This provides 100% funding of the total project cost for global projects, based on the following criteria:
LOAN SIZE - $2 Million minimum with no maximum
CREDIT – Personal and Business Credit is a Non Factor
TERM - Payments do not start until build out is complete. Permanent Loans 20 – 30 Year Payment Options
INTEREST RATE – Based on 90 Day Libor + 3 (4.25% to 6.0%)
INTEREST RESERVES – 2 YRS (10% OF LOAN AMOUNT COVERS THE INTEREST RESERVES)
PROJECT TYPE – Worldwide Project Funding for Construction Build Outs, Green Projects, Humanitarian Projects, and Projects that stimulate the economy by Creating Jobs
REQUIREMENTS- Client(s) must put up a minimum of 1% - 10% in cash for interest reserves. These funds will be placed into a Certificate of Deposit in a Global Account
EQUITY – Projected loan to value may not exceed 90% of Appraised Value. In the event loan proceeds exceeds 90% borrower may be asked to put up a larger reserve deposit to offset the amount of deficiency
Please contact me today to get your project funded!!
