Current Interest Rates
Current General Obligation Loan Interest Rates (eff. 10/23/2024)
2 Years
| 5.50%
|
3 - 5 Years
| 5.50%
|
6 - 10 Years
| 5.75%
|
11 - 20 Years
| 6.00% |
NOTE for Loan Applications over 5 Million - Loan application requests over 5 million dollars will require pre-approval by the BCPL Investment Committee. Contact Richard Sneider at (608) 261-8001 (office), (608) 572-1611 (cell) or email richard.sneider@wi.gov for pre-approval details.
Revenue Loan Interest Rates - Revenue loans have more risk than general obligation loans, so revenue loan interest rates will always be higher than the general obligation rates shown above. The interest rate offered by BCPL on any revenue loan will be based on an analysis of the risks specific to each individual transaction. Revenue loans require additional information and documentation designed to allow BCPL staff to analyze those risks prior to loan application. Please see the Revenue Loan Worksheet/Application Request for a list of required information.
Still have questions? Contact Richard Sneider at (608) 261-8001 (office), (608) 572-1611 (cell) or email richard.sneider@wi.gov .