COMMITMENT FUNDING

Commitment Funding Loan Terms

This lender will fund 100% of the total project costs, if the client can post a Refundable Cash Commitment Deposit of 5- 15% of the total project costs. 

UP-FRONT REQUIREMENTS:​

UP-FRONT FEE:

LOCATIONS AVAILABLE:

FUNDING AMOUNT:

PROJECT TYPES:

 

 

 

 

 

 

 

INTEREST RATE:

TERMS:

COLLATERAL:

CLOSINGN TIMELINE:

UNDERWRITTING COSTS:

ADVANTAGES:

Worldwide

 

$1 Million USD to $500 Million USD (no cap)

 

Existing Businesses

Stabilized Real Estate

Refinance

Construction

Rehab

Agriculture

Mines

Oil & Gas

Energy

Major Business Acquisition/Expansion

 

Approximately 5% per Annum, Interest Only


Fixed for 5 Years

Including but not limited to:

  • Land

  • Commercial Property

  • Equipment

 

10 weeks​

None (Covered by the Lender)

Client must show a valid Proof of Funds of 5% up to 15% of the total loan amount in order to qualify for financing. The Lender must be satisfied by the validity of the Proof of Funds. 

Upfront Refundable Retainer Fee of $3,500 - $5,000 in most cases*

* This program is offered through one of our trusted Arranging Sources based out of New York City. 

   This source does charge a fully refundable Retainer Fee in order to proceed with their lending

   solution. This source is A+ rated with the BBB for over 20 years.  Their retainer is 100% refundable if

   no offer is made by the lender or if the terms agreed to are different from the terms offered.  

  • Lender funds 100% of total project costs.

  • This lender does NOT require the borrower to pay for the due diligence (underwriting) that they will conduct to close the loan, but will deduct those amounts from the client's Commitment Fee.

  • At closing the Lender will REFUND the remainder of the Commitment Fee to the Client.

  • The lender can allow for the First Year's Interest Payments to be deferred for 12 months. 

  • No prepayment penalties.

  • After project completion the loan can be refinanced or paid down as cash flow allows.

  • Loan is non-recourse to the Borrower.

FREQUENTLY ASKED QUESTION
WHAT ARE THE LENDER'S REQUIREMENTS?

The lender must be satisfied with the feasibility of the project and that there are no major environmental issues that would prevent the project from proceeding and that the client will have all government entitlements and approvals in place by the date of closing. 

 

The lender must also be satisfied with the financial condition of the borrowing entity and its principals.

HOW WILL THE FUNDING OCCUR?

The funding can occur either in a one time payment or in a draw down schedule as may be requested to meet the needs of the project and borrower.   

CONTACT US

 

The Rosewood Court Building

2101 Cedar Springs Rd. Ste. 1050 

Dallas, Texas 75201

USA

 

o: 1.877.827.2559

f: 1.469.444.5013

 

AccountExecutive@VicsarGlobal.com

© 2020 by Vicsar Global Finance LLC