Economic Development

The Economic Development and Revolving Loan Fund (ED & RLF) is a program designed to encourage economic development activities and promote opportunities for employment in the communities that GCRA serves. The program provides funds to small existing and emerging businesses located in the central business district of Fountain Inn, Greer, Mauldin, Simpsonville and Travelers Rest.  Currently, the fund is not available to business along commercial corridors within the unincorporated areas of the County or in the City of Greenville.

  • Loans are between $5,000 and $25,000
  • Loans terms are five years
  • Interest rates are between 3 and 5 percent
  • There is a two year loan deferment option
  • Loans require collateral (equaling or exceeding the value of loan)
  • Personal guarantors are required

The window for loan application submittals is open.  Therefore, applications may be submitted at any time. Eligible applicants must pay a non-refundable application fee of $100, submit a completed application with all supplemental documents, and complete the required hours of business/financial training for new and existing business provided by SCORE.  To learn more about the ED & RLF and initiate the application process, please review the program guidelines and submit the project summary form provided below along with a pre-application fee of $25 to determine project eligibility.   For questions regarding the ED & RLF Program, please call or email Rashida Jeffers, GCRA Community Development Planner at 864-242-9801, extension 120 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Economic Development Program Brochure

Guidelines for Preparing a Business Plan

Project Summary Form

Program Guidelines

Other Resources:

Community Posters

Conestee

Conestee front image

Conestee back image

Check out our community posters, showcasing houses and landmarks in each historic neighborhood.

More posters

Photos

  • New Construction: Preview a selection of GCRA’s newly constructed homes, featuring various floor plans and beautiful landscaping.
  • Rehab Projects: GCRA works closely with homeowners to provide home improvements. View some of the before and after photos.