$20M+ Large Project Funding WITH NO FRONT END FEES. Released by: PR Manager Web Site: http://www.commercial-financing.us Our funding source has recently concluded negotiations with some world class hedge and pension fund Email: asubana@yahoo.com Keywords: commercial financing, 100% commercial financing, new construction financing, 100% financing Update Date: 5/21/2007 9:13:57 AM Hits: 126 Descrption:  $20M+ Large Project Funding WITH NO FRONT END FEES. KEY 081408 = FUNDING SOURCE AUTHORIZED REP (RFBP) Our funding source has recently concluded negotiations with some world class hedge and pension fund organizations. These firms are eager to make quality large project loans with NO FRONT END FEES. 081408 will now accept commercial loan requests of $20,000,000.00 USD and up under this funding program. For initial review, we will ask for an Executive Summary and a completed Project Data Information Sheet (see below). Costs: All costs will initially be absorbed by the lending group. On closing, all points, due diligence, other bank charges, and broker fees will be deducted from the closing. Borrower will be direct with the lending group and all such charges shall be agreed to in advance and included in the contract with the borrower. All applications must have: a professional quality business plan, complete 5-10 yr. pro-forma, a 2-year operating statement history if an existing corporation (start-ups exempt) a signed FPA for 2% to 081408 + a separate master fee agreement to cover and protect Brokers/Consultants. We will have an Attorney in California who will be the Paymaster. Business plans, 5-10 yr. pro-formas, operating statements, and signed FPA’s will be accepted by e-mail only. The borrower(s) must give our lenders exclusive rights for a minimum of 90 days in order to fund the loan or they will not undertake any due diligence. LTV’s will range from 80% to 100% depending upon on the strength of the project business plan, experience of the borrower, anchor tenants, location, etc. Terms of the loan will range from 10-20 years with straight amortization. Interest rates are variable and will be based on the perceived risk factor, usually LIBOR plus a margin. Borrowers may estimate their rate at 7% under current market conditions for projected loan payments. Procedures: Send your agent a complete Executive Summary and completed Project Data Information Sheet (PDIS) for initial review. If the project has merit, we will ask for a complete business plan and all associated documents noted above to be sent to us via e-mail. After initial review by our funding source, if there is a desire to proceed forward, the borrower will be asked to sign an Exclusive (90 day) Agreement with the lending group. The borrower will then be put in direct contact with the lending agent reviewing your project’s business plan. With this method, we can arrange for bank underwriters to get to your project site in approx. one week. A current business plan and feasibility study by a top national accounting firm will greatly enhance your chances for approval and reduce other due diligence fees. Notwithstanding, any delays for appraisals, re-writes, or due diligence, loans are generally closed within 60 days. Expect a lending team to visit your site very early in the process. Again: All costs will initially be absorbed by the lending group. A 2% Broker fee to 081408 will be covered in the early stages of the funding process and will be deducted from proceeds at closing. To discuss your scenario, please contact: NEW BUSINESS DEVELOPMENT Loan Processing, Inc. and US COMMERCIAL FINANCING 408-417-3077 DIRECT / 800-619-0211 FAX 337 S. Monroe St. Suites 8 and 9 San Jose, CA. 95128 Office Hours: 9am-9pm PST M-F Websites: http://loanprocessinc.com http://commercial-financing.us Contact infomation: 408-417-3077