Business Friendly Lending.
Ashland Area Development Corporation administers four Revolving Loan Funds (RLF's) to assist businesses in Ashland County. RLF's provide potential funding, often referred to as gap financing, for projects that cannot meet all their financing needs in the private sector. These RLF's usually provide secondary financing in partnership with other local lenders and are designed to provide an incentive for businesses to locate and/or expand in Ashland County. RLF funding is quite often the final piece of the puzzle which allows a project to proceed.
For more information about these RLF's or other potential funding sources, please contact AADC Executive Director, Betsey Harries, at (715) 682-8344.
Listed below are the 4 Revolving Loan Funds which are administered by Ashland Area Development Corporation
Ashland Area Chamber of Commerce
Ashland Area Development Corporation
Ashland Area Economic Development
Ashland Area Enterprise Center
For your convenience, below are some of the financial documents that are part of a loan application.
Personal Financial Statement
Projected Balance Sheet
Projected Cash Flow Statement
Projected Income (Profit & Loss) Statement
Sources and Uses Table
Business Start-up or Expansion Financial Worksheet
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