RACDC administers the SBRLF on behalf of the Town of Randolph. Over the ten years of its existence, the SBRLF has assisted more than 20 local businesses with start up and expansions. The current loan portfolio is approximately $150,000 with loans to six local businesses.
Applications are made to RACDC. RACDC assists the applicant in presenting a complete loan application. The completed application is reviewed by the SBRLF committee, which has five members, appointed by the Randolph Selectboard. The committee will either recommend the application for funding to the Selectboard, or deny the request. If your request is denied, the committee will give the reasons for denial in writing, and if possible, suggest ways to improve the application to be approved for funding. The Selectboard makes the final decision.
The SBRLF will lend up to $20,000 to any single business, for a term not to exceed five years. Higher amounts may be considered but will be subject to more extensive review and stricter collateral and matching fund requirements.
The Randolph Revolving Loan Fund (SBRLF) is designated to assist small business development in Randolph. The Small Business Loan Fund was established:
We welcome applications from anyone doing business or planning to do business in the Town of Randolph. We have an application package to help you with the application process. Please be in touch with Rita Hull at RACDC if you have any questions. The Loan Policies and Procedures are also available upon request by any potential applicant.
Randolph Business Revolving Loan Fund Policies & Procedures 
Randolph Business Revolving Loan Fund Application Forms
RACDC
21 Main Street
P.O. Box 409
Randolph, VT
05060
v.802-728-4305
f.802-728-6721
info@racdc.com