OMEGA FUNDING, INCYour one source for Business Financing. 720-279-4345
| |
| Home • Business Financing • Asset Based Loans • EEquipment Financing • Hard Money • FAQs • Contact Us • Brokers • Company | |
|
Hard Money Loans Private Equity and Joint Venture Finance They are called hard money loans because your bank will not touch them. They are also secured by hard assets and have at least 50% equity. Eligible Properties:
All commercial properties including:
Fees and Terms: Max LTV: Varies by Property type. Must be "as is value" If used for construction or rehab can be based on improved value. LTV: up to 50- 75% 70-75%% on incoming producing properties 60-65% On non-incoming producing commercial properties 30-50% Land We accept seller seconds. Borrowers must have at least 10% cash down. Points: 3-7 points.* Rate: 8% - 16% Terms: 90 days to 3 years. I/O option payments. Interest reserve may be included. For certain projects we may go up to 25 year terms. Foreign National Loans Available Min Loan Size: $150,000 Max Loan Size: $250 Million Closing Time: 5-15 days Area: USA, Mexico, Canada, Caribbean, and others case by case. For international min loan amount 2MM. Outside of USA rates and points will be higher. Upfront fees limited upon acceptance of letter of intent. Or depending on collateral and terms. Fees may investor's due diligence; including appraisal, reports, title, background checks, and travel to property if needed. *Due to new company policy a consulting fee may be required to expedite and secure your loan requests. This consulting fee may be refundable if we cannot locate a bona-fide lender for your project. Please ask your rep about more details or refer to your specific agreement. Business Loans, factoring, omega funding, hard money loans, hard money lender, commercial mortgage, cash advance, small business loans, commercial loans, factor, hard money broker, land loans, hard money land loans, rehab loans, asset based lending, land only loans, SBA loans, financial plans, purchase order financing, factoring finance, invoice funding, invoices factoring, refinance hard money, hard money colorado, land loan in California, land loan in Colorado, land only loans, hard money, hard money land loans in Colorado, raw land financing, raw land financing in Texas, Raw land financing in California,commercial, commercial hard money, hard money loan in utah, hard money loans in denver, hard money land loans in colorado, hard money land loans in texas, privste equity loans in texas, no fee hard money loans, apartment hard money loans, commercial hard money loans, hotel hard money loans, private equity nationwide lenders, no upfront fees hard money loans, hard money loans in florida, florida hard money loan, florida hard money land loans, florida hard money equity loans, residential condo loans, commercial condo loans, loans, kennedy funding, ksi funding, kennedy group,remington financial, DEVELOPMENT FINANCING, resort financing, energy financing,hard money international loans,private investor,private investment banking,joint venture money, joint venture projects, private finance money, kennedy funding, ksi capital,remington financial, no upfront joint venture |
HARD MONEY LOANS: For all commercial property types and any profile on borrower. Quick Turn around time for funding with higher points and rates than traditional loans. Funding in days not weeks. Bank taking too long? Get funding in days not weeks. Typically funding 1-2 weeks. These loans are based mainly off equity on an existing property. We will only lend on a first position. We will need appraisal of property, in most cases we will order the appraisal ourselves. We usually do not accept your appraisal for funding. All taxes and other liens will need to be paid off at or before closing. We do not make residential loans for hard money. We can lend to corporations but will need personal signer. We usually do not require: Tax Returns or proof of employment
On commercial properties due diligence fees may be required. *
Too expensive? How expensive is a lost opportunity? How long have you been waiting for your bank to approve you? All we need is the above items, That is all! Most hard money loans fund within 2-3 weeks of the letter of intent. CALL 720-279-4345
- Private Equity and Joint Venture Finance We have secured direct relationships with private venture capital groups and private investment banking groups. This private financing money is used for the following guidelines: -$25 MM USD min loan amount -We have access to for funds up to $500 MM USD -Joint Venture Investors with payback schedule up to seven years on certain projects We will consider:
We will only work direct with project principals. Projects to be considered must include:
No huge upfront fees all points paid at closing. After our prelim screening and review of project we will bring you face to face with the decision makers and "check writers". No other brokers no middle men. All projects to be considered must meet face to face with our investors. The due diligence and underwriting process on each project involves many reviews by our investors and its third party analysts. Third party due diligence must be paid by borrowers. Usually projects that are not funded are because of inaccurate or undisclosed factual information. A Term Sheet will be issued upon completion of favorable due diligence and underwriting requirements, and will outline the exact terms and conditions of the capital investment. These are primary equity projects not debt. Time frame can take 60-120 days. |
| Omega Funding © 2007 | Home • Business Financing • Asset Based Loans • Equipment Financing • Hard Money • Brokers • FAQs • Contact • Company • Policies
|
 |
|