Success Story: Krampade Sports Drink Leverages Revolving Loan Fund To Secure Public/Private Investment For Business Growth
From Economic Development Administration (EDA) August 2020 Newsletter: EDA makes Economic Adjustment Assistance (EAA) grant awards to establish Revolving Loan Funds (RLFs) that make loans to businesses that cannot otherwise obtain traditional bank financing. These loans provide access to capital as gap financing that enables small businesses to grow and lead to new employment opportunities …