Cooperative Interest Buydown Program
The Main Street Orion Cooperative Interest Buydown Program (CIBP) is available to assist qualified Orion area businesses and property owners in improving their commercial property. The buydown* varies from 1.50% to 3.00% depending on the location of the project.
| Maximum Program Amount |
|
$25,000 (ask for additional details)
|
| CIBP Contact Information |
| Contact: |
Candice Schultz |
Matthew Bollinger |
| Title: |
Director - Main Street Orion |
President & CEO - BankORION |
| Phone: |
309.526.8299 |
309.526.8011 |
*Reduces the effective interest rate to qualified borrowers.
The CIBP is made possible through the cooperation of:
- Main Street Orion
- Village of Orion
- BankORION