Take Out Financing
October 14, 2015 4:12 pm Comments Off on Take Out FinancingCapital Underwriters Fund acts as a credit enhancer by signing third party debt as a co-guarantor or by providing collateral in the form of a letter of credit thereby enhancing the opportunities to obtain institutional quality take-out financing at preferred interest rates not available to a partnership emerging from chapter 11 without a high net worth credit-worthy sponsor.
In addition to the credit enhancement for take out financing, Capital Underwriters Fund is a source of take-out financing as a direct lender at rates below those of typical private money lenders.
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