Loan Funds

Revolving Loan Funds are a popular economic development tool, delivering high risk capital to projects that cannot be financed by conventional sources. Loans are generally used as gap financing where the existing bank financing and equity available are not sufficient to meet project costs.

The aim of the TCAD Loan Fund Program is to create quality employment opportunities by helping entrepreneurs start new businesses, expand current operations and attract businesses to Tompkins County.

The TCAD Loan Fund Program is targeted to businesses selling a product or service to customers outside of Tompkins County. Businesses primarily selling products or services locally are considered if the business can demonstrate it will not compete with other local businesses and it will create or retain permanent full time jobs.

In 2009, TCAD expanded the Program to deliver assistance to high tech start-up companies using a quasi-equity investment model to better serve the needs of early-stage companies.

Since 1989, TCAD has loaned $2 million to 57 companies that have created over 900 jobs. TCAD can help connect you with the right loan for land, building, working capital, machinery, or equipment.

TCAD Loan Program Policies are available here.


This institution is an equal opportunity provider, employer, and lender.

If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, AD-3027, found online at, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at

 Portfolio Companies