Capital Markets Access Company (C-MAC) has created a $500 Million Dollar Bond Pool that allows owner occupied businesses to borrow as little as $3 Million Dollars at rates and relative costs generally reserved for those borrowing more than $50 Million Dollars. C-MAC clients most often enjoy rates of less than 1% over 30 day Libor (about half the normal interest rate spread).
Borrowers do not have to meet any special qualifications such as those attached to tax exempt issues and borrowers may use interest rate swaps of up to 20 years to fix.
In addition to the direct benefit of the bond pool alternative, borrowers may also realize substantially lower rates on conventional alternatives by leveraging the bond pool to achieve such rates.
