For qualified borrowers, financing may include industrial development bonds, incentive grants, or small business programs. Visit the Virginia Department of Business Assistance (VDBA) or the Virginia Small Business Financing Authority (VSBFA) for more information on available programs, such as:

• Loan Guaranty Program
• Virginia Capital Access Program (VCAP)
• The Virginia Economic Development Loan Fund (EDLF)

 

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Orange County Revolving Loan Fund 

The Orange County County Revolving Loan Fund (RLF) is a flexible source of supplemental financing for businesses expanding or locating to Orange County. This fund was created to assist businesses respond to impacts from COVID-19, and was funded using American Rescue Plan Act monies allocated to Orange County.  Community Investment Collaborative (CIC) will administer the Fund and only Orange County businesses will be eligible to receive loans for the fund.

For start-up businesses or companies needing capital to expand, the RLF can help.   Eligible uses for loan proceeds include operating capital, land or building acquisition, new construction, property rehabilitation or improvements, the purchase of equipment, supplies and material, and inventory for resale.

Review the full Orange County RLF program guidelines. For more information please contact the Economic Development Office at (540) 672-1238 or contact Community Investment Collaborative who administers the RLF program on behalf of Orange County.