Government Short-Term Loans
With a Merchants Bank Short-Term Municipal Loan or Line of Credit, you are assured of the funds you need - whether for short-term capital improvements, seasonal expenses or other business needs.
A line of credit is a great way to help manage cash flow.
We offer a variety of terms and rates up to 12 months. Types of short term borrowings include:
- Tax Anticipation Notes (TAN)
- Revenue Anticipation Notes (RAN)
- Current Expense Notes (CEN)
- Grant Anticipation Notes (GAN)
- Bond Anticipation Notes (BAN)
For longer-term needs, we offer Government Term Loans.
Contact one of our Government Banking experts to learn how this financing solution can help your municipality.
Must meet Merchants Bank eligibility requirements.
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Questions?
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Do I need to live or work in Vermont to open an account or loan?
Do I need to live or work in Vermont to open an account or loan?
Merchants Bank opens accounts or loans for people living or working in Vermont or communities adjacent to our offices.
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Do you keep the loans in Vermont?
Do you keep the loans in Vermont?
Yes
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