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145-A Worth Street
PO Box 2001, Asheboro, NC 27204-2001
Phone: (336) 626-2233
Email: brenfro@rcedc.com
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USDA Business & Industry Guarantee Loans

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Loans are made for improving, developing, or financing business and industry, creating jobs, and improving the economic and environmental climate in rural communities under 50,000 population. This loan can be for fixed assets, working capital, and certain types of debt financing. The dollar range is $10 million (in some cases up to $25 million) with a negotiated interest rate either fixed or variable. The loan must be secured and requires 20% equity. Terms range from 7 to 30 years.

For Additional Information

Randolph County Economic Development Corporation
Post Office Box 2001
Asheboro, North Carolina 27204-2001
(336) 626-2233
(336) 626-0777 Fax

Bonnie Renfro - President
brenfro@rcedc.com

Lisa Bennett - Manager, Marketing and Research
lbennett@rcedc.com

Harry Lane - Existing Business and Industry Coordinator
hlane@rcedc.com