If you need a funding source for a Project Please and contact me ASAP.
The program with $10 million minimum is a loan that they will finance 100%, the program where it is a minimum $150 million, that is a JV program where the JV partner will take 30% equity in the project but there is no loan and no debt payback, no interest accrued.
ok, so lets say its a 155 million dollar project for a hotel then what do we do.
well I would need the following in 1 pdf file:
-Pro Forma Statement
-Executive Summary
-Detailed Resume Of All Principals
-Detailed Use Of Funds
-All Debt Service Removed And A 5% Funding Fee Added To The Financial Statements
Then I can submit it to the funding company and if they approve it we can set up a conference call between the principals and the funding company.
The 10 Million dollar program is the same same thing on the $10 million except you don't take the debt service out and you don't add the 5% funding fee because there will be debt service on that since it is a loan.
The program with the loan and a minimum of $10 will take anything, the $150 million can't do casinos or commodity backed projects like anything that has to do with mining or refining or anything that has to do with fuel.
Try to be direct to the people funding the project if at all possible, I don't want anything that has a big daisy chain attached to it and it would be better if you have a fee agreement in place with the principal of the project.
Pierre Turner, President of Finesse Funding
Phone 315-350-3463
Fax 773-364-9039
E-mail- finessefunding@yahoo.com
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