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| Home |
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| Product Overview |
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| Contact Us |
| Total Capital Solutions |
| 28 Iowa Street |
| Oak Park, Illinois 60302 |
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| Tel: 708.660.0494 |
| Fax: 708.660.9686 |
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| E-mail: Click Here |
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| Industrial Revenue Bonds |
- Tax-exempt Financing
- For Middle Market Manufacturers
- Maximum Bond Size is $10MM
- Capital Expenditures cannot exceed $20MM in any one municipality over a six year period
- Can be used to finance new or existing facility (rehab required) and equipment
- Examples: printers, ice cream makers, production facilities
- Traditionally rates are 2% below conventional financing (on average)
- Average variable rate for 2008: 2.49%
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| 501(c)(3) Not-for-profit Bonds |
- Tax-exempt Financing
- Any not-for-profit with a 501(c)(3) designation with a capital project
- Can potentially refinance existing debt
- Examples: YMCA, Goodwill, faith-based schools, Organizations for the Developmentally or Physically Disabled
- Traditionally rates are 2% below conventional financing (on average)
- Average variable rate for 2008: 2.38%
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| Taxable Bonds |
- Libor-based pricing
- Can be used for any Corporate purpose, including refunding of existing debt
- Funds can be borrowed all at once or staged over time to facilitate borrower’s financing needs with one set of documents
- Allows client to take advantage of short-term money market libor rates
- Average variable rate for 2008: 3.46%
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