Use of Funds

Cedar Valley Growth Fund I, Inc.’s programs are designed for maximum flexibility.

Eligible Use of Funds

• Acquisition of real estate (to include land, building(s), etc.)

• Building construction, renovation, or improvements

• Leasehold improvements

• Purchase of machinery or equipment

• Working/Operating capital

• Business acquisition

• Technical assistance


Ineligible Use of Funds  

•  To substitute for credit otherwise available on reasonable terms and conditions

•  To refinance loans that will place the fund at a high degree of risk

<Eligible Businesses Collateral>