Background

The ARDC Revolving Loan Fund (RLF) supports business activities for which credit is not otherwise available. The objective of the program is to stimulate private investment in order to create and maintain productive, permanent employment through the establishment of new businesses or the expansion of existing businesses. Financing provided in conjunction with this program is intended to complement – not compete with – private lending institutions.


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More Information

For more information on ARDC’s Revolving Loan Fund, please contact:

Bob Palmquist
Senior Business Developer
The Northspan Group, Inc.
221 West First Street
Duluth, MN 55802

Phone: 218-529-7562 (direct)
Toll-free: 1-800-232-0707 ext. 562.
Fax: 218-529-7592
Email: bpalmquist@northspan.org