USA FUND 5
The Fixed Rate Loan program focuses primarily on assets with stable cash flows, and typically exhibits conservative loan structures including amortization, reserves, moderate loan to value (LTV) ratios, strong Debt Yields (DY), and debt service coverage ratios (DSCR).
The floating rate program is better suited for transitional assets.
| Property Type Eligibility |
Stabilized Properties and Non Performing Properties : Office Buildings, Anchored Retail Shopping Centres,
Warehouse, Distribution Centres, Multifamily Apartments, Hotels on a very select, low leveraged basis. |
| Loan Amount |
USD 5 million – 500 million per loan amount. |
| Locations |
Europe / United States / Canada / Bahamas / Mexico / South America. |
| Loan-to-Value Ratio |
65% LTV ( Up to a CLTV of 80%) |
| Debt Service Cover Ratio |
Minimum 1.10 x |
| Loan Rate Pricing |
Prime Based (Fixed Rate) 2% - 8% (Variable dependent upon asset and leverage) |
| Amortization |
Maximum 30- Year Amortization Schedule |
| Loan Term |
2, 5, 7 and 10-Year loan terms available |
| Origination Fee |
Negotiable |
| 3rd Party Due Diligence Fee |
Variable |
| Legal Fees |
$25,000 |
| Borrowing Entity |
Must be Bankruptcy-remote, Special Purpose Entity, Tenants-in-Common ownership Not allowed. |
| Recourse |
Loan shall be Non-Recourse, with standard Non-Recourse Carve-Outs – Early Redemption Penalties will Apply. |
Funder Description
These Indicative Terms are for Intermediaries and Loan Consultants. Use Only for Informational purposes.
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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