The City of Galesburg, Illinois Revolving Loan Fund Program is designed to stimulate business growth.
Funds can be used for: – the purchase or creation of a business – adding a new product line or machinery and equipment – or expanding, renovating, or relocating business operations Benefits include:
• Low interest rate.
• Flexible use of funds.
• Easier access to capital than traditional sources.
• Compatability with other sources of financing.
• Stream-lined approval process.
Funds are available for $15,000 per full time job created with a maximum of $750,000. Interest rates are as low as 0% in certain circumstances.
City of Galesburg, Illinois
Address: 55 W. Tompkins Street