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We offer State project financing solutions that can be utilized by
any state government agency. Our financing program is an
alternative to the issuance of state bonds. It can be used to
finance just about any state construction project such as office buildings,
correctional facilities, parks, public transportation, hospitals, health care facilities,
power generation projects, public
works projects, universities and colleges, tourism related
developments, etc. For loans greater than 5 million, payment
terms can range from 20 to 30 years. If desired, NNN or bonded
leases can be employed. We provide state and federal financing
nationwide in the United States and in many European countries. All
payment arrangements must be conducted in dollars or euros.
The state government bond rating is used to qualify the debt.
Your Standard & Poor's or Moody's credit rating must be BBB or better. The project developer typically receives a
fee in addition to the P
& I.
The state government agency needs to agree to
pay off the debt with an irrevocable payment stream over the term of
the debt.
If
you have a project you would like us to review, click on the
"State Financing Details"
link and provide us with some general information about your
project and your financial requirements.
Benefits to the state government include:
Our state financing solution can be implemented quickly. The
state government simply must agree to
make payments for the term of the financing.
Our state financing program uses credit rating for
loan approval. We do not use bonding capacity.
Project
size is not limited by bonding capacity.
This frees up the governmental agency to utilize
their bonding
capacity for other projects.
With our
state financing
solution, payments
are made from the governments operating budget versus a capital
budget outlay.
Large fees are typically associated with bond
issuance. We offer a more timely and financially competitive financing solution to
bond issuance.
With
our
State financing program, the government does not have to spend
any front money for
architects, engineers, consultants, etc.
All project costs can be
included in the payment.
The project
money is placed in an escrow account.
This allows the government to step in and bring in a new
contractor if something happens to the current developer.
There is no need to pledge additional
revenue streams with our State financing program.
Bond issuance
requirements often
include designated revenue streams.
State project
financing solutions for United States and Europe
Tell Us About Your Project
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State
Project Financing
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