| These bonds provide a much lower interest rate than conventional
financing thus saving non-profit institutions thousands of dollars
in interest expense.
GE is proud to have worked with a number of private higher education
providers to structure tax-exempt bonds that meet the unique
needs of the institution. Our customized financing has helped
to improve and expand the delivery of services offered by these
important members of our community.
In fact, GE’s expertise can make this financing method even
more cost effective and streamlined, further enhancing your
ability to provide the best academic environment for your student
population.
Benefits for Private Educators include:
- Competitive tax-exempt interest rates that offer substantial
interest savings over conventional loan financing.
- Private placement capabilities eliminate most third-party
fees including underwriting, placement, rating agency, counsel
and printing costs.
- Simplified loan and lease documentation that is more streamlined
and less costly than alternatives.
- Quick funding within 30 to 90 days.
- One source for both tax-exempt and taxable financing.
- Customized rate options that offer fixed or floating rate
financing, typically with no trustee or trust indenture.
- Reduced disclosure requirements and related public securities
liability.
- Over 25 years of experience in the tax-exempt market.
Examples of Solutions for Private Education Providers:
Private University: $14MM tax-exempt, fixed rate bond
Provided fixed rate, tax-exempt financing for a 20-year term,
reducing annual debt and freeing up capital for campus improvements.
Private Academy: $10.2MM tax-exempt bond
Facilitated campus renovation and expansion plans
with a fixed-rate financing solution. Private placement strategy
reduced 3rd party fees and helped the customer close quickly.
Private Women’s College: $8MM tax-exempt bond
Enabled purchase and renovation of several campus facilities
fulfilling the college’s need for a low financing rate
and an extended 25 year term. |