General Investment Guidelines
Projects that ensure preservation of the Fund's capital and provide a target rate of return over the life of the Fund.
Projects whose sponsors are experienced, financially sound and who have established performance records. Sponsors are expected to maintain a meaningful financial investment in the project throughout the course of the Fund's involvement.
Typically, the maximum loan term is limited to ten years, although amortization schedules of up to fifteen years are available as circumstances warrant.
The amount of the Fund's financial participation normally falls between $500,000 and $4,000,000.
Sponsors are encouraged to present detailed business plans early in the financing process. The Fund's early involvement will ensure that project sponsors will have realistic expectations regarding the likelihood of Fund participation and the terms thereof.
