Commercial & Project Financing, LLC
800-866-3140
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Commercial & Project Financing, LLC 800-866-3140 |
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LOAN PROGRAM DETAILS: 100% Financing Details More Information Projects We Fund 100% Financing Utilizing Escrow Self Liquidating/ Arbitrage Loans Other Unique Lending Programs Commercial Loan Terms Glossary |
100% Worldwide Commercial
Project Financing Utilizing An Escrow Account With Staged Monthly Payouts _______________________________________________________ ___________ Commercial
&
Project Financing LLC, a full service
national & international finance brokerage company, now offers 100%
worldwide commercial project funding utilizing an escrow account
structure with
staged monthly payouts.
HIGHLIGHTS OF THIS BRAND NEW PROGRAM INCLUDE: *Minimum loan amount - $10 Million with multi-borrower pooling accepted. No maximum. $200M limit per project phase. *Interest rate/term length - 5% to 7%
fixed rate. 25
year amortization with a 3-10 yr. balloon.
*Loan types - Real Estate, Equipment,
Lines of
Credit, Debt or Debt/Equity
Combinations,
Joint Ventures, Development Projects, Lease
Purchase
Options, and many<>other types of loans.
*Fees - Lender Fee is 2%. Plus
Brokerage fees
*
Escrow
Deposit
-
A minimum of $1M or
10% of the
total requested loan amount. The escrow account is set-up by the lender
in the
lender's name, with an irrevocable assignment to the depositor
(borrower or a
third party sponsor/investor). The escrow account must be held for a
minimum of
1 yr. These funds will be held by either U.S. Bank Corp. or Wachovia
Bank and
will earn 7% interest after 45 days, paid by the lender, not U.S. Bank
Corp. or
Wachovia Bank.
In the event the borrower, or his third party sponsor-depositor, lacks the funds for the escrow deposit of 10%, we have a semi-hard money lender who will make the borrower/sponsor a loan against any free and clear assets (real estate only), even in foreign countries. *Security - 1st lien position on all
assets procured through funding
*Pre-pay penalty - None *C losing time - 90 days after creation of
the escrow
account. 12 month staged payout period. Schedule for staged monthly
payouts are
as mutually agreed and structured by the underwriter for the client:
*After
12 months, the entire loan
payout is completed.
*NO UPFRONT FEES REQUIRED - An application fee of $2,000, non-refundable, is due only upon submission of the formal loan application made by the borrower. No money is paid upfront nor is the application fee passed on until absolute acceptance of the business plan is made by the lender and processing of the loan is then ready to commence. * Documents Required - An executive summary, accompanied by a client registration form and proof of available funds (available by request from Commercial & Project Financing LLC), will be the first submission documents for review by the lender. |
Commercial
and Project Financing can fund projects of all types in all 50 states and nearly every country. _______ Is your project $3 Million or under? If so, click here. _______ Is your project over $3 Million? If so, click here. _______ Or.... Tell us about your project |
| Contact
us: Commercial & Project Financing, LLC 800-866-3140 |