ETDD Revolving Loan Fund

Program Highlights
  • Up to 90% of project financing
  • Fixed rate for life of loan
  • Up to $200,000 financing available per project
Use of Funds
  • Purchase, construction, or renovate buildings for commercial or industrial use
  • Acquisition of machinery and equipment
  • New business ideas
  • Working capital
Terms
  • Up to 15 years depending on use of funds and repayment ability.
Interest Rates

Call for current rates.

Fees
  • Loan fee of 1.5%
Eligibility Highlights
  • Available to for‐profit businesses and some non‐profit organizations
  • Create new jobs and retain existing jobs
Eligible Counties
  • Anderson
  • Blount
  • Campbell
  • Claiborne
  • Cocke
  • Grainger
  • Hamblen
  • Jefferson
  • Knox (inside city only)
  • Loudon
  • Monroe
  • Morgan
  • Roane
  • Scott
  • Sevier
  • Union
Information
Forms