CONSTRUCTION LOANS

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SUB-DIVISION - RETAIL - HOTEL - MOTEL - APARTMENT - ENERGY - GAS STATION - OFFICE - WAREHOUSE- more AMERICAP DIRECT is a...

  • Category: Accounting - Finance
  • Published: July 30, 2017
  • Rate Listing:
    Current Rating: /5 0 Vote

    Description

    SUB-DIVISION - RETAIL - HOTEL - MOTEL - APARTMENT - ENERGY - GAS STATION - OFFICE - WAREHOUSE- more
    AMERICAP DIRECT is a direct source for Commercial Development and Construction Loans. In a time when construction lending from traditional
    banks have virtually dried up, we recognize that there are still viable and good projects that need financing in today’s market.

    Nationally. We can look at International projects on a case by case basis.
    Loan Amount: $3,000,000 to $500,000,000
    Funding time: 45 days or less. Yes, we can typically fund the project in this time frame.
    Interest Rate: 5% to 9% Fixed (1% rates for Churches)
    Amotorization: up to 25 years
    Term: 5 years – Also can structure a construction to permanent loan with interest only during draw down
    periods.
    Points: Up to 3% to be paid at closing
    Fees: Due Diligence for third party reports ($3500-$12,500) Depending on required reports
    Non Recourse
    Collateral: Hard assets such as real estate, land or equipment.

    Depending on the project there are some cases where we will take an equity stake in the project.


    Borrower Requirements:

    The ability to have at least 10% liquid cash of the project size to put into your project. This is a must and
    non-negotiable
    Must have the ability to demonstrate that you can perform on your project with a good business plan
    Industries we are aggressively looking to finance:

    Construction and Development, Hospitality, Office, Multifamily, Retail, Golf Courses, Oil and Gas Industry,
    Special Use Properties, Mining, Churches and many more.
    Assisted Living
    For Profit and Not for Profit Hospitals
    Seniors Housing
    Independent Care Centers
    Skilled Nursing
    Alzheimer's
    Medical Office Buildings and Condos
    Americap Direct
    Tel; +1 (877) 310-5500
    Http://americap-direct.com

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