COMMERCIAL AND PROJECT FINANCING 800-866-3140 |
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%
SELF-LIQUIDATING LOAN PROGRAM Borrower
will e-mail their full business plan, executed Letter of Intent, (LOI
- form
available upon request) on borrower’s letterhead with
signatures showing Proof of Funds to set up their escrow account for
2.2%,
their lending bank’s LOC (Letter of Commitment) and a signed &
notarized
fee agreement for 1%. All of our transactions are closed
through Sterling Bond Ltd., a Neutral Stake Escrow Co., located in NOTE:
Before
going further, please ensure that your project can comfortably pay the
interest
(only) factor on an over-borrowed ratio of approx. 2.6 times the NET
loan
required for your project. Interest may be figured at
approximately
7% to be safe. If it cannot, even if granted up to two years
moratorium on
payments for start-up projects, then your loan request will likely be
turned
down by most any bank.
If you have your own lending bank that will accept our AA rated bank collateral as a guarantee of their principal amount, then you are nearly there. After your bank reviews your business plan, and supports it for the loan, we need to know this through a signed LOI/LOC from your bank. The collateral being offered to your lending bank is an AA rated Euro bank issued 10-year Zero Coupon Bond. This bond matures in 10 years to the face amount of the “gross” loan amount, and at maturity pays off the principal of the loan for you. A Specimen copy of the Bond is available upon request. If you do not have a lending bank, we may be able to provide one for you that does this transaction. There will be additional bank introduction fees for this service. This fee can generally be included in the gross loan amount. <>
As
100 % of the needed funds are disbursed to the borrower at once, the
borrower
will often let the funds remain in the newly created project account in
the
same lending bank, at interest of course, and make draws thereon as
needed for
the project, thus offsetting some of the accruing interest on the total
loan.
Loan interest is normally fully tax-deductible in most venues.
Disclaimer: We do not solicit or promote foreign security instruments (MTN’s) and is acting herein only as a consultant to those parties properly licensed to do so, we can refer to a licensed party who offers them. Interested lenders or borrowers are advised to seek legal counsel in their normal due diligence of the banks or other parties involved in this type of transaction. |
We
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: 800-866-3140 |