International Financing Solutions
A Division of Sean Allen, Inc.
Ofc: 239-482-6866
Email: sallen11867@aol.com Skype: sean.allen5
www.GlobalCommercialFinancing.com
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July 2009
Maritime Financing
International Financing Solutions with our strategic funding partners can
secure financing for the marine shipping industry.
Excellent terms and fast closings.
Basic Information:
- Up to 90% LTC Financing on Ships -
Cargo, Tankers, Freighters, Cruise Ship, Barges, Ferries, Tugs, Floating Hotel, Etc.
- Minimum of $10 Million USD with no Maximum
- Combination of Debt / Equity Financing depending on the LTC requesting
- Seller can hold back a second mortgage for 10%
- Interest rates starting at 8% depending on strength of transaction & borrower
- Loan terms from 3 to 5 years or until revenue stabilization for a permanent loan
- Funding to Purchase or Refinance Maritime Vessels (New or Pre-owned)
- Multiple Ship Purchases can be combined into one loan
- Borrower must have an extensive background in the shipping industry
- Available across the Globe
- This program is for commercial, income producing maritime vessels only, personal yachts are not included in this category
Purposes of Maritime Financing program:
- Purchase of new or pre-owned vessels
- Refinance an existing loan
- New construction of Vessels
- Vessel Repair Loans
- Permanent Loan
- Expansion of Fleet
- Refurbish an existing Vessel
Initial Documents needed:
- Detailed Business Plan or Executive Summary
- Pro-forma (use of funds & projected revenues for 5 years)
- Personal Financial Statement on Borrower
- Resume on Borrower
- Copy of Purchase Contracts (if applicable)
- Summary Form completed (please request blank form)
Once the documents above have been received, they will be reviewed internally before being forwarded to one of our preferred Private Investment Banks for their review. We only work with funding sources that have a long proven track record for closing and funding loans.
Please keep in mind that loan terms may change at any time. For the most recent terms and guidelines, please either email or give us a call to receive the most recent updates.
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To learn more about the various financing programs which we offer, please visit our website
http://internationalfinancingsolutions.ning.com/profiles/blog/list
Sincerely,
Sean Allen
President