Total Annual Award
Loan sizes range from $10,000 up to $4 million
Not for profits are eliglble to apply
Funding Award Details
- Borrowers typically use proceeds for capital projects, to bridge contract or grant receivables, to even out cash flow or address short-term needs.
- Terms up to 5 years.
- Interest rate is Federal Prime Rate + 3.0% on a floating basis.
- FJC typically does not charge closing fees or legal fees. There are no prepayment penalties.
For More Information
Learn more about FJC's Agency Loan Fund here.
Last updated: 01/27/2021