111 N Main St, Ste 204, Oshkosh, WI 54901

Application Process

• View Application (link provided on website)
• Book a Consult or reach out directly at (920) 230-3321 for assistance with the application process