Credit Lease Financing enables borrowers seeking up to 100% financing for single-tenant properties that are net leased to investment grade tenants. The underlying credit and the ability for the tenant to pay rent are the underwriting criteria.
Tenants are usually investment grade with ratings published by Standard and Poor’s or Moody’s BBB- or Baa3 rated
Loan terms and amortization periods are co-terminus with lease
Underwriting based on DSCR as low as 1.01X
Non-recourse