1. What type of industry lenders are more comfortable with?
NO RESTRICTIONS.
2. What are the minimum and maximum funding amount?
FROM $250 MILLION UP TO 8 BILLION.
3. What is the minimum injection amount needed from borrower?
FROM ZERO UP TO 20%.
4. Does the borrower need to have a business plan?
YES DEFINITELY.
5. Does the borrower need to have a feasibility study?
IT IS PREFERRED TO HAVE A FEASIBILITY STUDY IT WILL SPEED THE LOAN CLOSING PROCESS, HOWEVER BORROWERS SOMETIME NEEDS TO BE ASSURED THAT THEY HAVE A LENDER’S BACKING SUPPORT BEFORE ENGAGING THEMSELVES IN A FEASIBILITY STUDY.
6. Can injection be just assets or lender needs cash injection?
INJECTION CAN BE EITHER CASH OR ASSETS; HOWEVER IN CASE THE BORROWER INJECTION IS ASSETS, THE ASSETS HAS TO BE EVALUATED BY A CREDITED INTERNATIONAL APPRAISAL COMPANY.
7. What is the minimum and maximum lending terms?
LENDING TERMS START FROM 3 YEARS UP TO 20 YEARS WITH ABILITY TO REFINANCE AT THE END OF THE INITIAL TERM.
8. What is the minimum and maximum interest rate?
RATES DEPEND ON DIFFERENT FACTORS AND RISK ASSOCIATED, HOWEVER INTEREST RATE STARTS FROM THREE (3%) UP TO SIXTEEN (16%).
9. Is there processing fees? And if so what are the processing fees?
THERE WILL BE PROCESSING FEE, HOWEVER THE PROCESSING FEE WILL BE AFTER SIGNING AGREEMENT AND LENDER PROVES TO THE BORROWER HIS CAPABILITY OF FUNDING AND PAST PERFORMANCE AND PRESENT A LOAN TERM SHEET. ****PROCESS FEES START FROM $25,000 UP TO $100,000.
10. What are the minimum and maximum days expected to close and fund the project?
FROM 45 DAYS UP TO 120 DAYS FROM ACCEPTING CONTRACT TERMS AND CONDITIONS.
11. Can lender fund 100% of project? And if so, what conditions are required?
WE CAN FUND 100% OF THE PROJECT HOWEVER THERE IS NO RULE OF THUMB IN REGARDS OF THE CONDITIONS. THESE TERMS WILL BE DISCUSSED DIRECTLY BETWEEN THE LENDER AND THE BORROWER DURING DIRECT MEETING.
12. Does lender require to be a equity shareholder?
YES LENDER WILL BE A SHAREHOLDER OF THE PROJECT UNTIL THE LOAN IS PAID OFF.
13. Is there any type of financial guarantee needed from borrower?
MOST OF THE TIME THERE IS NO FINANCIAL GUARANTEE NEEDED FROM THE BORROWER.
14. Does the lender require a certain contractor/ merchants the borrower needs to contract with or the borrower can choose any merchant from open market?
THE LENDER HAS QUALIFIED INTERNATIONAL COMPANIES THAT ARE TOP NOTCH IN THEIR INDUSTRY WITH GREAT REPUTATION, HOWEVER THE BORROWER CAN PRESENT HIS OWN CONTRACTOR WHICH MUST BE APPROVED BY THE LENDER.
15. Can you send me a sample procedures that the lender follows?
A. Project owner sends project info and his requirements.
B. Funder formally expresses interest and sends project owner terms and conditions (for that particular project) as well as a draft of loan MOU contract.
C. Upon MOU signing as well as confirmation that working fees and legal fees have been made available by the project owner. Funder proceeds with the issuance of BCL confirmed by the ministry of foreign affairs verified by the embassy of the project country indicating funder's financial capability.
1. What type of industry lenders are more comfort with?
NO RESTRICTIONS.
2. What are the minimum and maximum funding amount?
FROM $250 MILLION UP TO 70 BILLION.
3. What is the minimum injection amount needed from borrower?
FROM ZERO UP TO 10%, HOWEVER MOST WILL BE ZERO INJECTION.
4. Does the borrower need to have a business plan?
YES DEFINITELY.
5. Does the borrower need to have a feasibility study?
MOST GOVERNMENTS HAVE THEIR FEASIBILITY STUDY AVAILABLE. HOWEVER WE CAN ASSIST AND OR PROVIDE THE GOVERNMENT A FEASIBILITY STUDY IF IT WAS REQUESTED.
6. Can injection be just assets or lender needs cash injection?
INJECTION CAN BE EITHER CASH OR ASSETS; HOWEVER IN CASE THE BORROWER INJECTION IS ASSETS, THE ASSETS HAS TO BE EVALUATED BY A CREDITED INTERNATIONAL APPRAISAL COMPANY.
7. What is the minimum and maximum lending terms?
LENDING TERMS START FROM 3 YEARS UP TO 20 YEARS WITH ABILITY TO REFINANCE AT THE END OF THE INITIAL TERM.
8. What is the minimum and maximum interest rate?
RATES DEPEND ON DIFFERENT FACTORS AND RISK ASSOCIATED, HOWEVER INTEREST RATE STARTS FROM TWO (2%) UP TO FIVE (5%).
9. Is there processing fees? And if so what are the processing fees?
LOAN DOCUMENTS AFTER APPROVAL.
10. What are the minimum and maximum days expected to close and fund the project?
FROM 45 DAYS UP TO 120 DAYS FROM ACCEPTING CONTRACT TERMS AND CONDITIONS.
11. Can lender fund 100% of project? And if so, what conditions are required?
YES WE CAN FUND 100% OF THE PROJECT.
12. Does lender require to be a equity shareholder?
IT DEPENDS ON THE PROJECT AND TERMS.
13. Is there any type of financial guarantee needed from borrower?
GOVERNMENT GUARANTEE OF PAYMENT.
14. Does the lender require a certain contractor/ merchants the borrower needs to contract with or the borrower can choose any merchant from open market?
THE LENDER HAS QUALIFIED INTERNATIONAL COMPANIES THAT ARE TOP NOTCH IN THEIR INDUSTRY WITH GREAT REPUTATION, HOWEVER THE BORROWER CAN PRESENT HIS OWN CONTRACTOR WHICH MUST BE APPROVED BY THE LENDER.
15. Can you send me a sample procedures that the lender follows?
A. Send project info
B. Funder sends past performance and profile of company to implement the construction project.
C. Government and Funder and Construction company meet.
* Funder has MOAs with various construction companies of various fields such as: Railway, Motorways, Energy sectors, Airports, Sea ports....etc
