NSMFC offers short-term loans to clients who have completed their capital projects and are awaiting participation in the next debenture issue. Like our long-term financing, the short-term loan program is built on maintaining the lowest possible cost to municipalities by offering competitive interest rates.
Date of completion of project to next NSMFC debenture
90-day Bankers’ Acceptance plus 50 basis points calculated using CDOR
Click the following link to open the Short Term Loan Template. pdf Short Term Loan Letter (83 KB)