Reporting bank loans to candidate committees

While most loans are considered contributions until repaid, bank loans do not count as contributions if made in the ordinary course of business and on a basis that assures repayment. When a candidate obtains a bank loan on behalf of their campaign, the loan is considered to be from the bank and not from the candidate's personal funds. The campaign must report it accordingly. For more information on reporting bank loans to candidate committees, check out our new reporting examples on FEC.gov.