ASIA FUND 1
| Loan Amount |
5m USD - 200m USD |
| Loan Type |
Syndicated fund via Agent |
| Location |
Global excluding high risk locations and war torn areas - submit for approval |
| Equity position Taken |
None |
| Funder fees |
3% closure fee's by combination of Cash & Confirmed Bank Letters of Credit |
| Approximate Due Diligence Costs |
Approx $ 50,000 |
| Term |
Varied to 10 years |
| Valuation |
Not Required |
| Interest payments |
Fixed 6.75% , non recourse |
| Reference |
None |
| Client Cash Escrow Amt required |
1.5% Cash liquidity of required loan amount |
| Confirmed LOC |
1.5% Confirmed Letter of credit required by top US 50 rated bank. |
Funder Description
This funder offers a very competetive funding solution although clients will be required to have an excellent relationship with their banks to enable them to obtain the confirmed LOC.
The fund seeks asset backed real estate projects, or high net business funding projects.
Clients will be expected to meet with the fund based in Asia.
PLEASE REMEMBER ALFA FINANCIAL HAS ACCESS TO MANY MORE FUNDING PROGRAMS NOT LISTED ON ITS WEBSITE.
( Please note all Funding Terms quoted are subject to change and are at the discretion of the funding source and Alfa Financial will accept no liability in this respect. )
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