How flexible are the Fund’s lending policies?
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.