The Community Loan Center (CLC) operated by Homestead Resources has been operating in West Central Indiana for nearly 10 years. It is a low-cost alternative to expensive payday loans. The employer-based, small dollar loan program saves clients hundreds of dollars in interest and fees, helping employees become financially stable at no direct cost to the employer. Employees must be employed at their current employer for a minimum of 90 days and can be extended up to 180 days as a loan requirement depending on the partnership agreement with the employer.