As an MSRB/SEC-Registered Municipal Advisor, InnoVative Capital serves its clients in a fiduciary capacity. InnoVative Capital represents municipalities, local governments, hospitals, healthcare providers, nonprofits and housing authorities in the issuance of municipal bonds and note offerings.

When prospective borrowers seek access to the municipal market, InnoVative Capital’s role is to facilitate the successful execution of the financing for the benefit of its client. This requires attention to transaction details, such as: financial covenants, call provisions, security obligations, underwriter selection, rating decisions, loan terms, interest rate modes and disclosure requirements.

InnoVative Capital is an independent company with no corporate affiliations to any commercial or investment bank and does not underwrite, trade or sell securities. Our standard of care in bond offerings extends solely to our clients and not the investment community.

> Financial forecasting and credit rating analysis to properly size debt issue and capital project
> Security structuring optimization
> Borrower creditworthiness enhancement through composite funding sources
> Generate and lead the RFP process for the selection of underwriters, counsel, and trustee bank
> Ascertain the practicality of alternative financing options including, variable v. fixed rate, short term v. long term debt, credit enhancement and municipal bond ratings
> Direct the Rating Agency process

> Official statement review
> Appendix A development of offering document
> Interaction with potential investors in the pre-marketing of securities
> Evaluation of the pricing of securities and terms set by underwriters to provide market transparency
> Client representation in loan closing

> Disclosure postings
> Investor communcations
> Loan disbursement oversight
> Covenant compliance reviews

Products:

  • General Obligation Bonds
  • Tax Increment Financing
  • Limited Tax-backed Bonds
  • Special Purpose Revenue Bonds
  • Hospital Revenue Bonds
  • Non-Rated Municipal Bonds
  • Publicly and Privately Placed Debt
  • Variable and Fixed Rate Debt
  • FHA 242 Mortgage Insured Bonds
  • Multifamily Housing Bonds
  • FHA 221 (d)(3) Mortgage Insured Multifamily Bonds
  • USDA Municipal Construction Notes
  • FHA 232 Mortgage Insured Assisted Living and Skilled Nursing Bonds
  • Composite-Funding