At Ziegler, we have a number of cost effective financing options that can be tailored to meet the needs of your institution:
Tax-exempt Financing. Tax-exempt bonds can be the most cost effective way to obtain long-term capital. Ziegler can assist you with whether or not your project can qualify for tax-exempt financing and we can recommend the best structure to consider.
Taxable Financing. Certain projects are not eligible for tax-exempt financing. If your project does not qualify, Ziegler can offer a number of different structures utilizing taxable bonds. Additionally, for some smaller borrowing amounts, taxable bonds can be a less expensive alternative due to the fact that issuance expenses are less for this type of structure.
Bank Qualified Bonds. As part of the Federal Stimulus Bill that was signed into law in February of 2009, qualified tax-exempt borrowers are now able to issue up to $30 million of debt per year and sell such debt directly to a bank. This type of structure may provide some level of savings and flexibility in certain instances. However, this provision is schedule to expire on December 31, 2010 unless extended by Congress. Consult with Ziegler to learn more about whether your organization can qualify.
For more information about Ziegler’s educational financing, please contact one of our experienced team members.