Orange County NC Website
WHY WOULD MUNICIPAL FINANCIAL GROUP FUND <br /> THE PROJECT WHEN NO BANKS WERE INTERESTED? <br /> • 63 - 20 financing produces non-taxable income flow <br /> more valuable to investors <br /> • MFG more familiar with project financing risk and <br /> less concerned with collateral <br /> • Bank regulatory climate discourages long-term <br /> ventures with limited security <br />