Tribal Financial Advisors Joins Top Banks for Capital Raising

Tribal Financial Advisors Joins Top Banks for Capital Raising

Gale Courey Toensing
4/18/11

Tribal Financial Advisors has joined in a strategic association with five premier commercial banks to further enhance its capital-raising efforts for Indian tribes, the company announced April 18 in a release.

TFA is an independent boutique investment bank that specializes in capital raising and financial advisory work for Indian Tribes, according to its website. “We see the world from our tribal clients' point of view and empower them with financial solutions and business foresight to address their financing related needs in an ever-changing economic environment." The company’s team of professionals has collectively raised over $15 billion of capital for tribes since 1995.

TFA is focused on providing both bank and non-bank financing for tribes ranging from approximately $10 million to well over $100 million, the company announced. TFA has formed strategic relationships with five premier commercial banks willing to give senior level attention to opportunities the company presents. They include BBVA Compass Bank, Capital One Bank, CIT, Comerica Bank and Key Bank. Each financial institution is a leader in their field and was carefully selected by TFA based on the investors’ significant experience in providing debt capital in Indian country and their strong desire to increase their American Indian lending program, according to the release.

In addition to these institutions, TFA maintains active relationships with over 25 bank and non-bank investors, each of which regularly provides capital to Indian Country.  Most importantly, TFA’s deep network of financing sources provides Tribes with a choice, TFA President David Howard said.  TFA looks across multiple lenders to provide tribes with access to several sources to meet their specific needs.  “TFA’s capital raising business represents the continuing evolution of our platform and enables us to provide our Native American clients a broader spectrum of investment banking services.  Further, our relationships with banks and institutional lenders enable us to source efficiently priced and well-structured debt that meets the needs of Tribes,” Howard said.

TFA works with tribal clients to structure the most appropriate financing solution to achieve a tribe’s long-term goals whether they are related to gaming enterprises or other economic development opportunities, Howard said. Typical transactions include capital-raising for tribal casinos, business development opportunities, government capital projects, debt refinancing and meeting general liquidity needs. TFA focuses on debt related issues, financings and financial relationships for Indian tribes.  TFA’s experienced team brings years of investment and commercial banking expertise and is the largest banking team anywhere dedicated to Native American finance. For more information visit www.tribaladvisors.com or call Kristi Jackson, CEO & vice chair at (310) 341-2335.

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