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Use of Funds
Cedar Valley Growth Fund I, Inc.’s programs are designed for maximum flexibility.
Eligible Use of Funds
• Acquisition of real estate (to include land, building(s), etc.)
• Building construction, renovation, or improvements
• Leasehold improvements
• Purchase of machinery or equipment
• Working/Operating capital
• Business acquisition
• Technical assistance
Ineligible Use of Funds
• To substitute for credit otherwise available on reasonable terms and conditions
• To refinance loans that will place the fund at a high degree of risk
<Eligible Businesses Collateral>