Can the PCFO charge the current rate of interest to the CFC for dollars that the PCFO lends to it for the campaign expenses?
If the PCFO obtains a commercial loan to pay for costs associated with running the campaign, the amount of a reasonable rate of interest is an allowable campaign expense, subject to the approval of the LFCC when the PCFO budget is submitted. For more information see Part 950.106.
-
Thank you for your feedback!