CDFA EDA Revolving Loan Fund Webinar Series: Developing a Loan Committee and Monitoring Their Involvement

Revolving Loan Fund committees are essential to a program’s success. If properly leveraged, the RLF Committee can be a key resource in finding borrowers for your RLF program and making good decisions for sustainability of the fund. Many successful loan committees are made up of bankers, non-traditional lenders, city officials and small business owners alike. It is essential that RLF staff have guidelines in place to monitor and encourage board involvement. Speakers on this webinar included Terry Hegle with Business Oregon, Ken Pearson with Northwest Regional Planning Commission, and Tricia Wilson and Carol Meredith with the City of Newport News, VA.

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