Offer your customers longer terms and competitive interest rates to purchase or grow their business with the following programs.
Manufacturing Revenue Bond Program
Use this program to finance manufacturers who assemble, fabricate, or process a product for resale. The bonds are either privately placed with a bank/investor, or they are backed by a letter of credit.
Finance
New construction, expansion of an existing facility, or equipment acquisition. Soft costs may be included in the financing.
Benefits
- Below-market interest rates
- Loan terms of up to 30 years
- Soft costs may be included in financing
- Streamlined application process
- Projects up to $10 million
Nonprofit Bond Program
This program can be used to finance real estate for established 501(c)3 nonprofits.
Benefits
- Below-market interest rates
- Loan terms of up to 30 years
- Soft costs may be included in financing
- Streamlined application process
CHFA’s programs for manufacturing companies are limited by the availability of private activity bond cap. The applicant and the project must meet basic tax eligibility requirements to qualify.