Business Financing

The mission of the Northwest Commission’s Revolving Loan Fund (RLF) is to stimulate the creation and the expansion of small for-profit businesses for the purposes of creating new jobs and retaining existing jobs in the 8-county region of Clarion County, Crawford County, Erie County, Forest County, Lawrence County, Mercer County, Venango County and Warren County. The RLF is able to assist small business through the use of fixed low-interest loans, structured to allow businesses the ability to borrow based on the number of jobs created or retained. The Revolving Loan Fund (RLF) is comprised of funds from the Appalachian Regional Commission (ARC), Economic Development Administration (EDA) and United States Department of Agriculture (USDA).

In addition, as a Certified Economic Development Organization (CEDO), the Northwest Commission works with the Department of Community and Economic Development (DCED) to market and administer the loan financing programs available through the Commonwealth.

Maximum Loan

  • Loan programs will finance up to 50% of total eligible project costs.

Eligible Uses

  • Land acquisition, preparation and associated expenses
  • Building acquisition, construction or renovation
  • Machinery and equipment purchases (new or used) and related expenses
  • Working Capital


  • Land & Building – up to 15 years
  • Machinery and Equipment – up to 10 years
  • Working Capital – 3 years


  • Revolving loan fund financing is available to eligible small businesses at an interest rate of 3.95%  fixed for the term of the loan. 
  • The Pennsylvania Industrial Development Authority (PIDA) Board has made financing available to qualifying Pennsylvania small businesses at a 3.75% rate fixed for the term of the loan.
  • These rates are good for completed loan applications received through March 31, 2019.

Eligible Applicant

  • Manufacturing or Industrial Business
  • Hospitality Enterprise
  • Commercial & Service Enterprise
  • Child Day-Care
  • Agriculture Enterprise or Agriculture Producer


  • Must collateralize asset(s) financed
  • Will subordinate lien position to bank
  • Personal and corporate guarantees may be required

Application and/or closing fees are charged at the discretion of the Northwest Commission but will not be greater than two percent (2%) of the loan amount. The Northwest Commission’s closing documents are standard documents. Any modifications to these documents will result in an additional legal fee charged directly to the borrower.




For additional information  please contact:  
Rebecca Beach
Loan Program Manager