Fixed-Rate Bond Funding
The SCPA Fixed-Rate Bond Fund offers long-term, fixed-interest-rate financing for qualified industrial, commercial and public projects.
Eligible Projects in Summit County and Northeast Ohio
- Renovation and acquisition of existing structures
- New construction
- Land acquisition
- Non-specialized equipment
- Soft costs
Benefits of SCPA Financing
- Interest rate for 20 to 30 years based on bond rate at time of sale
- Investment-grade credit rating of BBB+ by Fitch IBCA
- Financing for small- and medium-sized companies, non-profits
- Up to 100% financing
- Possible additional funding from SCPA’s public & private partners
- Sales tax exemption on construction and building materials
- Closing within 60 to 90 days
SCPA tailors its fixed-rate financing to the needs of each project. Additional financing services include:
For our fixed-rate bond fund financing, we work with RW Baird.