Financing Secured by Largo through CTL Lender
Credit Tenant Lease, or CTL, 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.
- Single credit tenant properties
- Term/amortization coincides with remaining lease term
- Non-recourse
- No carve-outs
- Full leverage subject to DSCR as low as 1.01X
- Cash out upfront
- Privately placed bonds