MRWA Micro Loan Financing Program
Finance Your Next
Small Project With MRWA's Micro Loan Program.
Let MRWA help you finance your project.
Request a FREE Quote Now!
The objective of Minnesota Rural Water Association's
Micro Loan Program is to help members finance small projects at the
possible cost. For more information call Ruth Hubbard, Administrator
at 800-367-6792 or David Drown Associates at 612-920-3320.
Drown Associates is the financial advisor and servicer for the
Bond Counsel Services |
Agreement & Engagement Letter |
from $30,000 to $250,000 repaid in seven years or less;
Loans structured as single G.O.
Tax-exempt, bank qualified, and
all loans placed with one bank;
Loans with terms of two years or
less can be prepaid at any time at par; and
Loans with terms over two year
must pay a call premium of 0.5% if prepaid in the first two years;
Benefits for Borrowers:
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