Revolving Loan Fund
The purpose of the Washburn County Industrial Development Agency Revolving Loan Fund is to:
- Introduce and encourage private sector investment into businesses that will expand productivity and create permanent jobs.
- Provide bridge (gap) financing when necessary working with conventional commercial lenders.
- Help new entrpreneurs with start-up businesses, existing businesses, grow and expand businesses in relocating to Washburn county.
- Foster job retention within Washburn County.
- Stabilize and diversify Washburn County's Economic Base.