100% FUNDING of COST (BORROWER NEEDS 20% to 25% cash deposit) see program>>
- FROM $500M to $5B
24, 36, 48 MONTH CONSTRUCTION phase (INTEREST ONLY through interest reserve)
ROLLS automatically TO 15 to 25 YEAR PERMANENT LOAN FULLY AMORTIZED
- LOW FIXED RATE INTEREST DURING CONSTRUCTION & PERMANENT LOANS
- NO APPLICATION FEE or FEE TO RECEIVE TERM SHEET
- NO OBLIGATION TERM SHEET IN LESS THAN 7 DAYS AFTER SUBMISSION
- POINTS AND CLOSING COSTS PAID AT FUNDING FROM LOAN PROCEEDS
- NO PREPAYMENT PENALTY AFTER 12 MONTHS
- LENDER FUNDS 100% COSTS OF PROJECT
- BORROWER'S DEPOSIT STAYS IN BORROWER'S ACCOUNT AT APPROVED BANK
- 100% IRS AND FinCEN COMPLIANT
- CLOSING WITHIN 10 DAYS FROM EXECUTED LOAN DOCUMENTS
COMMERCIAL CONSTRUCTION FUNDING
BCG has access to PRIVATE FUNDS
as capital sources for projects
IMPORTANT CRITERIA
SCROLL DOWN
Connecting your Projects with strong sources of Capital
Funding
Docs
Final
Approval
Term Sheet
Submit
The Bollinger Process
100% funding of total PROJECT costs
REQUIRES 20% Developer cash deposit of TOTAL project costs deposit HELD IN THE DEVELOPER'S OWN BANK ACCOUNT
Projects costing over $200M may require a lesser amount of Cash Deposit depending on construction period draw schedule
Bollinger Capital Group's Funding Source can close loans within 30 days from submission of a project and issuance of a Term Sheet (LOI) from our funding group. The timing of a project's funding is dependent upon the due diligence information from the developer being available for underwriting's approval whereupon a final loan commitment and approval can be issued and thereafter loan documents are prepared for closing.
Bollinger Capital Group
Funding
Underwrite
Closing
Allow BCG to help you structure your capital stack to maximize your profit and return on your project investment
program available
PROJECTS IN MARKETS WITH strong DEMAND
- EXPERIENCED SPONSORS/DEVELOPERS
- NEW CONSTRUCTION or VALUE ADD
BCG is a consulting firm that connects projects with real sources of capital through our
EXCLUSIVE FUNDING relationships
pROGRAM
- Requires a Cash Deposit - Funder funds 100% of project
- Cash Deposit held in Depositor's own account during the construction phase (draw tranche schedule) in a non-depletion account and Cash Deposit funds can never be used in the project
- The Cash Deposit is 20% for projects from $100M to $2B but the Cash Deposit may get reduced depending on your project's total cost, monthly draw schedule amounts and the length of the construction draw period
IMPORTANT NOTICE:
Bollinger Capital Group, LLC is a consulting firm for the purpose of introducing a Developer or Borrower to capital sources for financing projects. BCG is not an agent or a broker. BCG is not responsible for the accuracy or validity of any information provided by a Developer/Borrower to the capital source or provided by the capital source to the Developer/Borrower whether or not that information is sent directly between the Developer/Borrower and the capital source or through the Consultant by either the Developer/Borrower or the capital source to be delivered to either the Developer/Borrower or the capital source. Furthermore, it is acknowledged by the Developer/Borrower and the capital source that BCG has no liability for any information the Developer/Borrower provides to the capital source directly or the capital source provides to the Developer/Borrower whether sent directly between those parties or sent to BCG by either the Developer/Borrower or the capital source to be delivered to either the Developer/Borrower or the capital source. BCG is not responsible to negotiate the terms of any agreement(s) between the Developer/Borrower and the capital source of funds as those negotiations shall be entirely between the Developer/Borrower and the capital source of funds. The BCG is not responsible for any agreement(s) reached between the Developer/Borrower and the capital source of funds nor for the perfection of or the performance of any agreement(s) between the Developer/Borrower and the capital source of funds. The BCG’s only function with, for and/or between the Developer/Borrower and any capital source providing or proposing to provide funds or receive funds as contemplated between them is only to introduce the Developer/Borrower and the capital source and help facilitate that introduction for a positive relationship that may result from such introductions.
Additional Provisions and Disclosures
Bollinger Capital Group, LLC is not a lender. It has no role in the approval of a loan from any capital source. There is no assurance that BCG will be able to make introductions to capital sources of funds for any Developer/Borrower or vice versa. BCG cannot guarantee financing will result from such introductions. Both Develop/Borrower and capital sources agree that BCG will not be liable to either Developer/Borrower or capital sources for any losses or damages whatsoever in the event financing is obtained by Developer/Borrower or is not obtained by Develeper/Borrower. BCG is a consultant and is NOT acting as an agent or broker for either Developer/Borrower or the capital source of funds. Additional points and fees may be due directly to the capital sources of funds, a lender, a collateral provider, an equity provider or a joint venture partner and/or other funding groups or sources of funds that the BCG is not a part of. Developer/Borrower is aware and authorizes said fees and points to be paid directly to Lender out of loan proceeds at loan closing or by the terms of the agreements between Developer/Borrower and the funding capital source. Developers/Borrowers may also be liable for any fees to pay their own consultants, agents, brokers and/or representatives outside of any agreement with BCG or the capital source. BCG may have to pay referral fees to other parties and Developer/Borrower expressly authorizes BCG to pay the referral fees within the terms of those separate agreements with one another after funding occurs. The Developer/Borrower or the capital source may not be a party to those agreements between BCG and any referring parties. Fees that Developer/Borrower may be responsible for could include loan origination fees, specific due diligence costs from the lender, escrow and closing fees, title insurance, attorney fees, escrow fees, notary, tax services, recording, structural/seismic reports, environmental reports, survey, credit reports, commitment and stability fees, appraisals, marketing reports, feasibility studies and other reasonable expenses requested by capital source. All projects and loans are different and there is no set basis for additional fees and Developer/Borrower should be prepared to pay for these fees as part of any funding, however, BCG shall have no authorization to order such third party work or payment and such authorization shall be strictly between Developer/Borrower and any capital source of funds.
submission process
PROVIDE the following items to be reviewED by funder
- Executive Summary - Full information on Project & the Developer's history & experience
- Proforma of Total Project Costs
- Proforma of Five Year Operational Projections after construction & completion (Revenue, Expenses & Net Income)
- Draw Schedule (Monthly Tranche Schedule over the Construction Period)
- Proof of Funds for 20% or 25% Loan Model (Bank Statement and Letter stating funds are for this project)