Since 1996, a broad spectrum of governmental entities has worked in partnership with OSP professionals to recapitalize more than $100 million in economic development loans.* In the process, OSP has gained a deep understanding of the nuances of various federal programs (NMTC, EDA Title IX, CDBG, UDAG, SBA 504, USDA IRP, etc.) and has learned how to navigate the technical details of these programs.
OSP occupies a unique market position within the world of credit-intensive assets that translates into distinct advantages for economic development agencies.
- As a private (non-bank) company, OSP has the ability to customize solutions to meet the specific needs of economic development agencies.
- As a principal investor in credit-intensive assets, OSP is not interested in earning fee income but rather return on investment.
- OSP can design most transaction structures to avoid additional costs from accountants, rating agencies, underwriters and brokers.
- As one of the most experienced investors in credit-intensive assets in the world, OSP has developed all the tools necessary to ensure that transactions move to closure rapidly and efficiently.
OSP has emerged as the industry leader and innovator in the recapitalization of economic development portfolios.