Monday, December 20, 2010

Hotel And Motel Construction Lending

TRTY         Nationwide
AMNT        $7M - No Max
LTV           96% LTC to 71% ACV
                 4% given by 2nd investor
INT           12%
PTS           6 + 2 = 8 (All Rolled Into Loan)
TRM          12 - 36 months
CRDT        None
PPP          6 month guarantee

No Up Front Fees
Lending For Oil & Gas, Lender will pay for reserve report
Lending on Energy Projects includes: Wind, Bio Diesel, Solar, Etc.

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