Commercial Funding for Developers & Property Managers We are continuing to seek world class projects which may qualify for the mechanism which has been designed by our CEO.
Ovadya Venture Capital, Inc. (affiliate of Ovadya Funding Group International, Inc.) Has perfected a Regulation D exemption 144a based bond offering which can deliver up to 95% LTV/LTC financing for qualified hard asset based projects, Internationally (where political risk insurance is available). Energy projects are preferred, as we have a substantial QIB (Qualified Institutional Buyer) available interested only in that asset class of projects. Other asset classes acceptable: 1. Hotels 2. Resorts 3. Non-US Residential Housing Developments 4. Office Buildings 5. Large Ship Manufacturing 6. Energy Projects (preferred in fact) 7. Aviation Projects Please allow us a moment to be certain that there is complete understanding regarding the Bond Offering Mechanism designed by our CEO. We are a direct lender and therefore deal directly with the Principal. We respect the roll intermediaries play in the process, so we will honor any commission agreement(s) between the Principal and the intermediary. We raise our funds from QIB's using over-collateralized ten-year bonds. We have found this to be the only way many development projects can qualify for funding in the current financial climate. Generally Ovadya terms look like this: Funding Range: $25M to $1.5B Term: 10 years Percent Available: 100% Equity Position: 10-15% Success Fee at Closing: 3-4 % Payment – Annual, Interest Only: 10% (first three years may be held in escrow) Bond Preparation: $1.7 to 2.1M due when engaged. Closing Cost: 2 - 4% of loan - 3 weeks before closing (approx. 4 to 6 months) We don't charge initial underwriting fees to pre-qualify projects. For us to properly complete an initial evaluation, we require the following documents: • A pro forma confirming the ability to make 10% annual interest payments • An executive summary • A business plan • A current appraisal, if available • Any other additional documentation pertinent for evaluation Our funding works well for under-capitalized development projects with great upside potential. Contact us at your earliest convenience to discuss your project. Should any project you evaluate not meet the above standards, please do not submit that project to us. We do appreciate your kind cooperation. Do you have other Commercial Lending requirements? You may submit new projects directly to: submissi...@ovadyafunding.com http://ovadyafunding.com/OFGI_Niche_Lending.html Regards, Administration 3rd Shift Ovadya Funding Group International, Inc. administrat...@ovadyafunding.com (317) 876-1207Office Ext 0 eFax 888 479-3538 Ovadya Funding Group International, Inc. does NOT sell insurance, is NOT licensed to buy or sell insurance, or to buy or sell securities, etc. Furthermore, OFGI is not a professional investment advisor and does NOT give investment advice. Nor, does OFGI give tax or legal advice of any kind. This information is presented for EDUCATIONAL PURPOSES ONLY. DISCLAIMER: Sender is not a US Securities Dealer, Broker or Investment Advisor, and the Information conveyed in this electronic transmission and/or attached documents is not to be considered a solicitation for any purpose in any form or content, nor an offer to sell and/or buy securities, and is a response for a request for information. By receiving and opening the Information, Recipient agrees that (a) authentication of the Information is the responsibility of Recipient and (b) Recipient holds Sender harmless from any misrepresentation or errors of fact or omission arising from the Information. This message and any attached documents contain information from the law firm of Ovadya Funding Group International, Ovadya, Inc., and Ovadya Venture Capital, Inc. that may be confidential and/or privileged. If you are not the intended recipient, you may not read, copy, distribute, or use this information. If you have received this transmission in error, please notify the sender immediately by reply e-mail and then delete this message. IRS Circular 230 Disclosure To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code, or (ii) promoting, marketing or recommending to another party any matters addressed herein. -- You received this message because you are subscribed to the Google Groups "Investors Club Dubai" group. To post to this group, send email to investors-club-du...@googlegroups.com. To unsubscribe from this group, send email to investors-club-dubai+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/investors-club-dubai?hl=en.