CREDIT ENHANCEMENT
This loan option consists of registered bank instruments, including SBLC’s, LC’s BG’s to be used for project financing. They can be fresh cut, leased and used for monetization or project based collateral.
Loan Amount $10M-$500M
Monetization LTV 40%-85% (Varies based upon issuing bank)
Purpose Project finance only (1 yr + 1 day issue)
Timing (est) Issuance: 3-10 days (Varies based upon issuing bank)
Monetization: 15+ days
Term 365 + 1 day renewable
Location US & select international
Bank Fees 10% + 2%
Recourse Non-Recourse (Subject to standard ‘bad-boy” carve outs)
Processing Fees $200k+