1], the manufacturer considers secondary financing
for production; for [Q.
Although most people believe secondary financing
is easily obtained in today's market, the developer must have real experience, like Cape Advisors, and the project must be well conceived and properly designed.
With a variety of Arbor products to choose from, we were able to provide the client with long term, fixed rate, non-recourse financing that allows for secondary financing
in the future.
The loan documents also allow the borrower to come back for secondary financing
back up to 75% at any time during the 20-year loan term.
Fortunately, rehabilitation tax credits can be converted into equity dollars serving as a practical secondary financing
For qualified rehab conversions, federal rehabilitation tax credits can serve as a viable secondary financing
source for the transformation of old commercial buildings into high-tech communications centers.
Meridian also negotiated the right for secondary financing
during the term of the loan.
The borrower has the option of placing secondary financing
on the premises.