SLCEC Home Page > Services > Business Finance > Loans and Bonds > Bond Programs > Mini-bonds for Manufacturers
Mini-bonds for Manufacturers
The manufacturing mini-bond program provides manufacturers with cost-effective, tax-exempt financing for capital relatively small projects. The tax-exempt mini-bonds also offers manufacturers 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 smaller project size and pass the savings on to you
For more information, contact Rick Palank at 314.615.7667 or rpalank@slcec.com.
Mini-Bonds Application
Fee Schedule - Mini-Bonds
