RLF Capital Law and Legal Definition

According to 13 CFR 307.8 [Title 13 -- Business Credit and Assistance; Chapter III -- Economic Development Administration, Department of Commerce; Part 307 -- Economic Adjustment Assistance Investments; Subpart B -- Special Requirements for Revolving Loan Funds and Use of Grant Funds], RLF Capital means “Grant funds plus Local Share plus RLF (Revolving Loan Fund) Income, less any amount used for eligible and reasonable costs necessary to administer the RLF and any amount of loan principal written off.”