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.