(Newswire.net — June 22, 2013) Washington, D.C. — GetMunicipalFinancing.com Brings Their Municipal Finance Program to Market for Student Housing Construction Loans to Universities Throughout the U.S.
GetMunicipalFinancing.com is the premier private direct lender to municipalities throughout the United States for student housing construction loan projects through their proprietary municipal finance program. Municipal finance has commonly focused around traditional capital tack funding instruments to fund student housing construction projects, whereas GetMunicipalFinancing.com is redefining the market with their private direct loan construction financing. Universities have been experiencing tremendous growth in their student rosters, which translates to increased demand for housing for undergraduate, graduate, and faculty personnel. Traditional bond offerings are expensive, take considerable time to successfully complete, and are generally influenced by the same politics that have been failing in the U.S. for decades. Consequently, private direct lending, as a form of municipal finance, is the best alternative for all tax-exempt project financing.
One of the most compelling aspects of free market economics are efficiencies that are inherent to the overall framework of competition and incentives. Municipal finance demands the same efficiencies, which is where GetMunicipalFinancing.com is working to provide alternatives to municipal bond issuances for student housing construction loans with 100% debt financing. Traditional public municipal bonds have been the only real option for the past many decades, and, with competition, inefficiencies have been allowed to become the status quo. The market has been demanding additional solutions to municipal finance projects and it was only logical to map existing programs in Europe over to the United States, vis-à-vis, private direct lending to municipalities.
GetMunicipalFinancing.com is changing the municipal finance mentality to augment the solutions available to private rated entities, municipalities, and universities that have received a public, or shadow non-public rating from Moody’s, S&P, and/or Fitch. The underwriting framework is based on a simple set of criteria which includes the rating level of the entity, its ability to service debt, population, and a variety of other factors. The Chief of Staff at GetMunicipalFinancing.com, Usman Ahmad, told us that, “We strive to provide America’s great universities with the best student housing construction financing options available in the world.”
GetMunicipalFinancing.com is the largest private direct lender in the United States, serving municipal finance needs for a variety of borrowers, including private rated entities, localities, and places of higher learning. The municipal finance that qualifies for the direct lending programs available include student housing construction lending, airport construction lending, refinancing existing bonds, and a variety of other municipal financing scenarios that are essential projects to serve the communities in America. The loan is 100% debt financing through a proprietary and unique sale-leaseback model, for terms between 17 to 40 years in length.
GetMunicipalFinancing.com Contact Name: Usman “Sultan” Ahmad (Chief of Staff)