Development Services
RCIF provides capital to finance the rehabilitation of homes in the low and moderate income neighborhoods of Rockford which make up its Target Market.
One-on-One Business Consultation
RCIF, directly or through referrals to the City of Rockford, the Small Business Development Center, local financial institutions, or its Affiliate, Rockford Local Development Corporation also offers its Borrowers one-on-one consultation providing individual guidance on small business related topics such as project structure, cash flow budgeting, profit margins, credit score enhancement, alternative sources of capital and other similar business and project specific issues. RCIF performs an intake of its prospective borrower to analyze the applicant’s business and the project, and advises the applicant as necessary or provides a referral to one of RCIF’s community partners.
Quarterly Webinar Series
RCIF presents webinars for its borrowers and prospective borrowers. Topics include subjects such as alternative legal structures, cash flow budgeting, credit score enhancement, alternative sources of capital and related business planning topics. The webinars are currently being publicized through email blasts to interested parties.