Secondary Market Taxable Bond Program
This program provides long-term bond financing on loans of for real estate and machinery and equipment acquisitions.
Any commercially viable borrower proposing to finance the acquisition or expansion of commercial or industrial assets.
Loan Amount / Exposure
Up to 90% of the project debt. FAME exposure to any one relationship may not exceed $4,750,000.
Pricing is determined by market conditions at the time of bond sale.
Determined by the useful life of the assets being financed
First security interest in the assets being financed. FAME may require additional collateral or guarantees.
Borrowers considering applying should contact FAME for advice on program requirements and applicability to the project..