Revolving Loan Fund: Loan Options LOAN OPTIONS FOR GENERAL BUSINESS, EQUIPMENT, AND REAL ESTATE The Recovery RLF provides gap and primary financing to private borrowers including start-up businesses in the City of South Bend impacted by COVID-19. Our loans carry a low interest rate and flexible terms of repayment to support the recovery of impeded business operations. The funds are loaned up to 20 years for real estate, 10 years for equipment, and 3 years for working capital. Loans can range from $50,000 to $1.5 million. YOU MAY USE RLF FUNDS FOR… The Recovery RLF provides funding for working capital, equipment purchases, and real estate acquisitions. Funds can be used for… General business needsIT equipmentIndustrial machineryLogistical equipmentResearch and developmentReal estateBuilding renovations and extensionsLandWarehousingAnd more… YOU MAY NOT USE RLF FUNDS FOR… RLF capital is ineligible for use in… Refinancing existing debtSubsidizing an existing loans interest paymentInvesting in interest-bearing accounts (the stock market)Acquiring an equity position in a private businessThe tobacco, alcohol, and gambling industries REVOLVING LOAN FUND HomeInformationLoan OptionsEligibilityGet Approved Department of Community Investment227 West Jefferson Blvd.Suite 1400 SSouth Bend, IN 46601574-235-5838 Get Directions CONTACT US Contact the City of South Bend’s Department of Community Investment to learn more about eligible ways in which to spend RLF funds. Department of Community Investment227 West Jefferson Blvd.Suite 1400 SSouth Bend, Indiana 46601574-235-5838 Apply Today