NCSC provides flexible loan and financial service products designed to match the business needs of rural telecommunications providers. Whether it’s construction projects or working capital, NCSC is dedicated to offering competitive rates and superior service to our members.
NCSC’s term loans for telecom members can be used for construction costs, to refinance debt with other lenders, for acquisitions and for other projects that meet feasibility requirements. These loans generally have terms up to nine years.
Lines of credit are designed to assist member telcos in meeting short-term cash needs and interim financing. These loans are administratively simple, with funds made available in a short period of time with no unused facility fee required.
Letters of credit provide credit assurance to a third party for the applicant’s performance and/or payments under a contract or other obligation. The terms and conditions of letters of credit are established on a case-by-case basis to meet the needs of the applicant or beneficiary.
For more information about these opportunities, please contact your NCSC account manager at 800-346-7095.
800-346-7095
NCSCTelecomContact@nrucfc.coop
NCSC offers investment options for its members who want to put their surplus cash to work by taking advantage of several investment products. Offered to NCSC members and their affiliates through our lender, the National Rural Utilities Cooperative Finance Corporation (CFC), these opportunities are available for short- or long-term investing.
Members and affiliates can earn interest on their temporary cash surpluses of $5,000 or more by investing in CFC Commercial Paper, an investment option with maturities ranging from one day to 270 days.
CFC’s Daily Fund offers NCSC members a flexible investment account, similar to a money market account, that allows systems to invest and earn a return on short-term cash surpluses of at least $50,000 without committing to a specific maturity date.
NCSC members and affiliates can earn interest on their general funds of $100,000 or more by investing in CFC Medium-Term Notes. These senior unsecured debt securities have maturities ranging from 10 to 24 months.
Select Notes allow NCSC members to take advantage of a higher interest rate of return than other CFC short-term investment products. Terms range from 30 to 270 days with a minimum investment of $100,000.
For More Investment Setup Information
Member Center
800-424-2955