Transforming Project Finance
The Sencap name comes from our strong desire to become a trusted provider of capital for seniors housing – a core sector of focus for Sencap. This desire led Sencap to combine elements of our Debt Solutions and Equity Solutions offerings, to develop a sector specific financing program targeted towards the development, acquisition and refinancing of Canadian long-term care facilities.
Sencap understands the intricacies of developing long-term care projects, from:
Our understanding of these elements helps bridge the gap between borrower and lender, to achieve successful financing results.
Sencap’s funding structures can offer more flexibility than conventional bank funding solutions, and can be provided under the following terms:
Senior Construction/Take-Out, Equity, Pre-Construction Bridge Financing
$2 mln to $90 mln+
Terms of 1 to 3 years for bridge financing, to Construction plus 30 years
Up to 35 years
90 to 95% of total project costs
Floating or Fixed-rate
Interest only during pre-construction/construction with partial or full amortization during operations
