TCorp offers loan facilities to NSW local councils seeking funding for projects which make up part of their annual expenditure programme. Loan facilities at competitive rates are available to councils who qualify, or have an approved plan in place to qualify, under the NSW Government’s financial sustainability benchmarks and satisfy TCorp’s credit criteria.
We offer fixed rate amortising loans for terms between 3 and 20 years with quarterly or semi-annual repayments.
Benefits of borrowing from TCorp
Competitive interest rates
The funding task of the state of NSW is centralised under TCorp, which delivers economies of scale to the NSW public sector.
TCorp loans can be tailored to meet the various borrowing needs of our clients.
TCorp’s lending team assists clients with the creation and ongoing management of their debt portfolios.
How to borrow
For local councils that satisfy TCorp’s credit criteria the process for setting up a loan is: