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We also offer International Project financing. We'll consider any viable project. We offer 100% project financing and loan gurantees.
Minimum we can consider is: $8 million no maiximum.
For details, please contact us!
International Loan Guarantees
with 100%
Commercial Purchase and/or Project Financing
While most commercial lenders and
banks are reducing their exposure to commercial financing by either reducing
their financial commitment to your project or not funding your project at all,
we have a proprietary unique method that gets your commercial purchase or
construction project funded 100% regardless of industry type. This approach also
eliminates much of the ‘red tape’ associated with traditional type financing.
Our only
criteria are clients of good standing with projects of commercial
sense.
What We Do:
Our service arranges loan
guarantees and loans worldwide. Through strong relationships with international
banks and private investors we are capable of arranging all the necessary
financing for your project, even if other lenders have turned you
down.
Our investors provide loan
guarantees for the entire cost of your project. Once we have a loan guarantee in
place the guarantee is used as collateral for a loan to be provided through one
of our investor approved worldwide banks. With the loan in place funds are
disbursed according to project needs, through an approved servicing company. The
typical time frame for the above process to be completed is approximately 60 to
90 days after completion of our due diligence phase, which are approximately 10
to 20 days.
Loan Guarantee and Loan Size Requirements:
There is a USD 8 million-dollar minimum loan guarantee and loan requirement with no maximum.
Loan Terms:
The terms and conditions of loans arranged are extremely attractive and hard to match even under ideal conditions.
A typical loan would be a three- phase term.
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Phase 1: First 18 months – no
payment-grace period with no accrued interest
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Phase 2: Payments 19 through 30 are interest only payments (stabilization
period)
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Phase 3: 10 to 25 year amortization at principles option
Interest Rate is 1.5% above 5 year
LIBOR Rate. (Current LIBOR Rate is approx. 4.5%)
For large purchases and or
construction projects (US100 million +) under special conditions we can arrange
for a 36 month grace period.
Confidentiality:
Any information shared with us is
considered highly confidential and is not shared with anyone except our private
investors for initial loan guarantee purposes.
Process for Consideration:
Submit an executive project summary
to sales@tubiron.com.
Be sure to include a basic fund
disbursement schedule showing amount of funds needed at each phase of the
project. Upon favorable investor review, verbal approval will be issued to
principle indicating terms, conditions and costs
Moving Forward:
When ready to move forward to
obtain financing, a Letter of Intent will be issued. Letter of Intent is to be executed
and returned along with requested information (Business Plan, proof of bank
fees, etc.) and due diligence fee indicated in Letter of Intent. This is a dated
document and is to be returned within 7 days of issuance. Letter of Intent is
only issued once.
Upon completion of due diligence,
bank fees (refundable if loan is not provided) are placed into special secured
account with Lloyds TSB Bank, London until loan disbursement occurs. Lloyds TSB
Bank has full banking responsibilities over account. Funds can’t be removed from
account during this phase. If funding of project (according to disbursement
schedule) does not occur in 90 days from opening of special secured account,
bank fees are returned to principle from Lloyds TSB Bank.
Costs to Obtain Loan Guarantee and
Loan:
Ø
There is an
8-point fee relative to the total loan amount. This fee is added on to the loan
amount and is paid out upon first disbursement of funds.
Ø
Minimum
non-refundable due diligence fee of $25,000. This fee is reimbursed to principle
upon first disbursement of funds. This fee covers all legal fees, contract fees,
site visits for entire length of project and all costs directly related to the
administration of guarantee and loan. (Can be borrowed funds)
Ø
Bank fees of
$250,000 per every 25 million-dollar guarantee and loan increment. This is a
refundable fee if funding disbursement does not occur. This fee can be included
in project costs and is reimbursable. Loan guarantees are issued in 25
million-dollar increments. If your project cost were 20 million dollars you
would only need one guarantee to provide 100% of your financing needs. If your
project costs were 30 million dollars, you would need two guarantees to provide
100% of your financing needs. (Can be borrowed funds)
Ø
There is an
annual loan guarantee renewal fee of .002% of the total amount borrowed until
loan is repaid.
There is no equity (down payment)
requirement.
Take Control of Your Project Money
Requirements:
When financing your projects using
this very unique method, it’s not a question of whether your financing request
will be approved but rather a timing issue of when first disbursement of funds
will occur.
For further information please call 760-224-2491 or E-mail to: info@tubiron.com
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