Private Business Financing- 30-60 day closing
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Our Minimum Lending Amount is $20 Million, and we are currently only pursuing major projects to fund. We fund a variety of major industries such as real estate, energy, tech, entertainment, oil and gas, and aviation, and we have an international financing presence from the Caribbean to Hong Kong to Europe.
We require a thorough business plan, completed application, signed service agreement, and a detailed cover letter explaining the desired terms and funding amount before we are able to process a request through to one of our lenders.
We work with a team of more than 25 private lenders who have a total monthly lending capacity of up to $50 Billion, and we have the ability to fund and close a transaction in as few as 30 days from when the completed loan agreement is executed. We will traditionally issue an Offer to Fund within 24 hours, and the Borrower will have 24 hours to sign and accept the offer. Upon acceptance of the offer, the Borrower will be required to submit a copy of their Proof of Funds (POF) to demonstrate their ability to provide a sinking fund deposit for their project. Our lenders fund 90% LTV, and it is required that you have 10%, as we do not do 100% LTV. Our financing guidelines are 90/10 - we
lend 90% of the project to the Borrower and the Borrower is only required to contribute 10% of their own funds. Loan amounts totaling more than $1B have 95/5 guidelines and only require a 5% deposit. The bank will receive a Release Authorization at the time of funding, and the deposit will be applied towards 2-3 years of pre-paid interest on the loan.
Must be pursuing funding for a major project.
Debt deals primarily, but on occasion debt deals.
Submit the following paperwork/documentation for consideration:
1. Provide thorough business plan outlining the project.
2. Submit a detailed cover letter explaining desired funding amount and other desired terms for
3. Complete and sign an application and service agreement.
Client must have 10% of their own funds for the project.
After loan closes the 10% is applied towards the loan.
Borrower must make themselves available within two weeks of an offer for lender to execute
Borrower must be ready, willing and able to review the contract and execute the contract within
3 business days of receiving the contract.
Borrower must be responsive to their representative(s) if their representative(s) need any
additional documents or information from them.
******Please apply ONLY if you have current clients or you have a current project******