The Lincoln-Uinta Revolving Loan Fund is a pool of money designed to help eligible businesses create or retain jobs in Lincoln and Uinta counties. The LURLF is intended to bridge the gap created by shortfalls in conventional financing.
A business may borrow up to 40% of the total project costs, not to exceed $100,000 - ten year term. The borrower is required to have at least 10% equity in the project.
Business activities eligible for LURLF financing include:
Land and building acquisition
Building construction and renovation
Purchase of machinery
Equipment or working capital
The job creation goal is one job per $7,500 of LURLF money used. Contact for application information.