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What are the sources of funds for the BDC loan programs?

April 26, 2017bdc funds loan Programs sources

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What are the sources of funds for the BDC loan programs?

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10 Posted

Typically our products are funded by Revolving Loan Fund (RLF) programs that were initially seeded by Federal Community Development Block Grants or funds from the Pennsylvania Department of Community and Economic Development. By utilizing RLFs, the BDC can re-lend its limited dollars several times to many different borrowers.