Region XII Development Corporation (RDC) provides loans & financial packaging assistance to small businesses throughout the six counties Region XII serves. Since 1995, the RDC has provided loans to over 45 businesses totaling nearly $4 million. As a result, 550+ jobs have been created/retained, and over $21 million has been invested in our counties.
The RDC Revolving Loan Fund contains funding provided by the six counties, the U.S. Department of Commerce (Economic Development Administration), and USDA Rural Development.
Loan applications are reviewed monthly by a committee of local development and private lender representation from each county. Applications must be sponsored by your County Economic Development Organization. Borrowers are required to meet investment and job creation criteria, which is further explained in the fact sheet.