The ValuLoan Program is cost-effective and specifically designed for tax-exempt loans of less than $5 million. It involves a partnership between the borrower, a lending bank, and the Council. The bonds are sold to the borrower's local commercial bank or one of the Council's participating lending institutions as a tax-exempt private placement issue. To minimize fees, the Program utilizes standardized documents to facilitate document preparation and review. Sample documents and a ValuLoan Application can be obtained in the Financing Documents section of our website.