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Follow on Google News | International Finance & Trust Provides Resources for Worldwide Project FundingInternational Finance & Trust Provides Resources for Worldwide Project Funding
By: Press Release Services This unique loan program is a “cash” based loan program as opposed to an asset-based program. Accordingly, a “cash” contribution of 1-10% of the Loan amount, or first tranche, is required to facilitate the loan. The preferred collateral is a Certificate of Deposit placed in a top 50 World Bank. The CD allows IFT to fund against the collateralized CD, while the money remains in the client’s name, in an interest bearing account. It is 100% insured against loss not only by IFT, but also a top 25 World Bank. For many years, financially astute individuals have embraced the use of alternative collateral to facilitate “project finance” of large development projects of 100M +. In an effort do our part in getting the economy moving in the right direction, IFT is offering this highly lucrative method of project funding to developers still seeking financing for their projects. This method of funding is not for every loan scenario or every development project. IFT only wants to do business with those who understand the process and are comfortable with it, and recognize the significance of the opportunity to fund a project in today’s turbulent economic environment. Both the procedure and the lender are totally transparent. Due diligence on all parties and every aspect of the transaction is encouraged. The lender absorbs all underwriting costs. There are no upfront fees whatsoever. # # # IFT is an international project funding & wealth management source that understands the challenges and frustrations associated with securing financing for commercial real estate opportunities and development projects. IFT brings capital solutions to the real estate developer, and entrepreneur who is currently being underserved by traditional banking sources. Visit IFT’s website: www.InternationalFinanceandTrust.com. End
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