MUTI’s financing partner specializes in CTL Financing ("Credit Tenant Lease Financing" or Private Placement Bond Financing) and GSA Financing (Federal Government Financing). Our partner employs a staff with over 30 years of single tenant financing experience and believes CTL Financing is the logical financing structure in the New Economy.
What sets the CTL Financing Program apart from traditional bank financing is that CTL Financing program are non-recourse loan programs, the interest rates are typically fixed for longer periods of time and loan amount flexibility. What differentiates our CTL Financing Program from typical life company financing is leverage of 100% of value, low debt coverage’s of 1.00-1.05 and no loan-to-cost restrictions.
MUTI’s financing partners national office has been located in Bannockburn, Illinois (a northern suburb of Chicago) for over 11 years, where loan placement, processing and closings are handled. Funds for the CTL Financing are generated through Private Placement Bonds sold to pension funds and insurance company bond departments by our partners bond agent, with over $5 billion and 700 CTL transactions funded.