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| TARGET | |
| All types of businesses needing access to low-cost capital. |
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| USES | |
| Land and building acquisition, building renovation and new construction, machinery and equipment acquisition and installation, designated infrastructure, refinancing and working capital. |
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| AMOUNTS | |
| Loans of no less than $400,000; up to 100% of the total project costs. |
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| TERMS/CONDITIONS | |
| 95% to 100% of prime interest rate; weekly variable interest rate tied to market for taxable bonds; term is based upon negotiated letter of credit; borrower generally must secure letter of credit from bank. |
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