Providing Low-Interest Loans

Keeping with our commitment to community, Boone Electric has established a Revolving Loan Fund (RLF). Our objective is to provide low-interest loans to assist with local economic and community development projects. The RLF will act as the funding source. Your electric co-op seeks continued improvement in the quality of life in rural areas. Activities like job creation and retention, diversification of the economy, improving the skills of the rural workforce, and upgrading infrastructure to improve the health, safety and/or medical care of rural residents are the goals of this loan fund. Click here to view a summary of the RLF program. Contact us for more information and the RLF application.

Note: Application fee is $250.