Dubois Strong Assists New Startups with Lending Programs and Directives

ELF supports the retention and expansion of current businesses, as well as the establishment of new businesses in Dubois County. The Enterprise Loan Fund is for ‘gap financing’ of business ventures that create and retain job opportunities in Dubois County. ELF provides only the minimum gap financing needed to assist the local financial institutions in completing a financing package; complimenting local resources rather than attempting to replace or compete with traditional lenders. 

Eligibility for this loan program is based upon location within the geographical boundaries of Dubois County, Indiana. Loans are targeted to industrial and commercial business organizations where potential job creation and retention are greatest. 

The ELF also targets loans to businesses and industries with economic growth potential that would have additional positive economic impacts within Dubois County and the surrounding area. Eligible applicants include businesses that are for-profit and owned by any person, partnership, cooperative, or corporation that will promote job creation or job retention.

 Business operations must exist or be locating within Dubois County, and will be creating or retaining jobs. 

For more information, download the Dubois Strong ELF Brochure. Or if you’re ready to get started, click here for an Online ELF Application.