10Million- 25Billion LOC details

Documents we would need for your project to get started:
1. Executive Summary ( Need To Know Your Project or Business)
2. Executive Bio
3.. Applications ( will go out to Client After phone call and serious Clients ONLY)
4. Proforma
5. POF for the % (TBD) deposit of the first tranche
Also a copy of the Principle Protection Agreement for your review. (TBD)
To summarize how this funding works,
*** Each Client Case is different. This is why you see a lot of TBD. After conference call the deal will be confirmed.
The Investor I work with created Lines of credit for the intended purpose of Real Estate from Land Purchase all the way up to full construction. These LOC begins at a $10MM minimum and have gone as high as $25B from my personal experience. These are usually funded in about 60-90 days from the opening of escrow.
The Process is as follow:
1. We received all of the above information from you and your team. At which point it is reviewed by our Analyst for Risk at which point if this is accepted you will receive soft terms via email from myself.

2. Upon acceptance of these Soft Terms we will get your formalized terms to be e-signed

3. Once this is completed we will finalize your escrow agreement and have this e-signed as well

4. Once executed we will open your Escrow account with the expectation this to be funded by your side with the 15% Debt Service escrow within 24 hours max.

1. Be advised that these accounts are not standard escrow due to the business nature and incur a significant cost to open. My investor covers this charge up front as an act of good faith. In the event this is opened and you do not fund this escrow or move forward you will be invoiced for the costs of this.

2. The requirement of this Escrow company is due to it having no ownership or signing rights by any other parties, this results in 100% certainty that the funds of both parties are only accessible under the correct circumstances which are agreed upon in the Escrow agreement.

5. Once funded Due Diligence will begin of which the cost is typically points. (Consulting TBD)

6. Upon completion of due diligence and the account being approved the Principle will execute the Principle Protection Agreement for the Debt service escrow to be moved into an ICA account with the sole purpose of servicing the debt.

7. At the same time the first draws will be disbursed from escrow per your Draw schedule.

The above is the standard process and per our conversation a few things can be adjusted as far as the purpose of first draw and the terms are usually for 5 years, with the 15% that is in escrow, servicing the debt for the first 24-28 months.

Rate is typically between % (TBD) and origination points are Usually 6-10 points but not limited too.