PROPRIETARY LEASE STRUCTURE FOR PROJECT FUNDING
100% of Project Costs
$100 Million Minimum with Tranches of $10 to $600 Million
Proprietary Lease Benefits
100% funding for the project
Financing costs typically lower than loans, equity or tax credit investment
Lease payments are generally lower than other financial instruments
Allows significant discounted price of product
Leasing company is bought out at the end of the lease for $1.00
Lessee receives all tax credits, unless lessee is a government
Guarantor is obligated only for lease payments
Who is Eligible for the Proprietary Lease?
Companies
BBB or better credit rating,
or…
$150 million consistent annual income
Governments
A- or better credit rating
City population 50,000 minimum
County population 100,000 minimum
Lease Terms:
10-20 years lease term
Lease Payment on a 20 year lease is typically calculated at an interest rate of approximately 4 to 7%, depending on creditworthiness
At the end of the lease, Lessee buys out leasing company for $1.00.
