Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How flexible are the Fund’s lending policies?

0
10 Posted

How flexible are the Fund’s lending policies?

0

The MCCF is designed to provide a great deal of flexibility in terms of borrower eligibility, interest rates, loan terms and conditions, equity requirements, etc. The Fund’s lending focus is on business and community economic development financing activities that support new job creation and job preservation, along with expansion of the local tax base. MCCF members are encouraged to work closely with the fund manager in structuring loan packages that are responsive to their needs.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123