100% Developer Financing  

This program is for any Development Project located around the World. The Funds for this program come out of 5 different Hedge Funds located in Switzerland, and due to the devaluation of the US Dollar, the funding source has a huge appetite for projects in Central & South America and the Caribbean. This particular program does require a 10% ‘Funding Reserve" provided by the borrower OR we can set up a Bridge Loan
to supply this 10%. 

The breakdown for the program is: 

• 100% Developer Financing with a minimum loan amount of $15 Million USD.
• Project types: Resorts, Hotels, Marinas, Condominium Complexes,  Residential Projects, Airports, Oil & Gas Related Developments and many others
• Funds come out of Zurich, Switzerland via a US Based Corporation which owns/manages the Hedge Funds
• Very Low Interest Rates --- LIBOR + 2% (roughly) - Based on 90 Day LIBOR
• Borrower has the option to make loan payments from day 1 OR they can defer the payments until construction is complete. Most borrowers defer the payments.
• Once Construction is complete the loan can convert to a semi-permanent loan for 5 to 20 years at the same rate as the construction period
• All financials for the project (Budget, Pro-Forma, Etc.) must have been prepared by a reliable & experienced source. Otherwise fees apply for a third party review.
• Loan requires the Borrower to have 10% of the requested loan amount be placed into a Third Party Escrow Account in Atlanta, GA. This 10% is a "Funding Reserve" to be held in case the cost of construction exceeds the loan amount. IF the borrower does NOT have the 10%, then the same lender will set up a Bridge Loan which the proceeds of which will be held in the same Third Party Escrow Account.
• IF a Bridge Loan is Required to meet the 10% "Funding Reserve", the Funding Sources will take a  20% equity position in the project for the life of the loan.
• IF the borrower has the 10% to put into escrow then the loan is a true 100% Financing with NO equity participation
• The 10% "Funding Reserve" is held in the escrow account until the final draw on the project. Upon the final draw the funds are returned to the borrower or if a bridge loan, they are returned to the funding source.
• No Presales Required on Residential Developments. If there are not at least 40% of the Properties Pre-Sold, then a Feasibility Study must be provided. The Feasibility Study must be generated by a non-biased third party who specializes in such reports.
• This Program does NOT allow for multiple projects to be funded under one loan.
• Projects located within the United States are not eligible unless they are Oil / Gas Related. Absolutely No Residential Projects on US Soil will be considered regardless of the pre-sales. 

After the documents have gone through an initial review: 

• The borrower will be provided a "Letter of Intent" (LOI) and a Consultancy Agreement by the Funding Source
• If the Terms of the deal are satisfactory, then the borrower will sign the documents AND wire $5,000.00 to the funding source for Due Diligence.
• If a Bridge Loan is Required, it is secured first. Once it has closed (usually within 15 to 30  days) then the main loan is completed.
• These loans typically close very quickly (within 45 to 60 days) 

Initial Document Needed: 

• Executive Summary
• Budget  -   Pro-Forma
• Financial Statement of the Principles
• Summary Page on the project (please request this form from us) 

The funding source makes all attempts to keep any "Up Front" fees to a minimum. Other than the initial $5,000.00 any other fees would be the result of (This is a list of possible causes of additional up front fees): 

• Needing to have a Third Party Review the Pro-Forma and Construction Budget. If these documents were completed by a reputable third party, then there will be no fee for this.
• Site visit. Rarely does this funding source make site visits, but if one is warranted, then the borrower is expected to pay for the expense in advance.
• Feasibility Studies. If a Feasibility study is needed due to the lack of Pre-sales, then this expense will be paid by the borrower in advance.

For additional details please contact:

.

Sincerely,
Sean Allen
Skype: sean.allen5
www.InternationalFinancingSolutions.com

Terms and guidelines subject to change without notice. Please contact above Broker for updated information.

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