Big Deals Consulting and associates are now offering this Alternative Funding Service...
ABOUT BOND FUNDING:
144A Bond Funding is a fast, low cost, non-recourse way to finance many type of real estate and non-real estate projects.
Benefits of a 144A Bond Offering:
- 100% LTV
- No personal guarantee
- No credit checks
- No asset verification
- No loss of equity in your business
- Quick turn around time – often 90 days
- Low underwriting fee
- Flexible repayment terms
Eligible Projects: Many types
- Stabilized real estate
- Oil & gas
- Non-RE such as technology, pharmaceutical, major business acquisition/expansion
Amount: $10M-500M + (NO CAP)
Underwriting Fee: Case by Case basis
Some recent examples:
- $500,000,000 bond deal and the fee was $240K
- $250,000,000 bond deal and the fee was $150K
- $20,000,000 bond deal and the fee was $45,000
- $17,000,000 bond deal and the fee was $45,000
*** The client must be able to show double the amount in a bank account compared to what the underwriting fee is. No exceptions!
Terms: Up to 30 years amortized with balloon payment (negotiable)
Points: bond company charges 5-7 points/corresponding lender charges 5-7 points.
Interest rates range from 5-7%. Points are built into the bond.
Third Party Reports: Client is responsible, at client expense, for any and all reports, appraisals and any other type of third party compilation about the project.
- Send preliminary package, Bond questionnaire and POF for fee amount
- Multiple conference calls
- Bond company analysis and pre-underwrite
*If bond company issues a positive opinion in 2-3 weeks, then:
- Bond company engaged and bond underwriting fee paid
- Bond created
* 144A: A 1990 SEC rule that facilitates the resale of privately placed securities that are without SEC registration. The rule was designed to develop a more liquid and efficient institutional resale market for unregistered securities.
Direct Borrowers Only Please!
To your service;
Big Deals Consulting, LLC
San Diego, CA.
BigDeals2012 @ yahoo.com
Skype ID: BigDeals07