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| | The Start Up Companies Seeking Funding -Look Here Network is not currently active and cannot accept new posts | | Funding for Projects - Requires little down | Views: 1617 | | Oct 01, 2008 5:22 pm | | Funding for Projects - Requires little down | # | 
Diane Glatfelter | | The Basics
A qualifying company can borrow up to a minimum of $100,000 with virtually no maximum and it is nonrecourse, meaning it doesn’t have to be paid back.
FEATURES OF THE LOAN
• The loan will be made in U.S. dollars and it does not have to be paid back.
• All our institutional investors/lenders are U.S. and North American based.
• All transactions are private placements.
• There are no transaction or legal fees.
• Use of Funds is not of paramount importance although we must comply with the U.S. Patriot Act.
GENERAL LOAN PROCEDURES
We are direct private consultants who have long standing contractual arrangements with many of the world’s largest Investor, merchant’s banks, trust and pension funds, hedge funds, private, corporate and institutional investors who can provide funding to any amount, anywhere in the world, for Commercial projects of any type. The minimum amount to be borrowed per project is US $100k to Billions.
Commercial mortgage loans, 0% to 10% down commercial financing, 100% loan to value, any project, any industry, are eligible, flexible deal structuring, no personal credit required, with only 0% to 10% down, 100% LTV, funding all phases of project. Investors are looking for strong projects worldwide, project needs to make sense.
We can take any type of legitimate project whether it is commercial real estate projects, casinos, mines, alternative energy projects, oil and gas projects, international projects, business capital financing, and just about any other legitimate, verifiable project that shows a benefit to the community.
Worldwide Project Financing, Corporate Finance Mergers & Acquisitions, Shopping Centers, Office Blocks, Medical Centers, Government & State Loans Business, Equity Loans, Construction & Development, Educational Buildings, Loans to Banks, Financial Institutions, Airports, Refineries, Power Plants, International Ports, Project Financing, Bridges, Roads, Pipelines, Hotels, Motels, Condominiums, Resort Developments, Film Funding, Industrial Business Centers, Commercial & Office Complexes, Retirement Nursing Homes, Medical & Environmental Facilities, Energy Projects, Chemical Plants, Oil Pipelines, Industrial Business Centers, Development General, Construction Low Cost Housing, Development or Acquisition Financing, Ship & Aircraft Financing, Factory or Industrial Projects, Schools, Hospitals Government Buildings, Communication, Venture Capital, Resort Centers, Theme Parks, Marinas Dams, Energy Facilities, Golf Courses, Real Estate, Casinos, Equity Finance, Structured Finance, Infrastructure, Development Project, Finance General, Joint venture partners, venture capital Global, Debt loans, Hard Money.
Obviously, there can be many different situations where one may benefit from this type funding. To further help you in understanding and appreciating this method of funding, below are some examples reflecting actual transactions.
Development of Entertainment Resort
A small company in the Southwest would like to build a world class entertainment resort that will cost over 100M. Challenge is that they are lacking the capital needed. The land alone will cost well over 9M. They have interest by an investor for the build out of the project, but need to secure the land in order to secure that funding. For this transaction to be consummated, the small company would have to make a down payment of 30% (or 2.7M) in order for a bank to consider loaning the funds. The small company cannot meet the down payment requirement and would have difficulty if the payments relating to the loan balance were to begin immediately. As a result, this deal would not happen. Now let us introduce the funding concept referred to above.
Proposed Scenario:
Client tells us that they only have 200k cash. With a down payment of 200k, we can obtain a loan via our Investor group, whereby the client would receive a nonrecourse loan for 1M in 30 days. Since the client still needs more than 1M for bank financing, the client can put a down payment of 1M again and the client would receive a second nonrecourse loan for 10M in another 30 days. The client can then purchase the land outright for 9M and take the remaining funds and go back in with 1M and obtain another 10M nonrecourse loan. Client can continue to do this until all their funds are obtained in order to fund their entire project, receiving new funds for their project every 30 days.
Recap:
200k down payment gets a loan of 1M in 30 days
1M down payment gets a loan of 10M in 30 days
10M down payment gets a loan of 100M in 30 days
So in 90 days, all funding is obtained for the project and it is nonrecourse, thus never has to be paid back.
Start Up Restaurant
A small company in the Midwest already purchased a restaurant, but requires an additional 100k for equipment and working capital. Their goal was to open several other franchises after the first one was up and running and successfully making money. The challenges are:
1. The client’s credit is terrible, so the client is not eligible for an unsecured loan, nor a business loan since personal credit would have to be over at least 680 credit score.
2. The client already borrowed from family and friends to purchase the franchise so they have no other resources, nor collateral.
3. The business hasn’t started generating income so getting a cash advance against credit card receipts is not an option.
4. The equipment is already highly leveraged, thus the client is not able to obtain an equipment lease back.
As a result, this deal would not happen and the client would have already wasted all the funds invested in the franchise.
Proposed Scenario:
Client tells us that they only have 25k cash. With a 25k down payment, we can obtain a loan via our Investor group, whereby the client would receive a nonrecourse loan for 100k in 30 days. Client can continue to do this until all their funds are obtained in order to fund their entire project, receiving new funds for their project every 30 days.
Recap:
25k down payment gets a loan of 100k in 30 days
25k down payment gets a loan of 100k in 30 days
25k down payment gets a loan of 100k in 30 days
So in 90 days, the client would have 300k to fund their entire project and it is nonrecourse, thus never has to be paid back.
Need to Raise Down Payment for Residential Loan
A person in the Northeast found the perfect house for 850k. His bank said they would consider loaning him the money if he had 20% (170k) to put down. The challenges are:
1. The client’s credit is at a 700 credit score, but his debt to income ratio is out of range for the bank to finally approve him.
2. Since the client’s credit score is 700, but his debt ratio is too high, the client is not eligible for an unsecured loan,
3. The client already borrowed from family and friends and he still owes them money.
As a result, this deal would not happen and the client would lose out on a fantastic home of his dreams.
Proposed Scenario:
Client tells us that they only have 25k cash. With down payment of 25k, we can obtain a loan from our Investor group, whereby the client would receive a nonrecourse loan for 100k in 30 days. Client can continue to do this until all their funds are obtained in order to fund the entire cost of the house if he chooses.
Recap:
25k down payment gets a loan of 100k in 30 days
100k down payment gets a loan of 400k in 30 days
400k down payment gets a loan of 1.75M in 30 days
So in 90 days, the client would have 1.75M to fund their entire home plus some and it is nonrecourse, thus never has to be paid back.
Documents Required:
• Client information sheet
• Proof of funds for down payment
• Application & Executive Summary (for projects greater than 1M)
• NCND
• Fee Agreement (3%)
Q&A
Q. Where does the down payment go?
A. Down payment is sent to the Investor Group’s attorney’s escrow account.
Q. Is there any chance of losing my down payment?
A. No. If funding does not take place, the down payment is returned.
Q. Is there any particular type of project that the Investor Group likes?
A. As long as the project is solid and the principals have a solid background, the Investor group will entertain the project for funding.
Q. Is there a credit check required?
A. No, since it is a nonrecourse loan.
Private Reply to Diane Glatfelter | | Dec 04, 2008 9:55 am | | re: Funding for Projects - Requires little down | # | 
Deborah Adams | | I am seeking funding for a project in Melbourne - Australia for a wholistic wellbeing hospital/centre and large organic/spiritual retail store. Any advice would be greatly appreciated as this project could make an incredible difference to the wellbeing of those diagnosed with a terminal illness aswell as educating the public about longevity.
kind regards
Debbie AdamsPrivate Reply to Deborah Adams | | May 09, 2009 7:24 am | | re: re: Funding for Projects - Requires little down | # | 
Amit Abhyankar | | Why would anyone offer a loan that doesnot need to be paid back?????!!!!!!!!
DO I smell something Fishy??Private Reply to Amit Abhyankar | | Jun 22, 2009 12:21 am | | re: re: Funding for Projects - Requires little down | # |
DANCONSULTANTS LTD | | DEAR DEBORAH,
WELL, MY FINANCIERS ARE READY TO RELEASE A LOAN TO THE TONE OF $30 MILLION UNITED STATES DOLLARS FOR ANY DEVELOPMENTAL PROJECT YOU HAVE AT HAND ON A SIMPLE INTEREST OF ONLY 4.5% REPAYABLE OVER A PERIOD OF TEN YEARS, ALTERNATIVELY, IF YOU ARE INTERESTED IN JOINT VENTURE, YOU SHOULD BE ABLE TO LET ME KNOW THE ANTICIPATED RETURNS ON INVESTMENT (ROI) AND THE NUMBER OF SHARES THAT SHOULD BE ALLOTED TO MY CLIENT. THEY PREFER INVESTING IN THE REAL ESTATE SECTOR BECAUSE OF THE RELIABLE NATURE OF THE SECTOR OR ANY OTHER RELIABLE MEANS OF INVESTMENT WITH A MEASUREBLE RISK LEVEL AND THEREFORE, DOES NOT REQUIRE A BANK GURANTEE; OTHERWISE, A BANK GURANTEE WILL BE REQUIRED, BUT YOU WILL BE EXPECTED TO SEND ME A BRIEF PROPOSAL IF AVAILABLE. THEN AFTER THAT YOU ARE EXPECTED TO OPEN AN ACCOUNT WITH THEIR DESIGNATED BANK IN UNITED KINGDOM THAT OPERATES AN ONLINE BANK ACCOUNT. THEREFORE, IN THIS VERY INSTANCE, YOU ARE NOT REQUIRED TO TRAVEL TO UNITED KINGDOM FOR THE OPENING OF THE BANK ACCOUNT, BUT THROUGH THE BANK'S ONLINE BANKING SYSTEM, YOU WILL BE ABLE TO OPEN A BUSINESS BANK ACCOUNT WITH THEM AND THE INVESTMENT FUNDS WILL BE TRANSFERED TO YOUR ACCOUNT WITH THE BANK. HOWEVER, THE BANK WILL THEN BE THE CUSTODIAN OF THE FUNDS ON YOUR BEHALF AND WILL RELEASE, THE REQUIRED FUNDS TO YOU ONCE YOU HAVE INDICATED AN INTEREST OF A PROJECT TO BE HANDLED. THEN THE BANK WILL TRANSFER THE FUNDS TO YOUR NOMINATED BANK ACCOUNT EITHER IN CHINA, HONG KONG OR TO ANY PART OF THE WORLD YOU EXPECTED. ALTERNATIVELY, IF YOU WANT TO TRAVEL YOU CAN COME DOWN TO LONDON AND MEET WITH THE FINANCIERS; ON THAT VERY ARRANGEMENT, YOU WILL LET ME KNOW YOUR TRAVELLING SCHEDULE, THEN I CAN ASSIST YOU IN BOOKING A HOTEL RESERVATION AND ARRANGE FOR A MEETING FOR YOU WITH THE FINANCIERS IN THEIR BANK.
HOWEVER, BEFORE WE PROCEED I HAVE TO DRAW UP A BINDING MEMORANDUM OF UNDERSTANDING WHICH I WILL SEND TO YOU FOR SIGNING AND AT THE SAME TIME, I WANT YOU TO BEAR IN MIND THAT YOU HAVE TO PAY ME 1% OF THE $30 MILLION USD FROM THE FUNDS, ONCE THE FUNDS HAVE BEEN TRANSFERED TO YOUR NOMINATED BANK ACCOUNT FOR MY CONSULTANCY SERVICES.
YOU HAVE TO PROVIDE ME IMMEDIATELY WITH YOUR FULL CONTACT ADDRESS INCLUDING OFFICE AND RESIDENTIAL TO ENABLE ME PROCEED WITH THE DRAFTING OF THE MEMORANDUM OF UNDERSTANDING (AGREEMENT).
I EXPECT YOUR QUICK RESPONSE.
JAMES DANIEL
DAN CONSULTANTS LIMITED
27 NORBURY GARDENS
ROMFORD
ESSEX RM6 5TS, UNITED KINGDOM
Company Registeration No. 02812825
Phone: +447045753573
fax: +447005930858
Email: d.danconsultants@yahoo.co.uk
Private Reply to DANCONSULTANTS LTD | | Jun 22, 2009 10:54 am | | re: re: re: Funding for Projects - Requires little down | # | 
Shikha Suman | | Hi
Can you give me some more info. I am feeling slightly uneasy that without looking at business proposal somebody would give me loan.
Regards
shikhaPrivate Reply to Shikha Suman | | |
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