CSFA s fee is determined in advance through a resolution of the governing board. Through years of dealing within the public finance marketplace. The principals of CSFA have been working with Charter Schools for a combined financing experience longer than any other two individuals in the United States. The lenders and underwriters of debt are equally national in scope as the demand for tax exempt income is nationwide. There must be the expectation that test results will be appreciably higher than comparable norms.
Financing comes through a variety of tax-exempt and taxable investment vehicles.
The interest component of the payment qualifies for exemption from federal income tax. The costs of financing at a given time in the capital markets may dictate that it is cheaper to go with a commercial transaction rather than a tax-exempt transaction. This is especially true of short term equipment financing. CSFA is not a lender. This proposal is then discussed with qualified lenders or underwriters who have expressed interest in the general categories of finance.