The Iosco County Revolving loan fund is one of the largest and most efficient EDC administered loan funds in the state. Since its inception, millions of dollars has been lent to both new ventures and existing businesses. The goal is to help those that might not have all the components the bank requires for a successful loan application.
Click on the link below to access the Revolving Loan Fund Plan, which includes the application. Before submitting the loan application ensure all criteria is met. The Tawas Area Chamber of Commerce at (800)55-Tawas, the Oscoda AuSable Chamber of Commerce at (800)235-4625, and the EDC at (989)362-4409 can provide assistance in filling out the loan application.