TLAC Development Corporation administers a Revolving Loan Fund (RLF) to encourage the development of new businesses and expansion of existing businesses in Las Animas County. The source of the Revolving Loan Fund comes from USDA Rural Development.
Priority consideration for lending will be given to businesses that employ or will employ less than 100 individuals. Manufacturing, service, and retail businesses that plan to locate or expand within the county are eligible to apply for a loan. Projects involving retention of jobs within the region are also eligible for assistance.
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Revolving Loan Fund (RLF)
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"DIRECT" LOANS function to provide loans to applicants having exhausted conventional sources of capital (do not meet bank-lending policies). Applications are available above and must be submitted in paper format to our office no later than the 15th of every month.
For more information on the Revolving Loan Fund program, please contact:
Michael Aragon, MS; RLF Administrator/Program Facilitator
Email: Michael.Aragon@tlac.net.
Phone: 719.846.9412
Toll Free: 800.748.1970
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