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Advantages for Borrowers
- Terms up to 10 years and 25 year amortization
- Quick analysis and response
- Consistent approach to debt market
- Large hold limit with no syndication
- Long term fixed rate eliminates / reduces floating interest rate exposure
- True term debt – not demand with term repayment features
- Cost-effective
- no review / renewal / waiver fees and associated legal costs
- no swap costs
- no warrants or equity incentives
- no syndication costs
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