100% Project Funding Available $2m+ (financial district)
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.
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
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
Available 7AM to 5PM Pacific M-F