As we close in on the second quarter, we have seen not only a rise in interest rates, but a rise in the tax-exempt multiplier due to a reduction in the corporate tax rate for banks. Its interesting to think that a bank is actually receiving a large discount on their taxes but increasing their interest rates for their non-profit clients. There are many approaches we advise our clients to take in this unique environment. Bottom line is that we work in the best interest of our clients. We want our clients to get the best interest rates possible. If your non profit has seen an increase in interest rate on your tax-exempt loan, I strongly suggest a brief phone call with Western Solutions Inc. Advisors. We can help guide you through your options for your unique financial situation and show you what other non-profits have done in this complex environment. Time is of the essence!  The Fed is set to raise interest rates three times in 2018.