Benefits and Fees

Benefits

  • Up to 87.5 percent financing
  • Longer term maturities - up to 25 years
  • Fixed or floating rates
  • Attractive interest rates

 

Application Fee

  • $5,000
  • Credited against investigation fee

 

Investigation Fee

  • 1/2% of first $10,000,000
  • 1/8% of amount in excess of $10,000,000

 

Guarantee Fee

  • 1/2% to 1% of average amount of outstanding obligations
  • Fee determined based upon borrower's financial condition
  • Present value of cumulative annual fees due at initial closing
  • Fee can be financed

 

Ship Operations Cooperative Program
Maritime Research & Development
Inland Container on Barge
Intermodal Access to U.S. Ports and Marine Terminals