Interim Financing Program
 Borrow
short-term funds at lower than prime rate.
Does your community need access to short-term funding for capital
projects or operating budgets? The Interim Financing Program can
lend you the money in as little as 24 hours.
Take advantage of the benefits
The Interim Financing Program has grown to over $500 million by
providing communities and other institutions with short-term funding
at attractive rates and terms:
- lower interest rates than convential lending sources - prime
less approximately 1.25%
- lending terms up to five years
- repayment without penalty on
one day's notice
- transactions completed
by fax
- funding requests in excess of $10m require as little as 5 business days notice
- flexible principal payments to match
your timetable
- cash dividends from program surpluses
Who can access the program?
The Interim Financing Program is available to:
- Municipalities
- Regional Districts
- Regional Hospital Districts
- E-Comm, CREST
- Greater Vancouver Sewerage and Drainage District
- Greater Vancouver
Water District
- South Coast BC Transportation Authority (TransLink)
MFA Dividends for users of our programs >>>
Forms
Contact
For additional information on Interim Financing please contact,
Jane Morrison or Shelley Hahn.
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