International Financing Solutions has secured a partnership with an Investment Group to supply 100% Developer Financing on projects in Russia needing a minimum of $100 million in funding. These projects must be either "Green" or "Humanitarian" in nature and can be virtually anywhere in the world.
Here are the guidelines / particulars about the financing program:
$100 Million USD Minimum Loan Amount, No Maximum
Must be "Green" or "Humanitarian" in nature
Construction period for three years with seven more years to pay back the loan.
No Pre-payment penalties if paid back early
No payments for the first 24 months (payments are deferred until the 25th month)
Interest Rate is roughly LIBOR + (200 to 400 basis points)
Closing time is roughly 90 to 120 days
Closing costs included in loan (except for legal fees)
Loan Closing happens in country of origin
Loans available ANYWHERE in the World (except for Iran, Cuba, & North Korea)
Lender charges an Up front fee of $5,000 USD upon acceptance of LOI
No Commitment Fees
Loan can cover multiple projects under a single funding
Projects can be located on multiple parcels of land
Lender does not make Site Visits (saves borrower money)
Lender does not ask for Appraisals
Financial on Principle Partners are requested but seldom used in qualifying.
Subject Property can be selected and purchased AFTER the loan funds
Loan will finance 100% of the land acquisition
A short list of the project types which can be financed:
Resorts * Wind Power Plants
Hotels * Hydro Electric Power Plants
Condo Hotels * Tidal Power Plants
Residential Developments * Fuel Terminals
Condominium Complexes * Urbanizations for Cities/ Towns
Multi-Family projects * Schools, Universities
Office Building * Marinas
Virtually any type of project imaginable EXCEPT for Casinos
All of the above terms seem outstanding to most people, but you need to be aware that what the Underwriters look at the closest is:
The Exit Strategy
A 10 year Pro-Forma on the project
The Management Team must be extremely strong and experienced
If a residential development, there must be presales or an extremely strong Business Plan
The Underwriters do an extensive investigation on the Principles and companies involved in the development / management. If you have a shady background, do not come to us for financing. The investigation will take 45 to 60 days.
What do we need to review your file for possible financing?
A detailed Business Plan
A 10 year Pro-Forma
This is an outstanding program which is financed through an Investment Group that has been in existence for many years.
If you have a project or multiple projects that need funding, please contact us and we can discuss them. We can also provide an outline of what the business plan & pro-forma should look like and how to structure them for the best results.
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