2021 Revolving Loan Fund Workshops

About the RLF Workshop
This workshop is for anyone who works with Revolving Loan Funds but is specifically tailored to USDA RD’s REDL&G program. The topics will include an overview of the REDL&G program and closing initials awards; administration of an RLF including evaluating applications, financial statements, and collateral options; closing loans and perfecting liens; organizing and maintaining loan files, annual reporting to USDA, audits, as well as marketing and outreach.

Locations: 

• October 21 – Des Moines (In-Person and Zoom)   
  CIPCO Training Room
• October 26 – Storm Lake  
  Ballou Building, Buena Vista University - This is also the office of the President of the University located at 425 College Ave in Storm Lake.   Parking is in Lot K which is directly south of the building.  

Time: 10:00 am – 2:30 pm

Cost: $75 pp for in-person attendance and $45 for Zoom (Des Moines session only) Included with your registration for in-person attendees is lunch and workshop materials. Zoom participants will receive the workshop materials either via USPS if time allows or in a PDF. 

Agenda at a Glance

REDL&G Overview

• Closing the Initial USDA Award
• Administration and Loan Policy

RLF Operation

• Evaluating an Application
  - Company Financial Statements
  - Collateral Options
• Closing a loan
  - Perfecting a Lien
  - Organizing Loan Files
• Annual Reporting to USDA’s LINC system
• USDA Audits
• Marketing your RLF

Questions can be directed to Bruce Nuzum

Thanks, we hope you can join us for an RLF Workshop!