What is the RLF?

WEC is a member-owned cooperative dedicated to improving the lives of its members. To that end, WEC created a Revolving Loan Fund (RLF) to help fund improvements to our community. The purpose of the RLF program is to loan money at a low-interest rate to individuals, companies, or municipalities for gap financing for their project or business. This helps create and retain jobs for our local community. Now, WEC is accepting applications for loans from others with ideas on how to improve our community. These loans are being provided for projects that will significantly benefit rural areas. If an application is approved, WEC will work with local lenders and others to maximize the leverage of the RLF dollars so that the result is the maximum possible economic development. It is the further intent of WEC to use the RLF program to supplement, but not compete with, capital that may already exist within the communities.