Fixed-Rate Financing Off-Balance Sheet Financing Infrastructure Financing
The Dayton Port can provide municipalities a host of alternative financing programs for economic development and capital improvements. Among the benefits of working with the Port is the ability to finance projects without issuing debt. The Port is able to issue its own debt through bond financing and other means so you can reserve your debt for other projects.
Here is an overview of our key development financing programs.
The Fixed-Rate Financing Program makes it possible for smaller businesses to access the U.S. capital market and borrow money at investment grade rates. The program also benefits many larger businesses that find an investment grade rating costly and difficult to maintain.
- Financing between $1.5 million to $6 million
- Transaction capacity may exceed $20 million when combined with other financing sources
- Financing for fixed assets, such as land, buildings and equipment
- Fixed interest rates for up to 25 years
Off-Balance Sheet Financing
The Off-Balance Sheet Financing & Leasing Program is ideally suited for companies and nonprofit organizations that want to obtain a new facility but do not want the asset to appear on their balance sheet. This financing vehicle allows the port authority to own the facility and lease it to the company.
- 100% financing
- Lower costs for materials used in the construction of a building
- Choose from three types of leases: financing, operating or synthetic
The Infrastructure Financing Program makes it possible for developers, cities and other regional organizations to finance public infrastructure projects, such as streets, roads, underground utilities, sidewalks, street lights, landscaping and public parking garages. This type of financing is particularly attractive for mixed-use developments and can be financed using tax increment or special assessment as the revenue stream to pay for the public improvements.
- Elimination of equity
- 100% financing
- Lower costs on project materials
- Long-term financing