Get A Low Interest Business Loan

The Revolving Loan Fund is a fund set up by the City to help out local businesses.  A business can take out a loan at a very low interest rate to improve their business.  Eligible uses for the funds includes  capital equipment.   
For example Joe C. Beans is opening a coffee shop.  The building he bought needs some equipment. So he applied for a  loan through Royalton’s  Revolving Loan Fund (RLF) to  purchase tables, chairs, a coffee maker, and a cash register. 

The RLF will provide loans up to a maximum of $15,000 and a minimum of  $2000 at an interest rate based on the current Federal Reserve index.

Applications can be picked up at City Hall.  They will also be able to answer any questions you have about the Revolving Loan Fund.

320-584-5900

This institution is an equal opportunity provider and employer.