UVCDC

UVCDCInterest Rates, Fees & Terms

UVCDCEligible Activities

UVCDCProject Profiles

UVCDCTypical Loan Structure

UVCDCTypical Investment Structure

UVCDCTax-Exempt Bonds

UVCDCApplication

Interest Rates, Fees & Terms

The interest rate and investment terms will be based upon an assessment of the risk of the project. The borrower must pay the cost of expenses incurred in processing the investment of the loan, including closing fees. Loan terms will normally be the same as that established by the conventional lender.

Loan amounts vary depending on the number of jobs created. The maximum loan amount is $250,000. The CDC loan assumes a collateral position, which usually is subordinated to that of private companion lenders, but secured through a combination of collateral and personal guarantees or by any other security satisfactory to the CDC.