Revolving Loan Fund

The City of Richmond’s Revolving Loan Fund (RLF) is a community based program with the goal of fostering local economic growth through the creation and retention of employment opportunities for Richmond residents and complementing community and individual development initiatives.

The City of Richmond encourages the development of new businesses and the expansion of existing businesses. Existing businesses within the City of Richmond or businesses planning to locate within the City of Richmond are encouraged to apply.

Who should apply?
Your business may be eligible for RLF loans if it:
  • Business is located in the City of Richmond
  • Business has been in operation for a minimum of one year
  • Plans to locate to the City of Richmond
  • Will provide services or hire residents within the City of Richmond

Types of Loans
The RLF provides four loan options to business owners:
  • Working capital—for the costs of business operations
  • Machinery/equipment—for the acquisition of machinery and equipment
  • Fixed assets—for leasehold improvements, renovation, expansion of a structure, or purchase of fixed assets
  • Facade improvements—for improving the exterior appearance of a business

Loan amounts range from a minimum of $5,000 to a maximum of $100,000. Loan applications are reviewed by the RLF Board.

Download an application here: Richmond Revolving Loan Fund Preliminary Application.

Revolving Loan Fund Brochure 2016-1

For more information, contact:


Janet Johnson
Senior Business Assistance Officer/City Manager’s Office
450 Civic Center Plaza, Third Floor
Richmond, CA 94804
510-307-8131
janet_johnson@ci.richmond.ca.us