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Citi Financial Hard Money & JV funding and POF financial accounts 877-529-0005 in Plattsburgh, New York For Sale

Price: $10
Seller:
Type: Financial, For Sale - Private.

Hard Money & JV Commercial Loans and Leased financial assets and financial accounts
SPORTS AND ENTERTAINMENT CONTRACT LOANS- UP TO 60% OF THE GUARANTEED CONTRACT VALUE. FUNDING IN AS LITTLE AS 3 DAYS.
http://www.citifinancialgroup.net/index.html Hard money Direct call Center- Call today 877-529-xxxx
Commercial Hard Money Loans. Joint Venture 80-100% funding, from $10 million to 1 Billion.
All property types, will require 2-10% reserves or equity
Construction Loans: Up to 90% Loan to cost and 70% of completed value
Rates as low as 5%. Fast approval and Term sheet within 72 hours
SBA loans and lines of credit
http://www.citifinancialgroup.net/businesslineofcredit.html
Rehab loans up to 100%. Requires experience and 30% future equity
Renewable energy, Inground assets, gold mine, Oil wells, must be operational
http://www.citifinancialgroup.net/index.html If not operational, will require cross collateral or business income
From $1 million to 1 billion
Commercial Financial lease accounts for commercial projects, real estate transactions
Investments, Trade investments. Call for a quote 877-529-xxxx
COMMERCIAL LOAN PROGRAMS: CONSTRUCTION - BRIDGE - JOINT VENTURE - HARD MONEY 100% FUNDING
(MIN: $10 MILLION)
JOINT VENTURE 100%
http://www.citifinancialgroup.net/JOINTVENTURE.html
Qualifying Projects (100% financing): acquisitions, start
ups, company expansions, mergers, new cash infusion, partner
buyouts, operating funds, inventions, research and
development (R&D), bailing out companies in trouble, real
estate developments, hotels, resorts, apartment buildings,
office buildings, mining projects, gas, energy, casinos, 5-Star
Mobile Home Parks (more list below)...FICO IS NOT AN ISSUE.
We accept and will consider ANY PROJECTS, and welcome
DEVELOPERS WHO ARE ON THE VERGE OF BANKRUPTCY
(Due to the lender backing out of their commitments).
Loan amount from $10,000,000 to $500,000,000
No Doc Commercial Loans
MINE DRILLING AND CONSTRUCTION
No money down!
Loan amounts up to $6,000,000
30 year amortization
Excellent rates available
Only 25% owner-occupancy (SBA
requires 51%)
Local appraisers can be used
Must have a credit score above 680
Lower LTVs available for lower
credit scores
This is the best stated income
product on the market today. Rates
http://www.citifinancialgroup.net/hardmoney.html
RESIDENTIAL SUBDIVISION LOANS
and terms will vary.
Multi-Family Loans
Great Rates / Yield Spread
Secure: High LTV(92.5%), FHA
Financing for Apartments & Assisted
Living, non-recourse and INCREDIBLE
rates!
Nationwide Commercial Funding-do a
broad range of loans for apartments
Large Deals above $10mil ? $100mil.
Stated Income-Apartment Lending
Subdivision Construction Loans
Target project between 2 and 30 homes (larger subdivisions may be phased) Loan
amounts up to $10 million (larger projects may be phased into multiple loans)
Financing available for land acquisition, development and construction Single and
multifamily properties Brokers earn 50 bps of the final commitment amount on loans
up to $10 million Capital Mortgage Partner's Subdivision Construction Program is
available nationwide.
Acquisition & Construction
LOAN AMOUNT: $5,000,000 and up.
BORROWER: Owner/ developer with track record.
LOAN TERM: 1 to 3 years, interest only.
PREPAYMENTS: Loans may be prepaid at
any time, after a lockout period, with no prepayment penalties.
INTEREST RATE: 10% TO 12%
COLLATERAL: First-mortgage on land and existing structures. Borrowers must personally guarantee all notes.
On larger loans completion/construction bond by G.C. and/or Letter of Credit from investment grade institution.
L-T-V RATIO: Up to 50% of the As-Is Value by independent third party MAI appraisal, up to 70% of approved
infrastructure development costs, and up to 80% of approved vertical development costs.
USE OF LOAN: Proceeds may be used for construction costs, real estate acquisition, and related costs.
PROCESSING: Completed loan application, title report, appraisal, project overview, proposed building plans,
cost projection for disbursement schedule, proof of funds for purchase of land, two years personal and
corporate tax returns. Approvals within 24 hours, commitments within 48 hours.
EXIT FEE: In lieu of equity, there may be a fee of between 1% and 5% of the loan amount.
COMMITMENT FEE: Typically between 1% and 3% of Loan Amount.
SUBMISSIONS: Borrower?s financial statements and tax returns for 2 years ? Brief property description ?
Sources and use of proceeds statements ? Appraisal, if available.
1 As-Is Value defined as a cash sale within a 180-day marketing period.
Bridge Loans
Acquisition, Construction, Restructuring and Refinancing
LOAN AMOUNT: $3,000,000 and up.
BORROWER: Management and/or ownership should be experienced. Past or present credit problems, including
Chapter 11 or Chapter 7 bankruptcies are workable.
LOAN TERM : 1 to 5 years, interest only.
PREPAYMENTS: Loans may be prepaid at any time after the first anniversary of the loan with no prepayment
penalties.
INTEREST RATE: 8% TO 12%
COLLATERAL: First mortgage on land, office, multifamily, recreational, medical, warehousing, manufacturing,
self-storage, hospitality (hotel/motels) or industrial properties, etc. -? non-income or income-producing, located
anywhere in the USA and select countries around the world.
L-T-V RATIO: 40% to 75% of As-Is Value by independent third party MAI appraisal.1
USE OF LOAN: Proceeds may be used for land development, real estate acquisition, construction costs,
equipment, working capital, closing costs or cash-out.
PROCESSING: Approvals within 24 hours, commitments within 48 hours, and closings in as little as 14 business
days.
EXIT FEE: In lieu of equity, there may be a fee of between 1% and 5% of the loan amount.
COMMITMENT FEE: Typically between 1% and 3% of Loan Amount.
SUBMISSIONS: Brief property description ? Schedule of all proposed capital expenditures ? Sources and use of
proceeds statements ? Appraisal, where available
JOINT VENTURE CONSTRUCTION
LOAN AMOUNT: $5,000,000 and up.
BORROWER: Developer should be experienced.
LOAN TERM: 1 to 5 years, interest only.
INTEREST RATE: 12% TO 15%, typically paid 5% current with the balance to accrue.
EQUITY PARTICIPATION: 35% to 55%.
TYPE: JV Preferred Equity.
PROPERTIES: Multifamily, senior living, office, retail, medical, warehousing, manufacturing, or industrial
properties.
LEVERAGE: Up to 97% of the Approved Budget when combined with the senior construction loan and up to 90%
of the equity required.
EXIT FEE: Typically between 1% and 3% of the investment amount.
COMMITMENT FEE: Typically between 1% and 3% of investment amount.
SUBMISSIONS: Property and area description ? Architectural drawings/renderings ? Sources and use of
proceeds statement ? Information on construction debt ? Sponsor?s financial statements ? Sponsor/Developer?s
CV ? Schedule of Recent Properties Developed ? Budget ? Pro Forma Operating Statement ? Appraisal, if
available (LOAN SUBMISSION FORM)
INTERNATIONAL LOANS
Overseas, CFG's Investors underwrites loans ranging in size from $20 million and up, backed by one or more of
the following:
Hard currency [US dollars, DM, EURO, GBP, JPY, etc] and/or existing
income-producing properties
Non-income real estate assets of defined value
Financial securities, in most countries of the Western world.
Typically, loan amounts range from 50% to 70% of the properties? value supported by strong cash flow and/or
credit tenants, with terms of 1 to 5 years, paying interest only for the term of the loan. The minimum Debt
Service Coverage (net Cash Flow divided by Debt Service ? ?DSCR?) should range between 1.05X to 2.0X,
depending on the type of property and credit enhancements. In cases where hard currency cash flow cannot be
established, CFG will accept an Investment Grade enhancement in the form of a Surety Bond or a Standby
Letter of Credit equal to the Net Operating Income of the property, in US dollars or other hard currency. The
enhancement can be issued for a period of one year, automatically renewable, for the duration of the Loan
Term. In this scenario, CFG could lend up to 98% of the present net value with a minimum DSCR of 1.05X.
Terms would be self-liquidating over 5 to 20 years
Our multi-national experts will bring specific industry, regional, and product
expertise to each client; advancing our finance group's industry leadership in
devising and executing the most innovative, customized answers to the most
challenging issues in the global marketplace.
Our services include, but are not limited to:
Asset Management - With a great depth and breadth of expertise, we help
clients achieve their goals through a wide array of strategies, in every major
sector and asset class through various distribution channels.
Project finance - Structuring privatizations, limited recourse and non-recourse
finance transactions.
Financial and regulatory advice - Using our network to keep current on
developments and advising on the practical effects of international regulatory
trends.
Loans and credit facilities - Structuring cross-border facilities, secured and
unsecured, and trade-financing transactions.
Private Equity - Structuring and organizing new funds, structuring and
executing institutional and management-led buyouts, public-to-privates,
follow-on acquisitions, IPOs and trade sales. Areas of expertise include
traditional private equity, alternative asset funds (e.g., real estate, infrastructure
and oil & gas) and hedge funds.
Bank Instruments and Securities - We represent financial institutions and
corporate entities in connection with the issuance of bonds, notes, commercial
paper, and other capital market instruments.
Bank Proof of Funds - Our bank proof of funds irrevocably confirms funds
availability by SWIFT from major banks. Amounts between $10 Million and $500
Million USD are readily available; larger amounts can be arranged.
Credit Enhancement - We create and place highly structured credit
enhancement and targeted risk capital products that provide efficient capital
solutions for large investment projects.
Whatever your financing needs may be, our team of specialists has the
experience and capability to find a solid solution to fulfill them.
Loan programs Up to 90% LTV Unlimited Cash Out No Pre-Payment Penalty Flexible Amortization Schedules Close in 3-5 Days Non Recourse Loans Wholesale pricing Brokers Protected Pays up to 1 pts. yield spread 2-5 year adjustable rates Interest Only
Construction loans At Americap Direct, we can offer investors experienced commercial construction underwriters. One of our dedicated underwriting professionals will be assigned to underwrite your project, treating your project with individualized attention and applying their knowledge and experience to help meet your needs within your specific budget. Financing is available for commercial land development, as well as for the interim during construction. Interim construction financing converts to permanent financing once the construction phase has been completed, helping you secure long term financing. We can help you get the financing you need to start construction, with periodic loan disbursements available throughout the construction process to keep your project funded. Bridge loans
Often a commercial borrower needs a bridge loan to facilitate the financing a property for a short period of time. A bridge loan is a specially designed form of financing that is used when a borrower is expecting to sell a property quickly or refinance it within the near future. offers bridge loans on a variety of properties. When a bridge loan is made, we look for an "exit strategy" to be certain that our borrowers have a plan to retire the loan either through selling or refinancing the property. Bridge loans are usually offered for terms of 6-24 months and many can be refinanced into low cost, long-term financing through Security National Commercial Capital. Bridge loans are not only for shorter terms, but are also often needed to close quickly. We pride ourselves in being able to meet our clients' financing needs in a timely manner. Mezzanine Loans
A hybrid of debt and equity financing that is is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies. Since mezzanine financing is usually provided to the borrower very quickly with little due diligence on the part of the lender and little or no collateral on the part of the borrower, this type of financing is aggressively priced with the lender seeking a return in the 20-30% range.
Alternative Energy Funding Renewable energy loans
Oil wells and mineral mines We assist Clients and brokers in their attempt to secure funding by working on $5M (USD) to $500M (USD) and higher funding requests that may require innovative financing and structuring. The overall value that our financial team brings to that assignment is creative thinking, underwriting expertise, and strategic relationships with potential sources. We provide a direct link to Americap's Contact sources that have delegated underwriting authority and/or have strategic relationships with domestic and large international banks, investment banks, lenders, unions, insurance companies, hedge funds, pension funds, syndicates, private accredited investors, and private lenders other loan types Multi-unit Apartment LoansShopping Center Loans
Industrial Building LoansOffice Building Loans
Hotel LoansChurch Loans Gas Station LoansMulti-family Residential Loans Mixed-Use Property LoansRetail Property Loans Special-use Property LoansNNN Lease ? CTL Property Loans Healthcare / Medical Office LoansNursing Home Loans or Funeral Home Loans Owner-Occupied Property LoansSelf-Storage Property Loans Renovation Loans Loan Refinancing

State: New York  City: Plattsburgh  Category: Financial
Financial in New York for sale

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