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Program SA3 Joint Venture Fund

 
Lender United States Lender
Security First charge over Applicant's Project along with a corporate guarantee. Personal guarantees are not required.
Currency Generally US Dollars
Term By negotiation
Rate LIBOR + 1.75%. Humanitarian projects will also be considered
Loan to Value Ratio Up to 98% of cost/value. Borrower is required to deposit, in escrow, a minimum of US$2.5 million but preferably 2% of the requested loan sum.
Equity Requirements Lender requires 20% equity in the Borrower's Project plus 2% brokerage fee deducted from the loan proceeds at closing.

All Applications Must Be Submitted In English

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