Feduccia offers a wide variety of services to help your company
At the present time, our lending partners are seeking to lend funds to Texas based manufacturing companies. There are no upfront fees, as we are compensated by the lender.
Feduccia and Company has worked with borrowers and lenders to secure over $400 million of financing for businesses in the form of non-traditional loans from non-bank lenders and loans that are guaranteed by the U.S. Small Business Administration and the United States Department of Agriculture.
Identifying, Structuring, and Closing New Markets Tax Credit Supported Projects
Having completed $350 million of NMTC supported transactions for both non-profits, for profits, and Native owned entities, Feduccia & Company is highly skilled and experienced in pulling together the various parties involved in a transaction (the tax credit investor, the allocate, the leveraged lender, and the project sponsor) to move towards a successful closing. We have also completed several transactions using the more complex Targeted Population criteria.
New Markets Tax Credit Allocation Support
In order to spur revitalization efforts in low-income communities across the United States Congress passed the “Community Renewal Tax Relief Act of 2000.” This established the New Markets Tax Credit Program which provides tax credit incentives to investors for equity investments in certified Community Development Entities.
These complex, but lucrative, federal incentives can result in nearly $1 million of free equity to the project sponsor for every $5 million of project costs. To date Feduccia & Company has obtained $230 million of allocation authority for our clients utilizing New Markets Tax Credits.
Feduccia and Company has secured over $5 million of grants from the CDFI Fund and has worked with clients to successfully obtain Community Development Financial Institution status. At the present time, the budget of the CDFI Fund has been set at a record level. Many institutions are seeking Community Development Financial Institution status, and the level of scrutiny associated with these applications has increased.