Revolving Loan Fund

East Central Iowa REC Revolving Loan Fund continues to support growth in rural communities across the membership.

Loan Amounts: Minimum of $5,000, up to 80% of available funds.
Loan Term: Up to 10 years.
Interest Rates: Varies by project; will not exceed the prime rate as published in The Wall Street Journal.
Loan Security: Adequate collateral required (may include mortgages, liens, and/or personal guarantees). Additional terms or conditions may apply as determined by the Board.