Overview of Domestic Funding Program
NECCO Capital Group works with borrowers that seek non-traditional alternatives for financing project developments, sales/acquisitions and other related business interest.
Through an AML [anti-money laundering] and OFAC [Office of foreign asset control] based compliant network of international lenders who are partnered with A+ rated international insurance carriers, NECCO’s B and C- rated clients as well as “start-ups” who are requesting funding, become qualified. Unlike conventional bank lending, these new “liquidity bond” secured clients are funded. As a financial instrument Liquidity bonds secure funding, eliminating any risk for the lender while creating financing opportunity for the borrower. This is much different than a conventional bank’s approach.
The NECCO platform allows their clients projects to become “stabilized” staying with the present funding structure.
Non-conventional funding that shares characteristics of both debt and equity. It comprises of equity-based options (such as warrants) and lower-priority (subordinate) debt, and is used commonly in financing acquisitions and buyouts. Convertible debentures (see convertible loan) are also an example of mezzanine financing. Also called mezzanine debt.