RRFDC Helping Local Business

More than 80 district businesses are benefiting from loans offered through the Rainy River Futures Development Corporation.

Friday, staff held an open house as part of Community Futures Development Corporation Day.

Local Client Services Manager Geoff Gillon says there's been a recent change to how much money it can provide.


" Over the last year our lending limits have been increased to $250-thousand," says Gillon. "Prior to that they were at $150-thousand. So we're undergoing a bit of a change as to how we give out loans and the different type of loans because the bigger the loans you get the more due diligence you have to deal with them and the bigger the impact in the district."

Friday's event was held to raise awareness of services and programs offered by the local office.