EDA awards a grant to an organization that manages the RLF. An RLF provides a flexible source of capital for businesses. When the loan is repaid, the fund revolves to support more businesses. 500 EDA-funded RLFs support economic development nationwide. EDA has invested over $560 million to capitalize RLFs. RLF Capital Base has grown to $870 million. Across the US, over 39,000 loands have been made. More than 690,000 jobs have been created or retained. RLF loands have leveraged over $17 billion in additional investment. More info at https://www.eda.gov/rlf/.