Advantages
Clients face a plethora of decisions and obstacles in planning and financing future and current real estate,
economic development and public work project needs. Most capital expenditure
decisions by clients are,
in reality, financial decisions. Once a client concludes it needs a particular asset in order to operate effectively
and meet their needs, the project decision has been made. The next
decision is strictly financial.
The Thoroughbred process of deploying capital is more than just a cost-effective
alternative to investing in
commercial real estate. It is a capital management tool that allows corporations and municipalities to use and
control essential real estate assets without employing prohibitive amounts of debt and equity capital in an illiquid,
poorly perceived asset class. We remove the obstacles by:
Eliminating the need for debt/bond financing
Removing the requirement for equity and out of pocket upfront investment;
Bypassing the need for time consuming referendum votes
Making capital available in as little as 60-90 days from application and
approval
Removing limitations of the amount of financing from bonding capacity limits
Eliminating concerns related to long term finance costs and interest rate
fluctuations
Unlock capital trapped in under-performing real estate that is otherwise
illiquid
Thoroughbred assumes the financial liability of the project costs and the client
retains freedom and full control over the
property or asset just as they would in ownership. The only requirement and obligation of the client is a lease for real
estate assets or an annual contract service payment for non-real estate assets. These payments are considered part of the
client's operating budget instead of long term liability/debt.