These funds are available to help new and existing firms with GAP funding in Carbon, Emery, Grand,
San Juan, and the Navajo Reservation.

Businesses Eligible for RLF Financing

Industrial

Retail

Service

Manufacturing

Commercial

Professional

Types of Financing Available

GAP Financing

Primary funding sources are required

60% first mortgage from Private Sector Lender

30% Revolving Loan Fund GAP financing

10% Business owner equity

Maximum loan amount is $80,000

5 year amortization or 10 year with 5 year call on real estate

Seed Capital Financing

LOANS up to $10,000

Terms up to 5 years

Competitive interest rates

No other lenders required

Rates, Rules & Costs

Job Creation Criteria

Emphasis on job-creating projects, One job created for every $15,000 of RLF
funds loaned.

Eligible Borrowers

Owners-Users Businesses, For profit organizations, Non-profit entities

Application Deadline

Year Round

Fixed Interest Rates

Up to 4 points below the Wall Street Journal Prime Rate, but not less than 4%.
Rate determined by ability to repay loan.

Borrower Fees and Costs

$75.00 Application Fee

1.5% Loan Origination Fee

Credit Report and Closing Costs

Funds cannot be used to refinance existing debt.

You will need Adobe Acrobat Reader to view and
download the application.

Business and Technical
Assistance Center

375 South Carbon Avenue

Price, UT 84501

(435) 637-5032 ext. 408