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INTERNATIONAL LOANS
PROPERTY TYPES: HOTELS (3-5 STAR ONLY), OFFICE BUILDINGS, RESORT CONDOS, RETAIL, SHOPPING CENTERS, INDUSTRIAL PARKS, SINGLE TENANT INDUSTRIAL BUILDINGS, HOUSING DEVELOPMENTS, ENERGY DEVELOPMENT PROJECTS
LENDING AREA: INTERNATIONAL
EXCLUDED COUNTRIES: CUBA, VENEZUELA, MIDDLE EASTERN, AFRICA, SOUTHEAST ASIA
PROPERTY GRADE: "A" ONLY
BORROWER CREDIT GRADES: "A" ONLY
LOAN TO VALUE/DCR: SET BY HISTORIC OR PROFORMA CASH FLOW AND/OR BORROWERS NET CASH FLOW AND ASSETS
NOTE: UNDERPERFORMING PROPERTIES REQUIRE ADDITIONAL COLLATERAL WITH CASH FLOW SUFFICIENT TO COVER NEGATIVE, INTEREST RESERVE, OR PRE-PAID INTEREST UNTIL REQUIRED DCR CAN BE MET.
LOAN GUARANTEE INSTRUMENTS: LETTERS OF CREDIT, STAND-BY LETTERS OF CREDIT, FORWARD TAKE-OUT COMMITMENT, GOVERNMENT BACKED LOAN GUARANTEE, BOND ISSUES, MAJOR INSURANCE COMPANY GUARANTEES
NOTE: LOCAL STATE AND NATIONAL GOVERNMENTS MUST BE SUPPORTIVE OF PROJECT AND MAY BE REQUIRED TO OFFER PARTIAL OR FULL REPAYMENT GUARANTEES.
LOAN TYPES: PURCHASE, REFINANCE, BRIDGE, CONSTRUCTION, CONSTRUCTION COMPLETION, CONVERSION
AMORTIZATIONS: 1 YEAR TO 30 YEARS
CURRENT AVERAGE FIXED RATES: 4.75% TO 9.75%
CURRENT AVERAGE ADJUSTABLE RATES: 3.75% TO 8.75%
CURRENT AVERAGE LOAN FEES: 1.00% TO 3.00% (DEPENDS ON LOAN TYPE, LOCATION AND DEGREE OF DIFFICULTY)
MINIMUM/MAXIMUM LOAN AMOUNTS: $5 MIL TO NO LIMIT
INTERNATIONAL FINANCING CAN BE CHALLENGING.
LET ONE OF OUR EXPERIENCED FINANCIERS HELP YOU MEET THOSE CHALLENGES TODAY!
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