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!