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EXHIBIT L1 SAMPLE RECIPIENT AGREEMENT (For revolving loan fund projects)THIS AGREEMENT is entered into this day of, 20, by (name of City, Town or County), herein referred to as the (City, Town or
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How to fill out for revolving loan fund

01
To fill out for a revolving loan fund, follow these steps:
02
Collect all the necessary documents and information required to apply for the loan.
03
Research and identify the appropriate revolving loan fund program that suits your needs.
04
Contact the organization or financial institution that manages the revolving loan fund program.
05
Request an application form and carefully review the eligibility criteria and guidelines.
06
Fill out the application form accurately and provide all the required information.
07
Gather any supporting documents or financial statements that may be needed to support your application.
08
Double-check all the information provided and ensure the form is complete.
09
Submit the filled-out application form along with the necessary documents to the designated authority.
10
Wait for the review and evaluation process to take place.
11
If approved, carefully review the terms and conditions of the loan agreement.
12
If required, attend any meetings or consultations with the organization or financial institution.
13
Sign the loan agreement and fulfill any additional requirements or documentation.
14
Receive the approved loan amount and make timely repayments as per the agreed terms.

Who needs for revolving loan fund?

01
The revolving loan fund is beneficial for various individuals and entities, including:
02
- Small business owners in need of funds to expand their operations or cover operating costs.
03
- Entrepreneurs looking to start a new business and require initial capital.
04
- Non-profit organizations or community groups seeking financial assistance for various projects.
05
- Local governments or municipalities looking to promote economic development or support local initiatives.
06
- Individuals or families in need of financial support for education, housing, or emergencies.
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- Sustainable energy projects requiring funding for implementation and development.
08
- Farmers or agricultural enterprises requiring funds for equipment purchase or farm improvements.

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The revolving loan fund is a source of money that is replenished as loans are paid back, allowing the fund to be used for multiple loans over time.
Any organization or individual that has received a revolving loan must file for the revolving loan fund.
To fill out for the revolving loan fund, the borrower must provide information on loan repayment and future loan needs.
The purpose of the revolving loan fund is to provide access to capital for multiple loans over time.
Information such as loan repayment schedules, loan amounts, and future loan needs must be reported on the revolving loan fund.
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