A national leader in charter school facility financing
Charter schools, from start-ups to stabilized operators, are able to issue tax-exempt bonds with no up front, out of pocket costs. These proceeds can finance their facility needs including: building acquisition or refinancing, construction or renovation, land acquisition, furniture, fixtures and equipment and athletic facilities.
What are tax-exempt bonds?
Tax-exempt bonds are governmental purpose bonds and qualified private activity bonds. They are designed to allow certain entities to raise capital (long-term debt) at attractive interest rates.
Are tax-exempt bonds a new financing option?
Public bodies have been issuing bonds for over 100 years. Additionally, Private sector, non-profit entities have been using tax-exempt financing for decades. The non-profit must be a 501 (c}(3} organization.
Characteristics of a typical charter school bond financing