"WHEN IT COMES TO PROJECT FUNDING WE UNDERSTAND TIME IS MONEY"
FUNDING PROGRAMS TERMS & PARAMETERS
TYPES OF PROJECTS FUNDED:
Financial Sources Inc. funds Hotels, Motels, Apartment Buildings, Office Buildings, Warehouses, Shopping Centers, Industrial/Production Facilities, Automobile Dealerships, Owner Occupied Buildings, Medical Facilities, Business Acquisitions and Refinancing, Industrial, Manufacturing, Technology, Energy, and Motion Pictures.
(Other type projects may be considered upon request)
MINIMUM FUNDING $10 MILLION.
NO REASONABLE MAXIMUM.
GENERAL FUNDING TERMS FOR PROJECT FUNDING WORLDWIDE
(Latest revised data 07/09/2016)
This funding program is asset and cash flow based financing wherein we syndicate and manage the risk. With capital risk properly structured and securitized we cash flow the deal with major financial institutions. This program is unique in the market place. It reduces the risk of debt service default to nearly zero. Minimum funding amount is $10,000,000; no reasonable maximum. .
The client is required to provide equity participation to securitize a portion of the funding. This is usually about 20% of the
gross funding amount, as a Standby Letter of Credit (SBLC) in the event of default. No leased instruments.
Interest is standard bank rates (usually U.S Prime Rate plus, not to exceed 4% over prime) The project funding package can include pre-paid interest to cover debt service based on project requirements.
Primary 100% LTC funding is non-recourse, and based solely on project merits (assets and cash flow or pro forma cash flow).
THE COSTS OF SYNDICATING THE FINANCING ARE BORN BY CLIENT. ASK ABOUT OUR AFFILIATE PROGRAMS TO HELP OFFSET THESE COSTS.
Financial Sources Incorporated - www.FinancialSourcesInc.com - Copyright 2014 - All Rights Reserved.