Business Expansion Line of Credit (BELOC)

Our business expansion line of credit (BELOC) has the following typical terms:

• Rate: 5-6%  (APR), Interest-only rate!
• Loan Amount: $3,000,000+ (USD)
• Term: Typically, 10 Years (120 Months)
• Prepaid Interest Period: 2-3 years
  • NO payments due during this period, as the interest was prepaid upfront.
  • After this period, interest is due monthly
• Approval times: Typcially within 48 hours
• Time to close: Within as little as 30 banking days (for large projects)
• Entrepreneur and investor friendly features:
  • Credit Checks: NONE
  • Personal Guarantees: NONE
  • Previous bankruptcies: ALLOWED
  • Prepayment Penalties: NONE
  • Underwriting: NOT solely based on current business revenues

The business expansion line of credit (BELOC) has the following costs:

• 10-40% Prepaid Risk Cost
  (First 2-3 years of interest paid upfront + risk premium surplus amount retained as prepayment credit)
• 9% One-Time Establishment Cost paid out of loan principal at closing
  ( for costs such as lending + legal + closing + custodian + broker commissions etc.)
• Customization Fees (application fees are only charged for nominated loan customizations, which are clarified and charged prior to any approvals)

Our business expansion line of credit (BELOC) funding occurs in three (3) tranches:

• Tranch 1
  • 33.3% transferred 30-90 banking days post underwriting completion
• Tranch 2
  • 33.33% Transferred 30-60 banking days after Tranche 1
• Tranch 3
  • 33.33% Transferred 30-60 banking days after Tranche 2

Our business expansion line of credit (BELOC) can provide funding for a wide range of economic projects, including:

• late-stage businesses
• distressed businesses
• start-ups (even those without revenue or profit)

However, it is important that the jurisdiction is stable and free from sanctions.

For the Prepaid Risk Cost, payment can only be made with funds that have a clean and clear origin, without any criminal associations. Additionally, the payment must be made in cash immediately upon receipt by the beneficiary's bank. Before proceeding, we carefully evaluate the business opportunity to ensure its viability. As long as the project is legal and not located in a "politically sensitive" jurisdiction, we are open to considering it.

The business expansion line of credit (BELOC) loan minimums are:

Mimium loan size: $3M

Minimum liquidity to cover Prepaid Risk Cost: $750k

If you do want to proceed with applying for a business expansion line of credit (BELOC) loan facility for your project;

Here’s the 5 Phases & 14 steps required.