Loan Program Home Page
Since 1871, BCPL has invested in loans to municipalities and school districts for public purpose projects including economic development, local infrastructure, capital equipment and vehicles, building repairs and improvements, and refinancing existing liabilities to reduce future borrowing costs.
Today BCPL is among the largest public investors in economic development projects and local infrastructure projects within the State of Wisconsin. Over the past 10 years, we have invested over $1 billion in communities throughout Wisconsin.
Click
here to find photos of a few projects financed by BCPL.
BCPL Loan Disbursements by Purpose
Fiscal Years 2014 - 2023*
Economic Development
| $210,078,710.81
| 20.93%
|
Buildings and Infrastructure
| $451,212,852.52
| 44.96%
|
Capital Equipment and Vehicles
| $90,710,709.52
| 9.04%
|
Refinance Debt
| $198,944,977.74
| 19.82%
|
Refinance Pension Liability
| $40,662,020.23
| 4.05%
|
Operations
| $11,933,468.38
| 1.19%
|
TOTAL
| $1,003,542,739.20
| |
*(July 1, 2014 - June 30, 2023)
BCPL offers fixed rate loans with interest rates that are competitive with the bond market and other financial institutions. Our application process is extremely simple and borrowers pay no application fees, prepayment penalties, or any other fees. Of course, the best part of the loan program is that interest earned is distributed annually to fund public school library materials throughout Wisconsin.
Still have questions? Contact Richard Sneider at
(608) 261-8001 (office),
(608) 572-1611 (cell) or
richard.sneider@wi.gov.