• Conventional financing can be used if the project is real property containing both land as well as a building. This includes short-term (generally five years) bank financing or long-term (usually 15 – 30 year terms) conventional financing.
• If the project is modular, then in addition to the above purchasing options, personal property leasing is available including operating leases, capital leases, or leases with an option to purchase. These leases would be independent of the real property financing and are typically up to terms of five years in length. Longer leases are also sometimes available.