The CDC finances a change of ownership only for eligible long-term fixed assets (goodwill or receivables financed elsewhere), with documented jobs created or retained that would otherwise be lost; a purchase of stock only where it buys the real estate or fixed assets and any excess value is de minimis and separately financed; the Applicant ending with 100% ownership and the seller leaving every officer, director, stockholder and key employee role; and a change between existing EPC owners only where the EPC holds only eligible fixed assets (de minimis related reserves excluded) and the buyers reach 100%. A Third Party Loan may consolidate existing debt on the project property only without improving the TPL's lien position (unless it was a previous Third Party Loan). For ESOP-owned Applicants it obtains, before first disbursement, documentation that the ESOP meets IRS, Treasury and DOL requirements, applies guaranties to owners outside the ESOP and uses no EPC/OC structure.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.