Orange County Revolving Loan Fund Program

A partnership of Orange County and CIC, the Orange County Revolving Loan Fund Program was created to provide a flexible source of supplemental financing for businesses expanding or locating to Orange County.  The fund, created to assist businesses respond to impacts from the COVID-19 pandemic, was funded using American Rescue Plan Act monies.

Please note: This is a loan, NOT a grant. Businesses should expect to pay back the loan.

Who is eligible?

  • Existing businesses with 6 months of revenue history
  • New business startups or businesses with less than 6 months of revenue are eligible to apply if they are a graduate of CIC’s Entrepreneur Workshop or have maintained a long-term, professional relationship with an entrepreneur support organization such as SBDC, SCORE, CIC, etc.

Loan capital is restricted to Orange County businesses ONLY


  • Loans up to $20,000
  • Terms range 1-5 years
    • Year 1 payments on loans would have interest rate reduced by 3% (3.75-6.75%),
    • Year 2 reduced by 2% (4.75-7.75%),
    • Year 3 reduced by 1% (5.75-8.75%)
    • Loans beyond 3 years in term would pay CIC’s standard rate (currently 6.75% to 9.75%) after year 3
  • Closing fees average $200, and may be lower for very small loans
  • Personal guarantees required on all loans

Eligible Uses of Loan Funds:

  • Operating Capital
  • Land or Building Acquisition
  • New Construction
  • Property Rehabilitation or Improvements
  • Purchase of Equipment, Supplies, and Materials
  • Inventory for Resale

Review the full Orange County RLF Program Guidelines.

Application Process & Required Documentation

All loan application materials will be submitted via Lenderfit. To apply:

  1. Email our Financing Team or call (434) 218-3481 to schedule a consultation
  2. You’ll receive an email invitation to begin your application in Lenderfit within 1 business day
  3. In Lenderfit:
    1. Complete your loan application
    2. The following documentation will be needed for a complete application:
      • Business Plan and Cash Flow Projections
      • Existing businesses should submit financial statements and business bank statements
      • Last two years of tax returns
      • Personal Bank Statements
    3. Schedule phone call/site visit with CIC staff
  4. Complete applications submitted by the first of the month should have a decision within 4-5 weeks

Interested in learning about other financing options with CIC?