Many employers would like to build or relocate facilities in your community, however, the lack of available financing has made it very difficult for many………until now.
A Government Lease Guarantee would enable P3 Connection to provide a solution that includes 100% of the capital required to purchase, develop or renovate a facility for an employer in your community.
How Does a Lease Guarantee
Public Private Partnership Work?
Private Partner provides 100% of the funds required to purchase, renovate or construct a facility for an Employer in your Community.
Private Partner leases the facility to the Employer (typically for 20 – 30 years).
Government Partner guarantees the lease for the Employer.
Private Partner pays the Government Partner a Monthly Lease Guarantee Fee (the Fee is negotiable but is typically 5% of the lease payments made by the Employer).
At the end of the lease term, the Government Partner or the Employer will receive 100% ownership of the facility after a $1.00 Buy-Out.
What Types of Buildings or Facilities
Qualify for this Program?
This program is available for virtually any Employer who wants to locate a business in your community and is willing to enter into a long term lease on their facility.
Minimum Transaction Size: $10M
Maximum Transaction Size: None (based on credit)
Advantages for your Community
This program provides a qualified employer with the capital required to open shop in your community while also providing a variety of incentives for your community:
Government Partner will receive a Monthly Lease Guarantee Fee
Government Partner will receive new Real Estate Tax Revenue from the Employer’s facility
Government Partner will receive new Sales Tax Revenues from the Employer and employees
Government Partner can receive 100% ownership of the facility at the end of the lease and continue to lease the facility to the Employer
Government Partner may receive new Real Estate Tax Revenues from the purchase of homes by the Employer or employees
ZERO Cost to your Community!
Your community will enjoy new and expanded business