Corvias partner schools direct, retain, and control 100% of cash flow, allowing the school to invest in key priorities. Since debt is raised through a separate entity, it sits off the balance sheet.
The Corvias approach plans for short- and- long-term growth needs without issuing new school debt. Our alternative financial approach delivers non-recourse debt with off balance sheet treatment and likely positive credit impact.
Rating agencies tend to review a Partnership Concessionaire Model favorably based on several factors: They’re structured to eliminate financial exposure; schools maintain ownership and control of assets; deferred maintenance goes away as a risk; and schools experience better cash flow back over the life of the partnership.
Corvias maintains relationships with placement agents that have ready access to capital. They have a wealth of experience in the private placement markets. Together with our financing partners, we have secured $3.8 billion for 32 existing partnerships with our higher education and government partners.