Lake of the Ozarks Council of Local Governments (LOCLG) is designated as an Economic Development District (EDD) by the Department of Commerce Economic Development Agency (EDA). In 2000 LOCLG applied for grant funds to start a Revolving Loan Fund (RLF) to assist local lenders and businesses to obtain financing for business development and business growth. We have also partnered with Central Ozarks Development, Inc. (COD) a non-profit organization that specializes in community development. Together we support the RLF Program and have helped numerous businesses within the region get started. If you are interested in learning more about the RFL Program, click on the link to take you to the Loan Application and it explains the process and how to apply for funds. Job creation is the number one goal of the program, and second to help start up businesses that may not be able to find financing at a conventional lender. So if you have been turned down by the bank this option may be what you need.
Call us today at 573-346-5692