Mo-Kan Revolving Loan Fund - Frequently Asked Questions

• What is the maximum we can borrow under the RLF program?
  $200,000 is the maximum available under the RLF program.
  
  
• Our bank is not willing to loan us money for working capital. Any suggestions?
  Through the RLF program, we can loan up to $200,000 for an eligible project or provide the bank a 50% guarantee on their loan as additional collateral.
  
  
• Our bank is willing to make the loan but not at a fixed rate. Can we get an RLF loan?
  No. If your bank is willing to loan you the money on reasonable terms, you are not eligible for the RLF program.
  
  
• Can I qualify for an SBA 504 Loan and use the RLF program for working capital?
  Yes. The RLF is ideal for this purpose.