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We are now working with a proven, private investor (who has funded one of our partner’s projects), who is interested in funding – 100% - projects in US and Canada and requires NO UPFRONT FEES These are the ONLY types of US and Canadian Projects they are interested in. If your business does not fall into these categories, it does not qualify. (see the PS below if you have a worldwide , non-US or non-Canadian, project that needs funding). Please do not waste your time, or ours, by applying for this program if you do not qualify. 1. Commercial Real Estate Purchase or Development 2) Starting up a Franchise 3) Business Acquisition, with existing profits and earnings, not a startup 4) Business Expansion, with existing profits and earnings, not a startup 4) Contract Execution 5) Oil and Gas 6) Renewable Energy 7) Education 8) Production/ Movie Production 9) Mining Additional requirements: 1) $10 USD - $20 USD Loan request ONLY 2) US and Canada projects ONLY 3) No Startups 4) Must be a “clean”, established company, with existing profits and earnings, run by “clean” people (i.e able to pass a detailed background check) 5) No sole proprietors – borrowers must be a team of at least 2-3 business people, all of whom can qualify for funding and can pass the background check Terms and Conditions: 1. Funding typically takes less than 30 days 2. All fees -including 10% fee agreement - can be added into the loan amount and paid at funding (add the 10% fee into your loan amount and financial projections) 3. 3% Interest Only loan payments 4. Non-Recourse Funding 5. 6-month grace period until first payment is due 6. 3-5 year term, with a balloon payment due. May be extended another term in some cases TO APPLY: Email CM_Sanlos@protonmail.ch for more details and what documents are needed.
We're new on this forum but thought a discussion re; Alternative Lenders would be healthy for all given the current lending climate. 1) CRE Valuations at or above pre-recession numbers 2) New Dodd / Frank Rules (retention) affecting underwriting 3) Banks tightening regs waiting for current construction projects to complete and stabilize Reuters had a very good article on this issue. http://www.reuters.com/article/us-al...-idUSKCN0ZA2TM Bottom line seems to be that more alternative lenders are getting into the market as the wall of maturities approach. Something for borrowers to consider if turned down elsewhere. Just Food For Thought...