Clark Capital Group now has available International funding.
One of our sources is currently reviewing hard money request that are in need of financing in:
Asia, (including India),
All financing is available for most credit types. Financing offers are based on valuation as opposed to credit worthiness in most cases. The financing is provided by private lending sources which includes; Hedge Funds, Private Commercial Real Estate Financing Companies and Private Qualified Investors.
The terms for this type of financing is usually as follows, but is subject to changes:
LTV: 50% to 60%
Interest Rates: 11% per annum to 18% per annum depending on risk and LTV
Amounts: $3.0 Million to $100.0 Million (USD)
Property Types: Income producing properties, such as Hotels/Motel; Apartments; Shopping Centers and other income producing properties. Land for development on a selected basis.
Fees: Depending on the risk as to be determined: 5% to 12% ( all in)
Funding Time: Foreign within 45 days or sooner from execution of a Loan Commitment.
This source requires, on all International funding request, an onsite/visit review of the project to pre-qualify each project. If the project qualifies following the onsite/visit review, we will make an offer to arrange a financing offer generally within 72 hours or sooner.
All submitting Brokers/Consultants share in our Success Fees at closing and are protected.
Email a summary to: Kevin@HardMoneyCentral.com
We DO NOT fund owner occupied residential properties.