Bountiful, UT (PRWEB) November 13, 2006
Providence Financial Company, Inc. is proud to announce the completion of the refinancing of Escondido Charter High School in Escondido, California. PFC acted as originator and financial advisor to the school.
The financing entailed a consolidation and refinancing of three loans and additional borrowing to finance a 30,000 square foot gymnasium and theater complex. The total of the financing was $26M, which was rated by Standard and Poor's. It achieved a fixed rate of 5.2% for a thirty year term. The payments after the new financing were almost the same as the payments were before the new debt was added due to a lower interest rate.
Providence Financial Company, Inc. is the largest independent marketplace for charter school facilities financing. They are a strong advocate for lower charter school facilities financing costs and are instrumental in getting their clients the lowest financing costs available. Charter schools that are looking for facilities financing are encouraged to call Brent Van Alfen at Providence Financial Company, Inc. Toll free 877-610-6766. Be sure to tell us that you saw this article.
"Charter schools specialize in education, we specialize in finance."
1- There are over twenty sources of facilities funding for schools in the U.S. We know which ones will be a good fit for your project.
2- Representatives of the underwriters and lenders are employed to get the best possible return for their company. They won't give you any concessions or discounts that you don't negotiate for.
3- We know when and where additional concessions or benefits may be available.
4- We negotiate very hard in our client's behalf.
5- We understand the hidden costs of facilities financing and how to eliminate or minimize many of them.
6- Legal fees can be very expensive if you don't limit them. We can help to keep them at a minimum.
7- Providence Financial has become the nation's largest independent marketer of charter school facilities financing. Whether you manage a charter school or a private school, you can take advantage of being part of that volume. With that volume, Providence can negotiate pricing and concessions that no school could achieve on its own.
8- We will usually save you more than our fee, and we do most of the work for you! Our fees are financed in the loan, so you don't pay anything out of pocket.
Would you try to represent yourself in a multimillion dollar lawsuit? Of course not! You would hire the best attorney available. The same principle applies to multimillion-dollar financings. Hire the best consultant available. With over 30 years' experience, you will not find anyone more capable of assisting you with your financing needs.
Visit http://www.providencefinancialco.com for more information, or cal Brent Van Alfen at Providence Financial Company, Inc. Toll free 877-610-6766. Be sure to tell us that you saw this article.