- PRIVATE CORPORATE and GOVERNMENT SUPPORTED PRIORITY PROJECTS
"YOUR FINANCIAL RELATIONSHIP PARTNER"
Welcome to
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Private, Public Project Loans
Private Corporate Loans
Prospective Project Funding introduces Lenders where structured terms and conditions commonly rely on the development project to provide a revenue stream to repay loans on the private lenders investment.
Loans sought are under very reasonable expectations - there may be loan interest payments only and/or no principal payments necessary while the project is brought to completion and
LOW FIXED INTEREST
upon project completion.
Some applicable revenues for your loan repayments upon project completion may be through taxation, tolls on roadways, sales of products;
whatever the revenue stream it is important to any application evaluation seeking funding for the lender to understnd the repayment intent and plan.
Project application acceptance is usually based on the qualification and expectation for a return on investment for the Lender over the long term. This return could be from seven to twenty five years or more, depending on the industry classification and project category.
It is fully understood that some projects are community service oriented, they in themselves may not have a strong revenue stream, but public service taxation directly or indirectly usually applies.
Feasibility studies can be included in the requested funding arrangement, BUT an initail outlined plan should be in place in order to have the beginnings to structure the financing of a loan..
What should be requested is a total estimated project funding requirement, with an estimated monthly draw down schedule for release of funds over the construction period of the project development. Project cost estimates are important so the correct amount of loan funds are requested.. The planned project evaluation is an important part of the loan request.
Our Lenders specialize not only in structuring “Private Project Loan” arrangements, but also arranging for supervision and monitoring , on sight, the milestones of progress for release and disbursement of funds. This entails the monitoring for accountability of the use of funds. Assistance to implement the monitoring and system of delivery of funds to the project monthly or bi-weekly, always mindful with security of funds, is managed through engineering reports and the use of sound accounting practices.
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PROCEDURES for Private Project Loans
Prospective Project Funding is very capable in structuring “Private Project Funding” for projects, provided the criteria outlined is followed and agreed to between participants entering into the financial business relationship. Whether an application request is for: Private Structured Corporate Loan Funds or Public-Private-Partnering (PPP) between a Government and a Private Corporate entity, each having their own project agenda, the many differing situations can be accommodated.
The procedures are straight forward and concise, and under a collaborative and cooperative effort, can be completed reasonably quick - possibly within sixty to ninety business days. All documents are clearly stated with no onerous language or complex requirements. Prospective Project Funding strives to make this a pleasant experience by providing intelligent, mature and business personnel, combined with basic understood language and procedures
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Each application received is attended to, evaluated, due diligence taken on persons and companies involved, then we forward a reply of Terms and Conditions for us to proceed to work together.
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"Your Financial Relationship Partner" Private Corporate Loans
The minimum project value amount for "Private Structured Loan Funds" is reasonably low, but please remember that under the classification of infrastructure and larger project funding, it is generally dealing with projects starting in the category where our Small Project Loans do not fill the request for millions and/or MULTI Millions of dollars required, both for Private and Government supported projects.
Many of these projects also extend into reaching development costs into millions and even Billions of dollars for major infrastructure and development projects. Higher project values, or an accumulated list of projects to attain higher values, are expected from Government and larger corporate entities, all are well within our introduced lender capabilities. All project applications are openly welcome.
Many times the EPC contractor is provided with the offer of a financial security instrument to finalize and complete the Private or Government projects. Inn order for the Lender to utilize these financial instruments they would need to be assigned to the Lender, directly by assignment, but always under a contractual base involving the Client and the banks to secure each party's position.
Contact us concerning this topic and we can explain how a group of projects can be funded over the time period of development, but please read through the relevant website pages to gain understanding of limitations and be able to ask questions of your concerns.
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Roads and Highways * Recreational Parks Street Repairs , Waste Water Treatment & Distribution Garbage Recycle & Collection Potable Water Facilities & Distribution, Power Dams, Educational Facilities, Sports Arenas Electrical Power Distribution, Shipping Ports ALL Types of Energy Projects, Green, New Technologies and Upgrades Industrial Parks, Hotels & Resortsand much more
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SUPPLIERS AND CONTRACTORSThe suppliers, contractors and service related companies involved in the work on the projects where placement of our Prospective Project Funding “Private Structured Project Funding” is used; are expected to work under a code of ethics similar as outlined under our Corporate Governance section of this website. The monitoring, through our independent engineering supervisory management teams, work directly with and for Prospective Project Funding as the Loan Administrator.
Each supplier, contractor or service company is commonly vetted and approved for project participation through a registration process by the project owners, keep in mind that Prospective Project Funding's own contractor and supplier registration process is very important in assisting project owners through this process.
This does NOT undermine the private corporate or primary contractors and their procedures to hire sub-contractors and suppliers, we only wish to know that the contractor abides under a code of ethics policy in place. This standard is in place to minimize concerns as to inappropriate practices and to avoid the problems this creates for others involved in the ethical state for use of funds.
We also invite new technologies into our funded projects through our supplier and contractor registration process and suggest to the project owners, their project managers, and engineers, that these new technologies be considered, when applicable to any particular project development. In most cases we are prepared to provide additional funding for these new introduced technologies if it modernizes and enhances the project value. Recommendation for all Prospective Project Funding registered and screened suppliers, contractors and service companies may be made, but the final decision lies with the project owners.
Each supplier, contractor or service company is commonly vetted and approved for project participation through a registration process by the project owners, keep in mind that Prospective Project Funding's own contractor and supplier registration process is very important in assisting project owners through this process.
This does NOT undermine the private corporate or primary contractors and their procedures to hire sub-contractors and suppliers, we only wish to know that the contractor abides under a code of ethics policy in place. This standard is in place to minimize concerns as to inappropriate practices and to avoid the problems this creates for others involved in the ethical state for use of funds.
We also invite new technologies into our funded projects through our supplier and contractor registration process and suggest to the project owners, their project managers, and engineers, that these new technologies be considered, when applicable to any particular project development. In most cases we are prepared to provide additional funding for these new introduced technologies if it modernizes and enhances the project value. Recommendation for all Prospective Project Funding registered and screened suppliers, contractors and service companies may be made, but the final decision lies with the project owners.
Criteria Checklist:
The amount of “Private Structured Project Loan Funds” made available begins upon evaluation of the application and acceptance of each project on it's own merit. There must be bankable collateral available for each project's support. Projects that have no collateral and/or start-up capital are difficult to fund - asking us to fund and take all the risk on the viability of the project, is of minimal opportunity to receive an acceptance of your application for funding.
The collateral can be in many forms, but must be "bankable". Acceptable forms of collateral may include financial bank instruments, partial cash funds, precious metals, diamonds, crude oil contracts, and other forms that may be available for our acceptance. If the project has been brought to the stage where funding was not prearranged, and you are now seeking funds because you have run out of cash; unless you can attain a support cash collateral to the value of the assets you hold in the project.
NOTE: Collateral need not be equal to the project value in all cases, what is important is the bankable value of the collateral. Financial instrument collateral to be acceptable usually is dependent on the credit rating of the issuer.
Government's also issue support collateral for projects - we welcome the collateral support from Governments, including: Sovereign Guarantees, Government Bonds, Municipal Bonds and/or many other forms of Government issued collateral as available.
Collateral should be in the project by way of cash held funds, bankable resource assets, Sovereign Guarantees, Government Guarantees, Letters of Credit or any other bankable asset that can be acceptable for monetization. The minimum amount that should be standing as cash or cash equivalent value is generally requested to be in the range of twenty to thirty-five percent (20% to 35%), however, this is totally dependent upon the project and other circumstances and criteria surrounding the application made.
Bankable collateral availability must be presented first in the beginning of any request for funding. Collateral is a must in order to receive funding toward the project.. The ratio of collateral bankable value to the funding request varies and must address several factors for final funding approval.
We address many favorable factors in preparing a loan for projects - loan grace periods, longer terms for repayment, lower long term fixed interest rates, interest payments that begin calculation once the project is completed just a few of the perks making loan funds affordable and favorable - apply!
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STEP ONE
Visit our CONTACT PAGE to order the application documents - this is the beginning of the process, without the documents in the format we request, no consideration for any loan would be entertained. DO NOT ask us to review your project and provide opinion on the possibility of a loan unless you make submission according to the application documentation.
Once the application documentation is ordered, we send forward and invoice for payment. When payment is received we then begin our work to align the lender to the request made.
The application is sent to your email within Seventy Two hours (72 Hours) on regular business days. Your order will automatically register your name for us to receive your application. The documentation you order is the first step to the application process. Please fill out and sent forward including the requested information - if all information is not available, send it forward and we would assist where possible to set the application forward. We always reply to your application and acknowledge follow through criteria.
STEP TWO Additional to the application form required attached documentation should include an Executive Summary of the project. We do not need a detailed business plan in the beginning stage, we will ask for that after acceptance of the application.
The Executive Summary should be concise and relate well to what is desired and include: a SHORT description of the project, the time element to completion of the project, the amount of funding required for the project with a anticipated MONTHLY or BI-WEEKLY draw down schedule for the funds would be helpful - if more than one project, because of the accumulation of projects, then we would expect each project identified individually.
NOTE: We do NOT require at this time extensive feasibility studies and schedules, that will be requested after initial acceptance and approvals for funding are granted.
Many times the costs to provide extensive detailed feasibility studies are requested to be within the funding portion of the overall loan.
The BI-WEEKLY and/or MONTHLY DRAW DOWN SCHEDULE expectation for receiving of funds should be provided, even as estimated, with the application documents, if possible.
STEP THREE
The documentation is to also include the collateral proposed to be brought forward with the project. Our acceptance of collateral is discussed above on this website page - PLEASE identify the collateral form and the value of that collateral. NOTE: We do not guarantee that your particular collateral is acceptable through to our banking relationships, but this will be addressed on a case by case basis.
STEP FOUR
This step involves, after submission of the completed application, the issuance by Prospective Project Funding, of a MEMORANDUM OF UNDERSTANDING (MOU) outlining the format structure under which we are prepared to provide the introduction of the Lender to provide the loan for the project.
Administrative services that follow usually include: organizing with client the format of presentation to structure the project funding, assistance and preparation of all appropriate documentation, collateral participation confirmation and verification of those collateral arrangements, possible monetization of assets, and the other initial due diligence items in order for final application approval. Then the beginnings of the final Loan Agreement begins to be under negotiation with the Lender and Client. STEP FIVE Initial business communication takes place with discussion under mutual optimism for all to realize the continuation of a working relationship. The MOU negotiation finalized, returned and signed back with notarization of all signatories. The final loan agreement is negotiated through involvement of Prospective Project Funding, their introduced Lender and the Client. Once the financial Loan Agreement commitment is in place between Lender and the Client, then all immediately begins to move forward as to procedures agreed within the Lender/Client loan contract.
Administrative services that follow usually include: organizing with client the format of presentation to structure the project funding, assistance and preparation of all appropriate documentation, collateral participation confirmation and verification of those collateral arrangements, possible monetization of assets, and the other initial due diligence items in order for final application approval. Then the beginnings of the final Loan Agreement begins to be under negotiation with the Lender and Client. STEP FIVE Initial business communication takes place with discussion under mutual optimism for all to realize the continuation of a working relationship. The MOU negotiation finalized, returned and signed back with notarization of all signatories. The final loan agreement is negotiated through involvement of Prospective Project Funding, their introduced Lender and the Client. Once the financial Loan Agreement commitment is in place between Lender and the Client, then all immediately begins to move forward as to procedures agreed within the Lender/Client loan contract.
