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Services for Corporations     Correctional Facility Financing/Re-Financing The financing structure and cost is a very critical component in the overall  success of  a correctional facility project. Several factors must be examined and answered in developing the most suitable financing plan. An inappropriate structure of excessive financing rates can have a devastating affect on a project’s success and cash flow.   Ø     CFCS provides its clients with experienced independent advice on all aspects of a facility’s financing. From the most suitable type of financing to the specific terms associated with a transaction, this crucial function can be the determining factor as to whether a project is economically viable and provides its clients with their required returns.   Ø     CFCS will work with underwriters and other professionals involved in the process representing its client’s interests throughout the transaction process. CFCS’s expertise allows it to negotiate the most beneficial terms for its clients and greatly increasing the likelihood of a timely and successful transaction.                                                                                                  Ø     CFCS can also assist a firm in the evaluation of re-financing opportunities. Often the re-financing of facility debt can greatly improve the cash flow generated by the facility. CFCS can assist in the examination of re-financing alternatives and the creation of a re-financing plan. In addition, CFCS can assist its client in presenting it's case for re-financing to the appropriate local government agencies.   Correctional Facility and Operating Contract Acquisition/Sale   The acquisition or sale of a correctional facility is a multi-step process. Several issues need to be addressed and will vary depending on whether the sale/acquisition involves a governmental entity or is between two private firms.   Ø      CFCS’s expertise and knowledge of the marketplace can greatly enhance a firm’s efforts to identify buyers and sell one or a group of correctional facilities/management contracts. Additionally, CFCS can assist a firm who seeks to purchase correctional facilities/management contracts. Regardless of which side of a transaction its client is on, CFCS can assist its clients in the development of the most suitable strategy for it to reach its goals.      Ø      CFCS’s experience allows it to assist the seller/buyer in understanding and analyzing the true economic value of the facility. Factors such as operating contract length, user mix and contract terms, and the potential for financing or re-financing all will have an impact on the facility’s true market valuation. A proper valuation is critical in increasing the chances of a successful transaction.   Ø      Once a range of value is assigned and a buyer/seller identified, CFCS can directly handle or advise its clients through the negotiation of price and contract terms. CFCS’s years of experience in buying and selling correctional facilities/management contracts will prove to be a valuable resource to its clients throughout the process to closing.