Advance Funding Program

Cashflow Assistance

About the Program

The Advance Funding Program assists local units of government with their annual cash flow needs.


The 2019 Advance Funding Program is Now Open!


We are currently accepting applications for the 2019 Advance Funding Program.  Through this program, the IBB has assisted 250 local units of government with cash flow funding since 1989.  To participate in the 2019 program, please complete the Notice of Intent to Participate Form located below.  Once your form is received, a member of the Bond Bank team will be in touch and you will receive a link to a program application.  A link to the cash flow template is also below.  Please submit your completed cash flow template to or



Notice of Intent to Participate
2019 IBB Advance Funding Cash Flow Template

Advanced Funding FAQ Webinar Recording


Still not quite sure how the program works?  Check out this short video for more information.

For additional program information, please contact Ron Mangus at 317-233-0091 or Brian Carman at 317-233-0090.

Benefits of Pooled Financing

Interim Funds Available

Access to short term funds to keep things running smoothly

Competitive Rates

Low and all-inclusive

View Rates
Detailed Application Assistance

Applications available in the Fall and Spring

No Bid Financing

Eliminates the time and hassle of finance bidding

Cash Flow Projection

Cash flow projections determine the amount you are eligible to borrow

Arbitrage Rebate Assistance

Assistance is provided in the unlikely event that an arbitrage rebate calculation is necessary

Want to learn more about the Advanced Funding Program?