Construction Funding Initiatives

Funding for Green Projects and LEED Certified Developments is available - Better Yet - Lenders are Looking for the Opportunities to Provide Funding.

By Arthur T. House

I am writing you to introduce you to a dynamic and progressive firm; Providence Commercial Capital, (PCC). I’ve rarely written e-mails such as this in the past, but I feel compelled to share this as my focus is on creating economic opportunities for construction firms. And because, PCC specializes in “project finance” of larger Real Estate Developments and “Green” LEED projects of all kinds from 2M to no maximum loan amount, this may help you to increase your revenue by assisting your clients.

 

PCC stands out to consultants and industry leaders by providing unique funding solutions to valued clients even in today’s ever changing capital markets.

 

Their relationship to rare funding sources offering unique terms, flexibility, rates and capacities uncommon in the marketplace today is what sets them apart from traditional lenders, and can significantly change the way Developers and Investors are able to fund their projects and assist in growing their companies.

 

A recent communiqué from PCC pointed out how by combining their resources with unique funding programs, they are able to achieve results like this:

 

·         High  LTV Project Financing (up to 90% is achievable)

·         Requires between 5%-10% Cash Equity Contribution.

·         Non-Recourse  funding …. and the loan is project specific.

·         Funding from $2Million USD. No Maximum.

·         Financing approvals within 24-48 hours. Funding in as few as 60- 90 days.

·         Highly competitive interest rates, (currently in the 2.5-4%) range. No “hard money”

          rates  here. (Rates are extremely preferential and low for LEED Projects and

          “Green” initiatives and for substantial projects of Humanitarian benefit.

·         No minimum credit requirements- (The project qualifies for the loan…not you.)

·         No “UP Front” cost or application fees.

·         Projects above $10M preferred, smaller projects accepted.

·         NCND Agreement Required.

 

There are no upfront fees to PCC whatsoever to qualify for a Loan program. You pay absolutely nothing until your project is successfully funded. In fact if your project is accepted, PCC funding sources even absorb the underwriting cost which normally runs 15k-35k USD.

 

You now have high probability of achieving up to 99% financing on your development project.  If you are currently looking for project funding and are looking for an alternative to your bank, then you owe it to yourself and to your clients to contact PCC for more information. We will need a complete loan package to present to our Lenders. There are “No Tire Kickers allowed Generally this is no more than what is required from any bank for your project.  The difference being, PCC has the funding sources, actively seeking to fund projects, not give excuses on why they can’t.

 

Providence Commercial Capital has a committed relationship with exceptional lending sources.  Combined with their experience and ability to package the loan request in the most favorable manner, your likelihood of successful funding is greatly enhanced.

 

Give me a call or a brief email drathous@gate.net or visit  www.DeveloperMoneySource.com for more information.  I look forward to personally working with you in any capacity that makes sense for the both of us.  My number is 207-338-5285.  PCC works hard for your business and earns it the old fashion way…. with results. The world of commercial lending and project funding  has changed and it’s going to change even more.

 

 If you are waiting for the economy to turn around and banking to be like it once was, you could be waiting for a day that will never arrive.  If you are in need of funding, let them hear from you… you may be able to get your project underway much sooner than you thought.

 

It costs nothing to talk to me. Even in these hard economic times, my clients are writing business, and their clients are getting funding. I am that guy who puts companies to work. I have consistently created an annual average of $75 million in new business over my career.  I want to see the industry flourish once more. It will cost you nothing to call me and see what it is that I can do to help my clients to attain their goals. Contact me at any time. My objectivity may just help you to expand your horizons and provide value to your clients. That is a winning formula.  

     Respectfully;

      Arthur House

 

Neither the information nor any opinion contained herein constitutes a solicitation or offer to buy or sell securities, futures, options or other financial instruments or provide any investment advice or service. Any enterprise contemplated in no way relies upon or is related to current Securities laws and regulations and does not involve the sale of registered securities. I am not a licensed broker to sell securities or a trader. I or any company I am affiliated with does not render investment, legal or accounting advice.

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The Construction Management Institutes of Miami and Maine - 56 Stephenson Lane, Belfast, ME 04915  - 207-338-5285