Bond Programs

• ARRA Tax-Exempt Bond Changes
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• Mini-bonds for Manufacturers
• Tax-Exempt Bond - 501(c)(3)
• Mini-bonds - 501(c)(3)
• Bank Qualified Bonds
• Taxable Bond Program
• Recovery Zone Facility Bonds
• BOOST Loan Program

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Mini-bonds for 501(c)(3) Organizations

The 501(c)(3) mini-bond program provides organizations with cost-effective, tax-exempt financing for capital relatively small projects. Tax-exempt mini-bonds provide 501(c)(3) organizations with financing from $500,000 to $2 million.

Business Benefits of a Tax-Exempt Mini-Bond

• Tax-exempt bonds typically are the lowest-cost form of financing available
• Interest rate savings typically 1.5 percent to 2 percent compared to conventional financing
• Pre-approved standardized loan documents cash-in with lower costs and quicker turnaround
• Reduced fees service providers (bond counsel, trustee and SLCEC) reduce their fees due to small project size and pass the savings on to you

For more information, contact Rick Palank at 314.615.7667 or rpalank@slcec.com.

Mini-Bond Application
Fee Schedule - Mini-Bonds