Credit Tenant Lease

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