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. The RLF Program and have helped numerous businesses within the region get started.
In 2020 LOCLG again applied for additional assistance to help the region deal with the COVID-19 pandemic. Funding is available for local businesses that have been impacted by COVID-19. If you are interested in learning more about the RFL Program, more details are available at www.lakeozarksloan.com.
Helping small businesses within Camden, Laclede, Miller and Morgan Counties is what we do at LOCLG. So if you have been turned down by the bank this option may be what you need.
Starting a business, growing your business, need working capital, need to make improvements to include CDC recommendations, LOCLG is here to help you with financing and business support tools that will help your business succeed.
Call us today at 573-346-5692