About RLDC

Rockford Local Development Corporation (“RLDC”) is a small business champion and a catalyst for community and economic development.

A private, not-for-profit economic development agency, RLDC has been helping small businesses grow since 1979. With $4 million of RLDC-owned loan funds and as a Certified Development Company through the SBA 504 Loan program , RLDC is able to structure leveraged financings that reduce a borrower’s down payment and provide attractive long term fixed rate loans.

Since RLDC capitalized its loan programs in 1985, it has funded more than 620 projects with loans totaling more than $163 million. These loans have impacted more than 8,000 jobs. In the past two years, RLDC has funded 88 projects with loans totaling more than $32.4 million to support more than 1,400 jobs.

RLDC is a service-oriented commercial lender that simplifies the loan application process and encourages bank participation in your project by reducing the bank’s risk and providing you the borrower with expert advice. Learn what nearly 600 area businesses have about RLDC’s ability to make your business dream a reality by contacting us at 815-987-8675.