|
The Tag-Team Approach to Financing.
Many primary debt providers limit or prohibit the use of another lien on the property, which would require any financing to be unsecured by the property. Most lenders will not accept such conditions. Fortunately, the Equity Companies recognized this market condition several years ago and developed a special product known as Partners-N-Profits™.
Structured so only the debt provider has a lien on the property, this program provides capital for the project in conjunction with the primary financing that is unsecured by the real estate. This enables the entrepreneur to qualify for debt programs and pricing otherwise not available. While more expensive than debt because of the greater risk, it is much less expensive or intrusive than venture capital.
|
HOW EQUINET WORKS
