DEBT AND EQUITY PROGRAM FOR LARGE PROJECTS
$5M to $500M+ Project Funding; USA and International
One of our CFI Contact Lender/Investor Underwriting Group sources for private money (for debt and equity, if needed)has the following probable terms available below.
They are a premier provider of out of the box creative financial solutions and they bring an extensive network of lending and investment sources to the marketplace. After we process the documentation file and do the business analysis, we then send the file to them and they do the front-end underwriting, risk analysis, Due Diligence, and packaging work for a number of private money sources.
Here is a general estimate of terms, but it will depend on the overall risk analysis and Due Diligence associated with the specific project.
- Loan Amount $: to be determined, based on project specifics and equity contributed by Client
- Capital Structure: Debt/Equity Combination-our underwriting group source can potentially provide up to 80% Senior Debt and up to 20% Equity (if needed)
- Interest Rate Range: 4.5% to 9%, based on risk analysis
- Loan Term: 5 to 20 years
- Amortization: 20 to 25 years; probably 20 years
- Lien Position: 1st Lien Only
- Loan to Value: 80%
- Prepayment Penalty: None
- Reserve Requirement: None
- Equity (if needed): The Client could have the option to buy out the equity beginning at month 12 (or stabilization) with a premium of 8-15% of the equity amount. Typically on a 100% equity deal the investor/funder wants anywhere from 15-22% ROI on the money. So if it is $1M equity they will require $1.15M-$1.22M to be returned. It can be structured as a 60/40 split of NOI as the Client’s repayment and then convert after they reach the desired ROI to a 90/10 or less long term equity hold where the investor/funder will remain a 10% or less equity owner in the deal long term (negotiable, possibly down to zero ownership).
This would be a private money transaction and not a registered transaction or funding through a traditional lending source. The time frame to funding may be 60 to 90 days or more, but this may vary depending on the specific Client’s project challenges and the underwriting and Due Diligence involved. On business financing, if a Client has orders in hand, it could potentially be 30 days. This general outline will be finalized after due diligence and underwriting.
Commercial Funding International, LLC
Mr. Jerry O’Neill, (503) 245-2789
Skype ID: jerryoneill7777
"Service to help you capitalize your opportunities."
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