presentation offer - loans and jv financing

8/4/2019 Presentation Offer - Loans and JV Financing

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EURO FINANCE & INVESTMENT S.R.L. http://fundingsolutions.cabanova.com

profesional financial consultation ● documentation preparing ● funding facilitator ● financial and commercial brokerage

http://fundingsolutions.cabanova.com / Mobil: + 40 744 174720 / e-mail: [email protected] / 22 August 2011

Our company is an independent consultant and it works in collaboration withvarious financial services companies having global lenders for project financingworldwide. Please find below an example of available financing programs:

Program # 1

USA AND INTERNATIONAL PROJECT TYPES:

• Alternative Energy development projects• Apartment Buildings• Office Buildings• Commercial• Condominiums• Construction/Developments• Raw Land• Acquisition and Development• Medical Buildings• Multi-family• Mixed-Use• Retail Centers• Hospitality• Golf Courses, etc.

LOAN SIZE: $1M (USD) minimum USA; $5M (USD) minimum International;

INTEREST RATES: On development projects, generally speaking (depends on the specificproject), our Lender/Investor underwriting sources can typically provide up to 75% loan tocost or 80% loan to value, whichever is less, and higher leverage funding with equitycapital, if needed.

As such, they can typically provide a 2 to 3 year loan term for the construction at typically2.00 to 4.00 basis points over the U.S. Bank Prime rate or LIBOR; then a 3 year mini-permloan to stabilize the project, at typically 2.50 or more basis points over the 3-Year Treasurybill; then permanent financing at the end.






The permanent financing will vary by property type but usually they can provide a 30 year amortization and 10 year fixed rate financing that is a margin range of 2.00 to 3.50 over the10-year Treasury bill.I am looking forward to hearing from you in order

Program # 2

Joint Venture Financing Program:

Our financial partner has a source that can provide 100% equity financing that covers allproject costs including: land acquisition, development, and construction and equipmentcosts. There is no interest charged during the term of the investment. Instead, the fundtakes a minority equity position within the proposed project as compensation for theinvestment, with the buyout options determined during formal underwriting.

Joint Venture Investment Criteria: financing for all types of commercial real estate andalternative energy projects. In general, they must meet the following criteria:

The project is NEW DEVELOPMENT ONLY, and requires an investment of $10million or more;

The project must be shovel-ready--defined as ready to break ground in 90 days or less;

The project must be sponsored by an experienced developer with a significantfinancial stake.

Joint Venture Project Types: (NEW DEVELOPMENT ONLY)

Hotel Resorts and Casinos Assisted Living/Senior Housing Apartment Buildings/Multifamily Housing Alternative/Renewable Energy (i.e., solar, wind, hydro, geothermal, etc.) Green Energy (i.e., biofuel/biodiesel, biomass, waste-to-energy, etc.) Hospitals and Health Care Facilities Infrastructure (roads, highways, rail, etc.) College and University Buildings Public-Use and Recreational Facilities






Industrial Projects Other Related Types

Locations: USA and International, excluding: China, India, Africa, Russia and the MiddleEast

Joint Venture Terms:

100% equity financing Typically three to five year term Non-recourse financing No interest payments during term of investment Minority equity stake in lieu of interest Take out with permanent financing or sale

Time to Closing: 90 to 120 days

Joint Venture Refundable Due Diligence Deposit

As a condition of financing, the investment fund will require a fully refundable due diligencedeposit that will be used to cover their underwriting expenses. However, if the project failsto close for whatever reason, the deposit will be returned in its entirety. Guaranteed.

Joint Venture Equity Participation: During formal underwriting, the fund will determine itsequity participation in the project--typically 15%-25%. As such, they will take a minorityinterest in the project until completion/stabilization when they will look to exit the transactionvia refinancing, sale of the project, etc.

Equity Financing Advantages:

The developer pays no interest during the entire construction period--potentiallysaving millions of dollars in interest expense;

Because the fund participates as a 100% joint venture equity partner, they assumenearly 100% of the project risk until completion or stabilization;

Rather than the typical equity of 20% - 40% or more that is required in a traditionalfinancing structure, the developer will only be responsible for a refundable due






diligence deposit. This will allow the developer to reduce their up-front capitalrequirements while retaining a larger percentage of the project.

Program # 3

PROGRAM DESCRIPTION:

Sale-Lease Back Finance Program for Renewable Energy Projects(Wind, Solar, Bio-Mass, Hydropower, and Geothermal; it is not for any Ethanol or Bio-Diesel projects).

· $25M Minimum Funding Request Requirement

For both USA and International projects (USA-friendly countries) For either shovel ready development projects and existing projects Fully capitalized lease for the term of the Power Purchase Agreement (PPA) or off-

take agreement (at least 10 years; preferable is 20 years or longer) Credit underwriting is based on the credit worthiness of the PPA or off-taker (with a

BBB credit rating or better); may be able to do an insurance wrap as well Funding of up to 100% of the capital needed for the project (provided the project

cash flows at the required ratios) Transfer of all assets to operating company once all lease payments have been paid

free and clear (for minimum transfer fee) Low capital cost (beginning rate in the 4.5%-7.5% depending on credit rating of

PPA/Off-taker) Time to Closing-60 to 90 days Prefer take-or-pay PPA or off-take agreement

1.5 DCR or better

Also, they can do any type of real estate projects that have a long term lease; 20 years or more that is guaranteed by a BBB credit rating or better or insurance company or bankguarantee.

They may be able to use the existing third party reports that have already been obtained.






Once the project has been reviewed and the Lender is on board with the project, then our Lender/Investor underwriting group will ask for an engagement agreement, along with afully refundable deposit of $30,000.

The above outlined program is subject to change in regard to rate and terms and other conditions.

Our company is an Agent of an International Private Bank that does not operate from theUnited Kingdom and does not offer its products and services to residents or nationals of theUnited Kingdom.

The International Private Bank offers to its shareholders products and services only in thefield of trade finance:

any type of guarantees and warranties - BG – Bank Guarantee

standby letters of credit - SBLC – Standby Letter of Credit

documentary letters of credit - LC – Leter of Credit

The sister company of the International Private Bank provides further products and servicesnot only in the private banking sector such as:

- cash management;- capital markets;- account management;- credit cards;- E-Banking

but also in the corporate banking sector such as:

- international payments;- leasing;- trust services.

presentation offer - loans and jv financing

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