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REVOLVING LOAN FUND (REF) PROGRAM ADMINISTRATIVE GUIDELINES City of Urbandale, Iowa July 2015 City of Urbandale Revolving Loan Fund (REF) Program City of Urbandale, Iowa Mayor Bob Enduing City Council
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Program revolving loan fund is a financial tool that provides loans that are recycled as they are repaid, allowing the lending program to continue in perpetuity.
Organizations or entities that operate revolving loan funds are required to file program revolving loan fund.
Program revolving loan fund can be filled out by providing detailed information about the loans granted, interest rates, repayment terms, and fund balance.
The purpose of program revolving loan fund is to provide access to capital for businesses, individuals, or projects that may not qualify for traditional loans.
Information such as loan disbursements, interest earned, loan repayments, outstanding balances, and fund management expenses must be reported on program revolving loan fund.
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