I work directly with a private lender and his underwriting team. We accept project packages that consist of gold, silver, diamonds, oil and coal. We pre-underwrite the projects, clean up the packages and prepare the packages for submission to our private lender. We have a streamline system and as long as everyone works around our system and doesn’t attempt to reinvent the process our packages go very quickly and smoothly. Our contracts are 90 to 120 days from the submission to funding.
Our requirements are as follows: 1- Your clients must have the minimum of 1 Billion in ground assets.
2- All available documentation that includes: valuation report, geology report, they must have current proven assay reports, business plan, pro forma, proof of claim ownership, mining permit, bond certification, owner information of the BLM claims/deeds.
3- Money down to secure the loan. ($268,000) *if funding is needed to secure the loan we can find it.
The funded loan amount is 163 million less 8 % fees. Loan paid off in five years by our private lender and his trading platform.
Please let me know what I can do for you. I greatly appreciate your time and look forward to working with all of you who are looking for funding.