Lease Guarantee
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.
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:
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Government Partner will receive a Monthly Lease Guarantee Fee
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Government Partner will receive new Real Estate Tax Revenue from the Employer’s facility
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Government Partner will receive new Sales Tax Revenues from the Employer and employees
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Government Partner can receive 100% ownership of the facility at the end of the lease and continue to lease the facility to the Employer
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Government Partner may receive new Real Estate Tax Revenues from the purchase of homes by the Employer or employees
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ZERO Cost to your Community!
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Your community will enjoy new and expanded business
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)