Financing Case Studiescoughlinco2020-07-31T01:45:49+00:00
Since 1932, Coughlin & Company has financed a wide variety of non-profit, commercial, faith-based and real estate related projects in virtually every state on both a tax-exempt and taxable basis.
St. Dominic Parish needed a new church and related facilities to accommodate growth and to replace aging facilities at this well-established and dynamic Parish.
A church organization had worked years on its capital campaign and had completed the shell of its new worship space but lacked funds to complete construction.
Two adjacent faith-based schools completed a $19,000,000 tax-exempt financing with a 15 year, 1.97% fixed interest rate (using a swap) to refinance existing debt and obtain new funds for construction of needed facilities.
To provide extra liquidity during the COVID-19 crisis, a non-profit obtained a $10,000,000 revolving line of credit with no upfront or non-use fees and a floating rate equal to LIBOR + 1.00% (with a floor of 2.00%).
A non-profit issued $25,000,000 of investment rated, taxable bonds to lower their cost of funds significantly and finance a wide variety of capital and other projects.
A quickly growing non-profit entity can issue up to $100,000,000 of fixed rate, long-term bonds to support its expansion and provide donors and supporters with a new way to help fund the mission.
A well-regarded affordable housing entity consistently needs new funds for new projects, opportunistic land purchases, renewable energy endeavors and so much more.
