TeachMeFinance.com - explain Revolving loan program
Revolving loan program The term 'Revolving loan program ' as it applies to the area of agriculture can be defined as ' A program that uses the repayments of existing loans to make additional loans to qualified borrowers. Initial capitalization of a revolving loan fund may be derived from federal appropriations or contributions from other sources'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.