Revolving Loan Fund
The City of Alma operates a Revolving Loan Fund that assists local businesses with growth and expansion. To apply for an RLF, a business owner must complete two documents and provide additional inofrmation that is requested in the application. Once the credit report form, the application, and the requested documents have been submitted to the City Manager, he will call a meeting of the DDA/RLF committee. The committee will evaluate the documents and decide to send them to City Council for final approval or deny the loan. Below are the documents including the RLF guidelines, the application, the credit report, and a list of DDA/RLF committee members.