Renee Ortiz - Profile and Journalist Details
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Renee Ortiz
Verified
Staff Writer, The Index-Journal
South Carolina
Beats
local, lifeArts, features sports, news
Content
By Renee Ortiz Verified| The Index-Journal Verified How the RLF loan process works The Upper Savannah Council of Governments’ Revolving Loan Fund (RLF) is designed to provide gap financing, filling in when a business can’t secure the full amount it needs from a bank. Here’s how it typically works: Start with the bank: Businesses should first approach their bank to determine how much the bank is willing to loan. COG steps in next: If the bank cannot cover the full project cost, the RLF may provide funding to close the gap.
By Renee Ortiz Verified| The Index-Journal Verified After years of closure and months of construction, the new Airport Road bridge is expected to open for traffic as early as next week. Jeremy Hodges, resident construction engineer for Greenwood with South Carolina Department of Transportation, says crews are working to make the finishing touches this week. “Once people see the signs are gone, they can use the bridge,” Hodges said. Construction and detour signs have been the norm since the bridge officially closed on Jan. 11, 2022.
By Renee Ortiz Verified| The Index-Journal Verified How the RLF loan process works The Upper Savannah Council of Governments’ Revolving Loan Fund (RLF) is designed to provide gap financing, filling in when a business can’t secure the full amount it needs from a bank. Here’s how it typically works: Start with the bank: Businesses should first approach their bank to determine how much the bank is willing to loan. COG steps in next: If the bank cannot cover the full project cost, the RLF may provide funding to close the gap.
Company Info
The Index-Journal
The Index-Journal is a daily newspaper published in Greenwood, SC. With the merger of two earlier papers, the Greenwood Evening Index and the Greenwood Daily Journal, the Index-Journal was founded in 1919. It now serves the Lakelands area, including Greenwood, Abbeville, as well as parts of McCormick and Saluda Counties.
Greenwood, United States
+1 864-223-1411
Founded: 1919