Growing local businesses: Grand County urges entrepreneurs to take advantage of revolving loan funds

What’s standing between your business and a great new idea or expansion? Often, the answer is money. This week, the Grand County Economic Development Department urged locals to reach out and use the Grand County Revolving Loan Fund Program to access affordable financing options. 

The program, driven by the Southeastern Association of Local Governments, aims to support local businesses to grow, remain financially sustainable, or simply get off the ground.

Chosen businesses can access competitive, flexible interest rates on their loans with individualized repayment schedules. The program takes care to customize each loan and provide financial literacy education to local entrepreneurs so that each business can make the best decision possible. 
To explore the possibilities offered by the Grand County Revolving Loan Fund program and initiate the application process, reach out to Jade Powell at jpowell@seualg.utah.gov or Sky White at swhite@grandcountyutah.net.

Maggie McGuire has been the publisher of the Moab Sun News since 2021.

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