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Describe Yourself (check all that apply)

Office Of Debt Mgmt

The Office of Debt Management plays an important role in the operation of state government: it oversees the borrowing of funds to assure it is completed in an efficient manner.
    

SaveNOW

SaveNOW, a program offered by the State Treasurer through our linked deposit authority, offers a 3% bonus interest on savings accounts for Ohio citizens.
    

Smart Money Choices

A free personal financial-planning conference series for all Ohioans presented by State Treasurer Josh Mandel, and supported by a variety of statewide and regional partners.
    

Top-Bottom Review 2011

Review Outlines Steps to Improve Operations, Safeguard Investments, Leverage Technology, Increase Transparency and Modernize Banking Practices
    

e-Funds Transfer

Electronic Funds Transfers makes tax payments easy. Entities that have received a notice from the Ohio Department of Taxation can register for electronic payment via the website.
    

Veteran's Preference

Veteran’s Preference provides veterans with priority to be accepted into the GrowNOW and Ag-LINK linked-deposit programs.
    

GrowNOW

A partnership between eligible banks and the Ohio Treasury, enables small business owners to receive a 3% interest rate reduction on small business loans for two years with the opportunity for renewal
    

Renew & Rebuild Ohio

Small business owners, farmers and homeowners are eligible to receive financial assistance to rebuild and recover following an emergency.
    

Ag-LINK

A program for farms to receive an interest rate reduction on new or existing loans or lines of credit up to $150,000. Applications are accepted on an annual basis from January through March.
    

CPIM

The Center for Public Investment Management (CPIM) provides continuing education to Ohio’s public funds managers and their oversight authorities.
    

CPIM Conference: Bowling

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Akron

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Dayton

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

CPIM Columbus

The CPIM (Center for Public Funds Managers) Academy allows public funds managers to increase their financial competencies in managing and safeguarding Ohio’s tax dollars.
    

ECO-Link

A partnership between the State Treasurer and participating banks that provides a 3% interest rate reduction for 5 or 7 years on bank loans when completing energy-efficient upgrades to your home.
    

Ohio Enterprise Bond Fund

Conduit Financing Programs
The Treasurer of State currently serves as issuer to the Ohio Enterprise Bond Fund program, for which no state credit is pledged.

Summary of the Ohio Enterprise Bond Fund Program
The Ohio Enterprise Bond Fund (OEBF) was created in 1988 to promote economic development, create and retain quality jobs and assist governmental operations.  The program enables non-profit and for-profit borrowers to access the national capital markets through bonds issued through OEBF.  The program is administered by the Ohio Department of Development and financing is provided by the Ohio Treasurer of State.

Authority
Ohio Constitution, Article VIII, Section 2i; Ohio Revised Code, Chapter 166

Link to the Ohio Enterprise Bond Fund
www.development.ohio.gov/bs/bs_busgrantsloans.htm

More About the Ohio Enterprise Bond Fund
How does the Ohio Enterprise Bond Fund work?
Once a borrower has been approved by the Ohio Development Services Agency (DSA), the Ohio Treasury issues OEBF bonds and the bond proceeds are lent through the DSA to the borrower. Following the bond issuance, the borrower is responsible for repaying principal and interest on the loan.

Who qualifies?
Eligible borrowers include corporations, partnerships, sole proprietorships, limited liability companies or limited liability partnerships engaged in the creation or retention of jobs in industrial, manufacturing, commerce, research and development or distribution ventures.

Eligible projects
Eligible projects include, but are not limited to:
• Purchase of land and existing buildings
• New building construction or renovation
• Purchase of machinery and equipment
• Long-term leasehold improvements
• Public improvement projects that directly benefit business development

Available funding
The OEBF may provide financing up to 90 percent of the total eligible project costs that are directly related to the fixed-asset purchase. The minimum borrowing amount is $1.5 million and the maximum amount is $10 million.

Benefits of using the OEBF
• Borrowers can utilize OEBF’s “AA+” Standard &Poor rating to achieve a low cost of funds.
• Borrowers have access to the national capital markets without providing any further credit enhancement.
• Pre-established legal documents and issuance process provides for an efficient and streamlined closing process.
• Borrowers may receive favorable loan terms tailored to their needs such as fixed interest rates, longer repayment terms and fewer financial restrictions and requirements.
 
To request more information on the Ohio Enterprise Bond Fund, please visit the Ohio Development Services Agency.





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