Facility Financing

Build, Renovate, or Refinance your Facilities Now!
After having provided many tax-exempt real property leases to governments, Leasing 2 has developed a very unique approach to these kinds of transactions that make it much easier and faster for you to finance.
Please review the following features and call Tom Daly at our toll free number, 800-287-5155x15, if you have any questions:

1. One Loan - One Agreement
Leasing 2's real estate lease covers both the construction and permanent phase of your project. All you have to do is execute one loan agreement that is actually a permanent loan with the added ability to accommodate the construction phase. When we close the loan we deposit the funds into a "conractor payable escrow account". As the contractor completes the project, we pay him progress payments for the work performed and the materials delivered to the site.

2. Support (Optional)
Make no mistake about it, real property financing is more paper intensive and requires considerably more effort than equipment. That is why Leasing 2 utilizes the services of a well-respected real estate attorney to facilitate getting the various tasks done that are required. Our law firm is not only expert in what needs to be done but they will make all the arrangements, saving your personnel the time and effort it would take to understand what needs to be done, finding out who to contact and then contracting to do it.

It is important to understand that our law firm's function is only to facilitate getting things done in the most expert, cost effective and timely manner and not to provide legal advice to your agency or interpret federal, state and local laws as they apply to your situation - that is the job of your law firm

3. Flexible Structure
You determine what kind of loan you need. You can have any term from 2 to 20 years (25 and 30 years on some projects). You can have any payment frequency; annual, semi-annual, quarterly, or monthly. You can make any down payment you want including no down payment. You can start your payments anytime up to one year after the loan is closed. You can combine a renovation or add-on construction project on an existing building with a loan payoff of the original loan on the existing building - this can save you a lot of money if the interest rate on your original loan is higher than the interest rate on the new loan. You can simply refinance an existing loan to take advantage of today's lower interest rates.

Improve your facility now with a lease!