Growth Capital Program
Through the Growth Capital Program the RRCF purchases up to 25% of a commercial loan originated by a lender and subordinates our interest to the participating lending institution, thereby increasing a borrower's lending capability. The participating bank will service the loan as they normally would. A typical loan will be for real estate, equipment or working capital up to $1 million.
Crosby Community Enhancement Grant
The Community Enhancement Funds will provide resources to organizations and communities that are working to create, improve, and strengthen the quality of life by marketing & promotions and enhancing job development through the cultural, historical, recreational, educational, health/fitness and social/ethnic activities in our trade area.
Carrington Community Connection Grant Program
The City of Carrington, through its Economic Development Fund, offers a Community Connection Grant to assist individuals, businesses and public entities located within city limits or the extraterritorial area of Carrington in developing projects that improve quality of life in Carrington.
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