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Hidden Traps to Success

Hidden Traps to Success 
The naive believes everything: but a wise man looks well to a matter. – Proverbs 14:15 
Solomon reveals that a similar kind of trap in your personal or professional life can have
an equally devastating effect. What is the name of that hidden trap? Naiveté. And it can
ambush anyone, regardless of their intelligence, education, financial success, or personal
achievements.
Naiveté and IQ 
Naiveté has less to do with intelligence and more to do with the way a person approaches
individual situations and life in general. A naive person tends to oversimplify a situation
and thereby fails to see critical factors that may significantly affect an outcome.
Solomon describes a person as naive when he or she doesn’t “look well into a matter”
before choosing a course of action.
Oversimplification – In Proverbs 1:22, Solomon chides, “How long, O naive ones, will
you love simplicity?” Important decisions are never simple. Dig deeper.
Presumption In Proverbs 27:1, Solomon warns, “Do not boast about tomorrow for you
do not know what a day may bring forth.”
Misplaced Trust – We often put more trust than we should in people whom we don’t
know well. More often than not, people are less capable, less experienced, less competent,
and less honest than they seem to be. People always put their best foot forward, and we
usually make judgments of them in a matter of minutes or seconds.
Superficial Appearances – Our response to a person or a situation is often based entirely
upon appearances. A person may be charismatic or extremely personable, or a business
opportunity may appear extraordinary at first glance. But appearances almost never tell
enough of the story to base any important decision upon.
Laziness – Our natural inclination is to do as little as possible to get what we want. The
same is true in the decision-making process. “Looking well into a matter” requires a lot
more effort and creativity than simply accepting a statement or person at face value.
Haste – When we are in a hurry to make a decision, we will usually make it without
taking enough time to look into the matter thoroughly. In Proverbs 21:5, Solomon warns,
“But everyone who is hasty comes surely to poverty.”
Narrow Vision – More often than not, our vision is far too limited to make the best
decision based only on our own knowledge and experience. Solomon cautions in
Proverbs 15:22, “Without counsel plans are frustrated, but with many counselors they
succeed.”
Integrity – Honest people never think of lying, stealing, or defrauding someone of their
life savings. Such thoughts are so foreign to their character they can’t imagine anyone
else doing such things to them.
Greed – Wrong motives for making a decision can lead you to detrimental circumstances.
Arrogance – Arrogant people often think they’re smarter than everyone else. They don’t
feel they need to seek outside counsel or perform due diligence—they already know what
they need to know. Solomon said, “Pride goes before destruction, and an arrogant spirit
before a fall.” (Proverbs 16:18)
Wrong Priorities – Sometimes a person chooses not to look in depth into a matter before
making an important decision, because they don’t think due diligence is that important.
The Solution 
Diligence is like a giant floodlight: turn it on, and naiveté’s darkness disappears.
Look well into a matter before making any important decision. If a person is truly honest,
they will respect your thoroughness and welcome any due-diligence efforts you
undertake.
Don’t Be Naive When It Comes to Making Wrong Choices 
In Proverbs 22:3, Solomon warns us, “The prudent sees the evil and hides himself, But
the naive go on, and are punished for it.”
Most people rarely find themselves in unethical or illegal situations by surprise. Usually,
they see a red or yellow flag or two first. At that point, they have a choice. Solomon tells
us that a wise man will turn away. Those who are naive, however, see the red flag, feel a
twinge in their conscience, and then choose to keep moving in the same direction.
“There Is a Way That Seems Right . . .” 
In Proverbs 14:12, he says, “There is a way that seems right to a man, but in the end it
leads to death.” Diligently looking into a matter will ensure that doesn’t happen.
How to Make Wise Choices 
 
Choose to Look Well into Matters. 
Seek Outside Counsel – Over and over again in Proverbs, Solomon cautions us to seek
outside counsel. His advice is clear, his wisdom undeniable. Follow it.
Choose Your Friends and Associates Wisely – In Proverbs 13:20, Solomon writes, “He
that walks with wise men shall become wise. But a companion of fools shall be
destroyed.”
But you should be careful about whom you partner with or attach yourself to in any
significant way. Look at a person’s wisdom and integrity. Be sensitive to any red flags
that would warn you of dishonesty. Look at what their priorities are and how they order
their lives. How do they treat their parents, spouse, siblings, or children? What do they
value most? Don’t let yourself become the companion of fools.
Being Prudent Is a Choice You Must Make Every Day 
Being prudent is a decision that needs to be made every time you face an important
decision in any area of your life. Whether you are facing a business decision, a financial
decision, or a personal decision, choose first to “look well into the matter.”

“Who do you want to hitch your wagon to? Someone who HAS been paid, or someone who THINKS they will be paid?”

 

Joseph P. Tufo
CASH FLOW SPECIALISTS, INC.
Alamo California (San Francisco Bay Area)
925-522-0700 Direct 800-669-2700 USA Only
jptufo@gmail.com
joe@joetufo.com
http://www.cashflowspecialistsinc.com
http://www.workingcapitalfast.com

How We Work


Skype: jptufo
LinkedIn: http://www.linkedin.com/in/joetufo
Referral Key: http://www.referralkey.com/joetufo
Facebook: http://www.facebook.com/joetufo
Twitter: https://twitter.com/joetufo

Private Client Services $200k to $500m+, Project Funding, Asset Monetization, FIIC, and Business Consulting

Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation.

Trust, Integrity, and Service: Here Today, Here Tomorrow

Don’t forget our Weekly Wednesday Webinar at 4PM Eastern.

Please click on the link below to read our Disclaimer

Cash Flow Specialists Disclaimer

 

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100% Project Funding Available $2m+ (financial district)

100% Project Funding Available $2m+ (financial district)

 

Conventional Commercial Loan vs. GFC 10/100 Commercial Loan

Conventional Commercial Loan:
1. 30 to 40% down payment to the lending bank. 2. Recourse to the borrower via personal guarantees. 3. Generally require minimum three years financials. 4. Debt to servicing ratio no more than 40% of gross income. 5. Debt to equity ratio of no more than 0.5:1. 6. Restricted by jurisdiction. 7. Come under Bank Act lending policies.

GFC 10/100 Commercial Loan:
1. 10% cash reserve/equity requirement by borrower. 2. Non-recourse to borrower as no personal guarantee is required. 3. Require three years financial statements. 4. Debt to servicing ratio no more than 40% of gross income. 5. Debt to equity ratio of no more than 0.5:1. 6. Not restricted by jurisdiction. 7. Do not come under any bank act or lending policies other than ones that are self-imposed.

EXAMPLE:
GFC
Borrower has a savings account setup with the GFC. Debit/Visa cards are issued and loan proceeds will be deposited to this account.
Asset to Purchase
Borrower
Deposits 10% of loan request into account with the GFC.
Borrower’s bank account with GFC. The borrower draws on the loan as per an approved capital expenditure budget to purchase the asset..

To see if you qualify visit http://www.thegfc.biz and enter agent code ACJT2565CAUS and my name Joe Tufo. It will take three banking days to have you vetted. You will then be provided a user name and password and be able to access the loan application and upload your documents to our military grade encryption website. Underwriting generally takes three to four weeks. Average funding is 120 days. The fastest we have funded anyone is 60 days and the longest 180 days. We move at the speed of the client.

We are a private merchant bank and offshore trust serving hundreds of clients worldwide.

We host live weekly webinars for vetted agents and clients and host bi-monthly dinners in San Francisco for accredited sophisticated investors. Our next dinner is March 26th. 26 have RSVP’d. We have room for 50.

Joe Tufo, GFC Sales and Marketing Manager
925-352-6000 Cell and Text
925-522-0700 Office
joe@joetufo.com
sales@thegfc.biz
Available 7AM to 5PM Pacific M-F
http:www.thegfc.biz

 

Categories
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10/100 Commercial Loan and Project Funding $2m to $1b+

At one time you asked me about commercial loans and/or project funding.
You are welcome to register on our website http://www.thegfc.biz and enter Agent Code ACJT2565CAUS 
We will vet you in two to three business days and provide a user name and password. You can enter our website with your user name and password and open a savings account of $5,000 or more. We will issue VISA and MasterCard Debit cards for you. You will also need to open an International Business Corporation (IBC). The cost is $1,750 in Panama where most clients establish their offshore businesses.
You can then upload your information to our bank encrypted 256bit software and preserve your ideas and identity.
It takes about two to three weeks for underwriting approval and about 90 days to fund. The fastest anyone has been funded is 60 days and the longest has been 180 days. We have had good success with this program having funded dozens for hundreds of millions of dollars.
Are you our next success story?

 10/100 Commercial Loan and Project Funding:

  • Before any loans or project funding will be considered the borrower must apply for the loan or project funding via the applications found under the Banking/Loans/Application tabs.
  • No conference calls will be entertained until a representative of the borrower ie: CEO, CFO, President, Managing Director or COO has registered and applied.
  • Once an application has been submitted and due diligence has been done on the applicant and individual then a conference call can be entered into.
  • After the conference call all due diligence information as outlined in the Application tab must be uploaded for further consideration.
  • A pre-approval will not be issued without all of the above being submitted and followed.
  • The borrower must provide proof of funds and move the money into a third party escrow agent.
  • Once the underwriting department has finished with all of the due diligence on the Borrower, Officer and/or Director then and only then will it be submitted to the Due Diligence committee for review.
  • If the applicant is accepted only at that time will a Pre-Approval letter be issued.
  • The pre-approval letter will have all the terms and conditions outlined within it.
  • Once all subject-to’s within the pre-approval are addressed then the third party escrow agent will be directed to wire the 10% reserve deposit to the GFC.
  • In the event it is a Project Funding request all of the above will need to be followed however the client does not need to use an escrow agent or deposit a 10% reserve amount.
  • Once all requirements are adhered to and a pre-approval letter is issued and authorized by the borrower then the loan documents will be issued and entered into.

*Please note the GFC will not fund raw land unless there are third party assets to collateralize or monetize.

**The GFC will not fund in ground assets.

*** Assets acceptable for project funding:

  • Financial instruments B rating or better
  • Precious metals above ground 95% purity or better (SKR)
  • Precious stones gem quality or better (SKR)
  • Real Estate $10 million or more
  • Corporate stock trading on an exchange; price value $1 or more 6 month average and daily trading volume of 50,000 shares per day 6 month average.

Due Diligence List

 

Please upload the following information inorder for your application to be processed:

1.) Incorporation documents

2.) Officer and Director list with color copy of passports, addresses, phone numbers

3.) Asset and liability list

4.) 3 years financial statements

5.) Banking information – accounts, type, bank name, phone number, bank representative

6.) If factoring please provide the name and address of factoring company and contact

7.) Documents of all assets

8.) Documents of all liabilities

9.) Shareholders list and copies of all shares issued

10.) Contracts for sale or purchase list and documents

11.) Legal firm representing company

12.) Accounting firm representing company

13.) Business Plan

14.) Capital Expenditure Budget

15.) Application for an International Business Corporation submitted

16.) Copy of investment portfolio

17.) Documents on any and all subsidiaries (the same as all of the above)

18.) Copy of any patents pending

19.) Copy of any licenses required to conduct business

20.) Copy of any pending legal issues (lawsuits in process)

 

-- 
Joe Tufo
GFC Sales and Marketing Manager
Auckland,New Zealand
Panama City,Republic of Panama
925-352-6000 Cell
925-522-0700 
sales@thegfc.biz
http://www.thegfc.biz 
Agent Code ACJT2565CAUS
Skype: jptufo
Available 7AM to 5PM M-F Pacific

Monday 4PM Eastern Weekly Conference call Global Financial Center
Please attend our Monday 4PM Eastern Weekly Conference Calls. We are fully transparent and real.
Registration Form URL:	http://www.anymeeting.com/PIID=EC55DE84864F
For quick access to registration.
Tuesday 4PM Eastern Weekly Conference Call GFC Agents Training
Wednesday 4PM Eastern Weekly Conference Call Registered Clients
Categories
Articles for Publication Asset Monetization Film Funding In The News Large Projects Money Available Multi-Family Preparation Private Placement Programs Real Estate Projects Trade Programs

Facts on Project Funding, Exempt Programs 15% to 20% a Month and More Lessons Learned 20120324

Facts on Project Funding, Exempt Programs 15% to 20% a Month and More Lessons Learned 20120324

 

Facts on Project Funding:

If you have a viable project that needs funding we can help you. 

http://workingcapitalfast.com/10100-commercial-loan-program

Underwriting Qualifications:

 

1. $2,000,000.00 (USD) and up.

2. Documents required:

• Business Plan

• Capital Expenditure Budget

• Executive Summary

• Last three (3) years of financial statements

• Incorporation Documents

• Corporate Structure Outlined

• Passports of all officers and directors

• All documents must be submitted to the underwriting department at

www.thegfc.biz Agent Code ACJT2565CAUS Joe Tufo/CFSI

________________________________________________________

 

Here are some other ideas for you:

http://workingcapitalfast.com/project-funding

_________________________________________________________

Traditional Funding sources are “cherry picking” their deals and fewer than 10 in 1,000 are being accepted today.

Consider alternative funding sources and self-fund your viable projects and ideas.

__________________________________________________________

 

Please attend our Mond

ay 4PM Eastern Weekly Conference Calls. 
We are fully 

transparent and real.
Registration Form URL: http://www.anymeeting.com/PIID=EC55DE84864F
For quick access to registration.
__________________________________________________________

 

 

Offshore Private Merchant Banking, Asset Protection, Commercial Loans and more visit and sign up as a Client and/or Agent:
http://www.thegfc.biz Agent Code ACJT2565CAUS
As a registered offshore financial company The Global Financial Center (GFC) provides banking services to sophisticated offshore entities including Trusts, Foundations and International Business Corporations (I.B.C.).
The OECD (Organization for Economic Cooperation and Development) has outlined “know your client” rules that The GFC must adhere to, to maintain good standing with the New Zealand securities commission and with the international financial community.
The GFC does not take citizens of sovereign countries as its clients. Those citizens need to acquire an I.B.C. and/or a Trust and/or a Foundation in order to use the services.
The GFC can assist individual citizens to acquire and setup their offshore structures so they may access the incredible opportunities provided.
These structures may then setup a savings account which a debit/visa will be issued to the signatory to access money on a 24/7/365 day per year basis. Once this is done the client may then allocate their money towards the various investment opportunities available through The GFC and its partners.
_______________________________________

 

Exempt Programs 15% to 20% a Month

We have programs that pay 15% a month AU Peru for 12 months and 20% a month Lloyd’s insurance wrap for 10 months.

These programs are ideal for sophisticated, accredited investors.

Register to access more information:

 

Offshore Private Merchant Banking, Asset Protection, Commercial Loans and more visit and sign up as a Client and/or Agent:
http://www.thegfc.biz Agent Code ACJT2565CAUS

 

 

 

 

As always I am available M-F 7AM to 5PM Pacific to serve you and those whom you choose to refer.

 

Joseph P. Tufo, President

CASH FLOW SPECIALISTS, INC.
925-522-0700 Direct
Skype:  jptufo
Please attend our Mond

ay 4PM Eastern Weekly Conference Calls. 
We are fully 

transparent and real.
Registration Form URL: http://www.anymeeting.com/PIID=EC55DE84864F
For quick access to registration.
Private Client Services $100k to $100m+, Project Funding, Asset Monetization, Onshore and Offshore Financial Planning, and Business Consulting 

Offshore Private Merchant Banking, Asset Protection, Commercial Loans and more visit and sign up as a Client and/or Agent:
http://www.thegfc.biz Agent Code ACJT2565CAUS

Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation. 
Trust, Integrity, and Service: Here Today, Here Tomorrow

Please click on the link below to read our Disclaimer

http://joetufo.com/blog/?page_id=14       
Joe Tufo
GFC Sales and Marketing Manager
Auckland,New Zealand
Panama City,Republic of Panama
925-352-6000 Cell
925-522-0700 
sales@thegfc.biz
http://www.thegfc.biz 
Agent Code ACJT2565CAUS
Skype: jptufo
Available 7AM to 5PM M-F Pacific

Monday 4PM Eastern Weekly Conference call Global Financial Center
Please attend our Monday 4PM Eastern Weekly Conference Calls. We are fully transparent and real.
Registration Form URL:	http://www.anymeeting.com/PIID=EC55DE84864F
For quick access to registration.
Tuesday 4PM Eastern Weekly Conference Call GFC Agents Training
Wednesday 4PM Eastern Weekly Conference Call Registered Clients
Categories
Film Funding In The News Large Projects Money Available Preparation Private Placement Programs Real Estate Projects Trade Programs

Lessons Learned: The Good, The Bad, and The Ugly 20120317

Lessons Learned: The Good, The Bad, and The Ugly 20120317

The Good:

Our Global Financial Center Products and Services are doing well for our Clients and Agents.

Clients and agents are placing funds and receiving 5% on passbook savings annually, up to 7.5% a year on CD’s: they are placing funds in mutual funds, hedge funds, are historically earning 20% a month for 10 months in our Lloyd’s Bank trade that has an insurance wrap with Lloyd’s of London Insurance (minimum $105,000), are historically earning 15% a month for 12 months on our gold buy/sell (minimum $105,000).

Clients and Agents have access to dozens of products and services geared to capital preservation, evergreen gifting ideas, proven methods of saving money on taxes, obtain commercial loans, onshore and offshore financial planning and dozens of great ideas.

http://workingcapitalfast.com/10100-commercial-loan-program

To learn more register here:

Offshore Private Merchant Banking, Asset Protection, Commercial Loans

 

http://www.thegfc.biz Agent Code ACJT2565CAUS
_______________________________________________________________
I host a weekly webinar for clients and prospective clients:
Meeting Details for

“Global Financial Center Limited Client Introduction”

Monday, March 19, 4:00 PM (Start Now

Links
Audience Log-in URL: http://www.anymeeting.com/thegfclimited1 (Invite More People)
Send this log-in URL to your attendees through e-mail or post it on your website
Registration Form URL: http://www.anymeeting.com/PIID=EC55DE848546
Send this registration link to your attendees through e-mail or post it on your website to allow for quick access to registration.
This meeting is part of a series. This meeting recurs every 1 week(s) on Monday from 4:00 PM to 5:30 PM (UTC-05:00) Eastern Time (US & Canada) starting on 3/5/2012 and never ending. Attendees will choose which meeting they want to attend.
____________________________________________________st
I host a weekly webinar for agents:
Meeting Details for “The Global Financial Center Limited Registered Agent Training”
Tuesday, March 20, 4:00 PM
Links
Audience Log-in URL: http://www.anymeeting.com/thegfclimited1 (Invite More People)
Send this log-in URL to your attendees through e-mail or post it on your website
Registration Form URL: http://www.anymeeting.com/PIID=EC55D8838746
Send this registration link to your attendees through e-mail or post it on your website to allow for quick access to registration.
This meeting is part of a series. This meeting recurs every 1 week(s) on Tuesday from 4:00 PM to 6:00 PM (UTC-05:00) Eastern Time (US & Canada) starting on 3/6/2012 and ending on 3/5/2013. Attendees must register for the entire series at once.
_______________________________________________________________
March 22, 2012 Wednesday Weekly Conference Call 4PM EST Week 12: PRIVATE MANAGED BUY/SELL- $500K TO $50M GOLD COMMODITIES, Project Funding, and More

March 29, 2012 Wednesday Weekly Conference Call 4PM EST Week 13: PRIVATE MANAGED BUY/SELL- $500K TO $50M GOLD COMMODITIES, Project Funding, and More 
______________________________________________________________

The Bad:

I had to report a businessman to Rip-Off Report. I tried to collect the money he owed me for nine months.

http://www.ripoffreport.com/investment-brokers/maxum-gold-bnk/maxum-gold-bnk-chris-pedras-ow-0fa2d.htm

The Ugly:

Don’t you hate it when people don’t do what they promise?

I’m here for you and those whom you choose to refer, M-F 7AM to 5PM Pacific. Saturday’s are for research, writing articles, preparing for the two webinars and weekly Wednesday Conference Call, meeting with Clients and Agents. Sunday is for Church, Sunday School, family and rest.

 

 

I WANT YOU AS A CLIENT!

LET’S GET STARTED NOW!

 

 

 

Joseph P. Tufo, President

CASH FLOW SPECIALISTS, INC.
925-522-0700 Direct

Purchase MP3’s Previous Calls: http://www.joetufo.com/shop
Referral Key: http://www.refrralkey.com/joetufo 

Skype:  jptufo
Please attend our Wednesday Weekly Conference Calls. We are fully
transparent and real.
March 22, 2012 Wednesday Weekly Conference Call 4PM EST Week 12: PRIVATE MANAGED BUY/SELL- $500K TO $50M GOLD COMMODITIES, Project Funding, and More

March 29, 2012 Wednesday Weekly Conference Call 4PM EST Week 13: PRIVATE MANAGED BUY/SELL- $500K TO $50M GOLD COMMODITIES, Project Funding, and More 

Private Client Services $100k to $100m+, Project Funding, Asset Monetization, Financial Planning, and Business Consulting
For access to information on raising capital for your business visit:

Offshore Private Merchant Banking, Asset Protection, Commercial Loans

http://www.thegfc.biz Agent Code ACJT2565CAUS

 

Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation. 
Trust, Integrity, and Service: Here Today, Here Tomorrow

Please click on the link below to read our Disclaimer

 

Categories
In The News Large Projects Money Available Preparation Private Placement Programs Real Estate Projects Trade Programs

Global Financial Center Limited Client Introduction Monday, March 5, 4:00 PM Eastern

Global Financial Center Limited

Client Introduction

Monday, March 5, 4:00 PM Eastern

 

The Global Financial Center

Financial Services for peace of mind and economic security

 

Access a Lloyds Bank Program with a Lloyds Insurance wrap that pays 20% a month, minimum account size $105,000.

 

Access a Gold Buy/Sell Program that pays 15% a month minimum account size $105,000.

 

Access a 10/100 Commercial Loan Program that provides 100% funding in 60 to 180 days at rates that average 5% (requires 10% down).

 

Learn to reduce taxes.

 

Learn asset protection.

 

Learn how to earn 5% on savings minimum.

 

Learn how to leave a legacy for future generations.

 

DO YOU NEED ASSET PROTECTION OPTIONS?

 

GET YOUR MONEY OUT OF THE COUNTRY…  BEFORE YOUR COUNTRY GETS YOUR MONEY OUT OF YOU!

 

It’s legal. It’s easy. It’s Invisible. It’s Offshore!

 

Banking for privacy, security and personal freedom

 

The GFC can assist individual citizens to acquire and setup their offshore structures so they may access the incredible opportunities provided.

 

These structures may then setup a savings account which a debit/visa will be issued to the signatory to access money on a 24/7/365 day per year basis.

 

Once this is done the client may then allocate their money towards the various investment opportunities available through The GFC and its partners.

 

5%+ CD’s, Hedge Funds, Mutual Funds, Private Placement Offerings that yield 8% to 20% a month and more.


 

 

Registration Form URL: http://www.anymeeting.com/PIID=EC55DE848548
Use this registration link for quick access to registration.
 

Audience Log-in URL:

 

http://www.anymeeting.com/thegfclimited1

Use this log-in URL
This meeting is part of a series. This meeting recurs every week on Monday from 4:00 PM to 5:30 PM (UTC-05:00) Eastern Time (US & Canada) starting on 3/5/2012 and ending on 6/4/2012. Attendees will choose which meeting or all meetings they want to attend.
Every Tuesday we do a special training for our licensed agents at 4PM Eastern.

Visit www.thegfc.biz and enter Agent Code ACJT2565CAUS Joe Tufo/CFSI to learn about all the world class offshore private merchant banking products and services.
Joe Tufo
Sales and Marketing Manager
Auckland,New Zealand
Panama City,Republic of Panama
925-352-6000 Cell
925-522-0700
sales@thegfc.biz
http://www.thegfc.biz
Agent Code ACJT2565CAUS
Skype: jptufo
Available 7AM to 5PM M-F Pacific
Monday 4PM Eastern Weekly Conference call Global Financial Center
Tuesday 4PM Eastern Weekly Conference Call GFC Agents Training

 

Categories
In The News Large Projects Money Available Newsletters Preparation Private Placement Programs Real Estate Projects Trade Programs

Lessons Learned: The Good, The Bad and The Ugly: Project Funding, Buy/Sell, and More 20120225

Lessons Learned: The Good, The Bad and The Ugly: Project Funding, Buy/Sell, and More 20120225

 

Please attend our Wednesday Weekly Conference Calls. We are fully 
transparent and real.

February 29, 2012 Wednesday Weekly Conference Call 4PM EST Week 9: PRIVATE MANAGED BUY/SELL– $500K TO $50M GOLD COMMODITIES,  Project Funding, and More 

March 7, 2012 Wednesday Weekly Conference Call 4PM EST Week 10: PRIVATE MANAGED BUY/SELL– $500K TO $50M GOLD COMMODITIES, Project Funding, and More 

 

The Good:

Our 10/100 Commercial Loan Program may be one of the best programs for viable businesses to obtain much needed capital infusion and for real estate developers to fund viable projects.

Visit:

http://workingcapitalfast.com/10100-commercial-loan-program

Everything you need to move forward and get funded is in the article.

__________________________________________________________

Categories
Articles for Publication In The News Large Projects Money Available Multi-Family Preparation Real Estate Projects

10/100 Commercial Loan Program

10/100 Commercial Loan Program

Underwriting Qualifications:

1. $2,000,000.00 (USD) and up.

2. Documents required:

Business Plan


Capital Expenditure Budget


Executive Summary


Last three (3) years of financial statements


Incorporation Documents

Corporate Structure Outlined


Passports of all officers and directors

All documents must be submitted to the underwriting department at

www.thegfc.biz Agent Code ACJT2565CAUS Joe Tufo/CFSI

3. Upon underwriter preapproval, a conditional Letter of Intent (LOI) will be issued to the borrower.

4. In compliance with the conditional (LOI), the borrower is required to deposit 10.00% of the loan amount requested into a GFC account and submit the names that will be used to register and establish their new International Business Company (IBC) and Off-Shore Foundation.

5. Borrowers approved for 100 Million or more may select an independent third party Escrow Firm to hold the 10.00% deposit until the binding Letter of Intent is issued. (NOTE: If the GFC was not able to provide the loan as described, the GFC would return all of the borrower’s money, plus a 3.00% annualized return on their deposit.) Moreover, the GFC is registered with the New Zealand Registry Office as a “Financial Service Provider” (FSP) and this information is also lodged with the Financial Markets Authority (FMA).

6. The LOAN PROCEEDS will be credited to the borrower’s (IBC) account ninety days after the GFC receives the deposit. A Visa/Debit card will also be issued to the borrower for access to the loan proceeds for the (IBC).

7. The law firm of Bell Gully, which is located in Auckland, New Zealand, will prepare and issue the closing documents to the borrower for review and signing via email.

8. Once the LOAN DOCUMENTS are properly signed 100% and returned to the law firm of Bell Gully, the loan proceeds will be credited to the borrower’s newly established (IBC) within ninety (90) days from the time that the borrower made their 10.00% deposit to GFC.

9. Type of Loan: Development Bridge Loan. (Non-Recourse)


10. Interest Rate: 3 month LIBOR + 1 to +8%, depending on the riskassessment.


11. Term: 36 months, interest only with a balloon note. NOTE: The borrowerhas the right to pay off the Balloon Note or roll it over into a 25 to 30 yearMortgage or Wrap around asset loan with GFC.


12. Type of Loan: Mortgage or Wrap-around asset loan. (Non-Recourse)

13. Interest Rate: 1 year LIBOR + 1 to + 4% fixed.


14. Term: 25 to 30 years


15. Geographic Regions: Does not matter.


16. Prohibited industries: Weapons, Tobacco, Pornography, & Illicit Drugs.

17. Financial capability of individuals: Not an issue.

18. Social Security Number(s): Not required of borrowers.

Please contact me the moment you or a borrower is ready to submit all of the required underwriting documents mentioned in item 2 above. We will get online and go through the registration process with them.

____________________________________________________________________________

Non-Recourse does not mean “written-off.” It means no personal liability. For example, a lender may take the property pledged as collateral to satisfy a debt, but it has no RECOURSE to other assets of the borrower. It’s the same as exculpatory.

 

You may want to purchase a copy of Barron’s Dictionary of Business Terms. I’ve had a copy in my library of 2000+ books for 25 years. It has the clear definition of 6000+ key terms used throughout the business world. It’s an indispensable reference.

 

The 10/100 loan is written initially as a three-year bridge loan and can be converted to a 30 year loan.  

On Sat, Jan 7, 2012 at 1:19 AM, Patrick wrote:

Good Morning Joe,

 

Thanks for the email. Please clarify the yellow bits below.

 

It says non-recourse which means it is written off in my understanding ?

 

But then it in 10. and 13. It quotes two different LIBOR rates to pay ?

 

It then says in 11. – 36 months but in 14. – 25-30 years.

 

I am somewhat confused here !!!!!

 

Regards

 

Patrick J White

____________________________________________________________________________

Best regards,

Joseph P. Tufo, President

CASH FLOW SPECIALISTS, INC.
925-522-0700 Direct 

joe@joetufo.com
http://www.workingcapitalfast.com
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