General Business |
DIRECT LOANS - to supplement the capital needs of borrowers
 Use of Proceeds:
- Term working capital
- Machinery and equipment
- Purchase, construction, expansion, or upgrading facilities
- Mortgages or owner-occupied real property
- Brownfields remediation and redevelopment
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Amount - $250,000 to $5 million |
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Term Maturity - Tailored to each transaction--up to 20 years |
GUARANTEED LOANS - to help private-sector lenders meet their client's financing requirements
Use of Proceeds:
- Term Working Capital
- Machinery and equipment
- Purchase, construct, expand or upgrade facilities
- Mortgages on owner-occupied real property
- Performance guarantee
- Finance foreign trade or receivables
- Brownfields remediation and redevelopment
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Amount - $250,000 to $5 million |
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Term Maturity - Tailored to each transaction--up to 20 years |
PARTICIPATING LOANS - Subordinated direct loan participators with private-sector lenders enabling them to meet their borrowers' financing requirements
Use of Proceeds
- Term working capital
- Machinery and equipment
- Purchase, construct, expand or upgrade facilities
- Mortgages on owner-occupied real property
- Brownfields remediation and redevelopment
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Amount - $250,000 to $5 million |
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Term Maturity - Tailored to each transaction--up to 20 years |
LINE-OF-CREDIT TO TERM LOANS - One year line -of-credit converting to a fully amortizing term loan
Use of Proceeds:
- Revenue-producing equipment
- IT upgrades including software, hardware, installation and other security-driven, high-speed infrastructure expenditures
- Building expansion
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CDA Programs - Direct, Participating or Direct Loan |
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Amount - $250,000 to $1 million |
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Term Maturity - Determined by lender-up to 7 years |
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