Maumee Valley Planning Organization
Serving Defiance, Fulton, Henry, Paulding, and Williams Counties in Northwest Ohio
Economic Development Services
Economic and Community Development Planning
Community Facilities Finance Packaging
Business Finance Packaging
Grant Application Planning and Preparation
Revolving Loan Fund Administration
Microenterprise Loan Packaging
Daycare Center Revolving Loan Program Administration
Information & Projects
Revolving Loan Fund (RLF)
The Revolving Loan Fund (RLF) offers loans to businesses in conjunction with a bank. Such funds are used in the event that full financing cannot be obtained from a bank, or to fill the "gap" between a bank loan and the financing necessary to complete a proposed business project. The RLF will not provide 100% financing of a project. These loans have created jobs and retained jobs within the five county region. With these funds, the RLF has generated private funds invested in the region and additional public funds. The Maumee Valley Planning Organization has been working on building RLF loan capacity since 1993 and currently manages RLF funds for Defiance, Fulton, Henry, and Williams counties, as well as the Cities of Bryan, Defiance, and Wauseon, and the Villages of Edgerton and Hicksville.
State of Ohio Economic Development Program
The Maumee Valley Planning Organization is prepared to assist with applications for Economic Development assistance from the State of Ohio Development Services Agency for projects where RLF funds are not sufficient for the project. The State of Ohio Office of Community Development's Economic Development Program provides funds to units of local government to provide gap financing for local business development. Except for local infrastructure needs, Economic Development Program funds are repaid to the local community's RLF to provide funding for additional business assistance activities.