Siva Pillarisetty - Official Representative & Member - Marketing Manager in USA at Plate Company - Limited, Official Representative & Member at Golden Crown Group Canada, Inc - YEAR 6 WITH PLATE/GCGC COME MARCH 2022
Get in touch with me at siva@platecompany.org or US Cell/Whats App:1.224.216.0334
- Loan/Transaction Originator & Processor.
- Initial Due Diligence & Underwriting.
- Servicing of deal flow.
- Cooperation set up with multi national companies providing a value add service.
- Packaging & bundling of projects for funding.
- Packaging & bundling of M & A deals for funding.
- Packaging & bundling of Refinance/Recapitalization of companies, governments for funding
Our financial partner is an institution that owns 30 banks that mandated us as their official representative(Underwriter). We handle everything from start to finish for them such as intake, pre underwriting, onsite visit & due diligence, underwriting, closing, funding, loan monitoring, auditing, servicing, etc. The mandate is a contract/license they issued us to do this work for them. Thus, we are not a broker, and are the funding. Capital is in place.
- Deal has to be fully ready with a highly detailed set of documents.
- Funding Timeline: 90-120 days.
- Rates: 2-4.5%
- Tenure: 1-20 Years
- Amounts: 20M - 100B USD ( 10M USD min on a case to case basis)
- Type: Simple interest loan , debt finance, equity finance, line of credit, etc.
- Area: USA, Canada, Europe, and most other parts of the world.
- Success Fee: 1-5.5% ( loan amount can be increased to cover this cost. )
- Costs : Loans are for 100% of the development/transaction, but will not cover pre development/transaction costs to get project ready with a highly detailed set of documents, collateral or financial insurance( we can facilitate insurance to cover collateral gap), our retainers for DD, travel, cost of response preparation to items on DD report, etc. You can see by this, far less is required by the borrower, than other types of loans or financing where you may have to put up 5-35%.
- We want to be the only lender involved.
- Retainer for Stage 3 DD is based on the loan amount and is not negotiable. No lender will pay for Due Diligence. Retainer for DD is refunded at close and can't be financed into the loan.
- No upfront fee for desk review and intake of funding request so we can issue the LOI/DDSA after completing Stage 1 & 2 DD.
- In stage 1 & 2 DD we confirm we have interest, high chance of successful funding, data shows the deal is sustainable, viable, feasible, profitable, collateral declared is acceptable, or deal qualifies for financial insurance instead of collateral.