How long can the loan be for?

The maximum RRLF loan period is ten years. The loan payback is generally structured according to what the monies are used for. For example, loans used for machinery and equipment costs generally have a 5 to 7-year payback loans for fixed assets usually run 10 years. Working capital loans cannot exceed seven years.

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1. What is the Rural Revolving Loan Fund (RRLF)?
2. What is its purpose?
3. Who can apply?
4. What can the money be used for?
5. How much can be borrowed?
6. How long can the loan be for?
7. What is the interest rate?
8. Is the loan secured?