Awesome new financing program platforms available for Developers and Builders:
100% DEVELOPMENT FINANCING (GOLD PLUS PROGRAM)
CAN FUND 100% OF THE LOAN UP FRONT AND PLACED IN AN ESCROW ACCOUNT IN AS LITTLE AS 30 DAYS.
THE LTV IS NO MORE THAN 70% OF THE COMPLETED APPRAISAL VALUE
THE ONLY CLOSING COST IS 10% CASH OF THE TOTAL LOAN AMOUNT TO BE PAID AT FUNDING (10% cash down will be used to secure the loan with insurance policies from AAA rated insurance carriers).
THE LOAN IS A NON-RECOURSE LOAN
WE DO ALL PROPERTY TYPES WORLD WIDE
RATES ARE FROM 1%-3.75% OVER THE TRUE PRIME
100% JOINT VENTURE PROJECT FINANCING PLATFORM
(PLATINUM PLUS PROGRAM)
NO INTEREST, NO DEBT ACCRUED, NO PAYMENTS, AND NO PAY BACK.
THIS IS 100% FUNDING WITH JOINT VENTURE TAKING 30-50% OF THE EQUITY.
AFTER APPROVAL THERE IS A $80,000 FEE (this is to cover Due Diligence, Audit Company and etc.).
THERE IS NO UPFRONT COST PRIOR TO APPROVAL
IF FOR SOME UNFORSEEN REASON THE APPORVAL IS REVOKED THE FEE IS REFUNDABLE.
FUNDING WILL TAKE PLACE IS 60 DAYS
DRAW SCHEDULE OF FUNDS TAKING PLACE EVERY 60 DAYS (if construction needs a shorter time frame, draw amounts can be increased or structured for a project).
NOTE: This is project based not buyer/borrower based; there is no need to show large amounts of assets or liquidities. It is straight forward and simple (if the project makes sense it will work).
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