The biggest obstacle to improved public transportation is how to pay for it, keeping in mind that not all revenue sources are created equally. Transportation planners need to be sure they can cover costs in the future. Projects should have adequate operating expenses to keep systems running well. Transit riders who make long-term decisions about purchasing vehicles or where to live based on transit options will be particularly harmed by unexpected reductions in service or fare increases.

First Tryon has a dedicated team that understands transit and has provided financing solutions for some of the region’s largest transportation authorities. This experience and familiarity with state-specific bond laws will be to your benefit; our team can leverage the experiences of participating jurisdictions, which has a fundamental impact on the rating of your institution. We are prepared to engage the credit agencies, the investment community, and financing partners with a fluency that will serve your institution well. We have experience with transit and transportation issuers, capital planning, Federal TIFIA loans and financings, voter referendums, and other financing techniques that will likely be of interest to you as you contemplate your financing needs.