The Multiples Loan Program is a Systematized Process designed to bring together:
Project Owners, Lenders, and Investors under one roof. Too often project owners are faced with the old situation of “Which Comes First, The Chicken Or The Egg”. Investors are always looking for projects that are profitable and at low risk. Lenders are looking to lend money to projects that are well thought out and can make their payments. For clients with a specific project to finance or have a series of projects that can be approved through a funding pool, our Lender’s “Multiples Loan Program” is ideal. There is no “static” multiple; the Loan Multiple will ultimately be determined at the underwriting stage based on the quality and risk assessment of the Project and that multiple offered could be anywhere from 1X that initial amount to 4X. The Borrower can request a specific multiple for their loan, but the Term Sheet will definitively state the multiple being offered to the Borrower.
- As the project owner/borrower, you are required to bring a minimum amount of funds to the project (25/33% of the total costs), and our lender can lend you multiples of that initial amount. Our Lender has offered this product to select clients and industries since 2005 and until the end of 2021, the minimum amount of funds that needed to be raised to qualify for this program was only $1M USD. Due to changes in the requirements of our Lender’s banking and insurance partners, as well as changes in the marketplace, effective immediately the minimum amount of funds required to qualify for a Multiples loan from 1X to 3x, is limited to Initial Deposits $10M USD and up.
- Projects with an Initial Deposit of $100M and above can receive a 4x loan.
- Our Lender does have some alternative solutions available for smaller projects. For those Borrowers who have Under $10M USD in hand, our lender offers a Loan Program that does not involve static “multiples,” but instead, offers a straight 1-1 “Recourse” Loan and the minimum participation starts at $4M USD.
Here are the following required documents Click here:
- The Funding Eligibility
- Requirements and Procedures
- Acceptable Forms of Proof of Funds