What is the likelihood of you providing me with the required project financing?
The likelihood of a project being financed depends on project viability, projected profitability, the quality of the project documentation, prevailing economic conditions and other factors.
How long does it take to finance a project?
The time required to finance a project varies greatly from project to project and is primarily determined by the project's scale, complexity, nature, marketability, the prevailing economic conditions and the readiness of the project to go to market.
Do you act on my behalf or on the investors' behalf during the project financing process?
Neither. We maintain very strict independence from you and from the lenders during the project financing process.
What is your language of communication?
All our communications are in English and Spanish.
My preferred language is not English and I want to receive a copy of the project finance application form in my preferred language and complete it in my preferred language. Is this possible?
No. Our project analysts only speak English; consequently our project finance application forms are only available in English and must be completed in English.
Do you offer a translation service for my preferred language?
No. We can only recommend some services our clients have used before. However, is your responsibility to conduct all the due diligence to verify these professionals.
What is the official language of your website?
English is the official language of this website. The English version is authoritative over all versions of this website in other languages
Do you process applications which do not fully comply with your application procedures?
No. Please note that we do not process applications that do not fully comply with our requirement for efficient procedures
How do I apply for project finance through you?
The first step is to fully complete our short online project preview form.
What is the difference between a broker and an associate?
A broker introduces project finance applicants to us but does not represent us. An associate introduces project finance applicants to us and also represents us.
I am a broker, do you pay commission to brokers for introducing projects to you?
Yes. We pay commission to brokers for introducing projects to us.
Why have you chosen this project finance model?
Since we do not make a profit unless we provide finance for a project, our clients know that if we are prepared to put time and effort into a project we must be confident that we have good prospects of providing finance for the project.
How long has your business model been in operation?
Our business model and its project evaluation procedures have been in operation since 1997. Our methodology has been tested and proven by real-world experience.
Should I have a material disclosure statement in my project documentation?
Yes. You should incorporate a material disclosure statement in your project documentation confirming that you have not supplied data for the market feasibility study or the financial feasibility study. This gives potential investors confidence that the financial data in the core project studies is independent and objective.
My project is viable but my lack of management and operational experience is a weakness in my business plan. Can you help me?
Yes. Lenders are averse to risk and are therefore disinclined to invest in projects in which the managers do not have strong operational and managerial experience. We provide managers who have strong industry experience to incorporate into the business plan management structure to give confidence to the investors that their investment will be protected by experienced and proven managers. All such provision of personnel is subject to contract.
My project documentation was prepared by internationally experienced analysts, will you approve it?
Possibly. We will have to perform our own independent analysis of your documentation to determine whether it meets the appropriate international standards.
What mistakes are made by managers who have never developed a significant project before?
A common error made by managers who have not developed a significant project is to employ accountants or others who have never developed a significant project, to prepare their project documentation. This almost invariably results in documentation which international investors find completely unconvincing.
My project documentation was prepared by an accountant; will this be adequate for raising project finance?
No, it is most unlikely. Your project documentation must be of sufficient quality to convince experienced international investors to invest in your project. If the people who prepared your project documentation do not have a proven and successful international track record of producing documentation for your type and scale of project it is very unlikely that your documentation will attract the attention of serious professional investors.
Why do you maintain independence from me and the investors during the project financing process?
To have the necessary confidence to invest, lenders must have complete confidence that we are presenting them with a fair, accurate, objective and independent evaluation of your project.
When do you receive your project finance provision success fee from me?
We receive our finance provision fee success fee from you only when finance is actually placed with your project.
Do you accept finance provision fees from me before finance is placed with my project?
No. Lenders would not regard us as being independent from you if we received finance provision fees from you before finance is placed with your project.
I would like to be your exclusive broker for a particular region. Would you agree to this?
No. We do not offer brokers exclusive regional rights.
Do your executives accept or return calls from unknown callers?
No. Previously we were telephoned by applicants wanting to tell us about their projects many of which were clearly non-financeable or by callers trying to sell us office supplies or office cleaning, security, chauffeur, taxi, courier or other services. We therefore no longer accept or return calls unless it concerns a project which we have already evaluated and approved.
I would like to telephone you how can I do this?
Please complete our online project overview form. We will email our response to you, typically in one or two working days and we will include our telephone number in our reply. Generally, however, we prefer to communicate in writing via email as this greatly reduces the possibility of misunderstanding and provides a permanent record of what has been said.
What happens after I submit the online project preview form?
We review the information in the form and then contact you, typically within one or two working days, informing you whether or not we are potentially interested in your project.
I have not completed your online project overview form but I sent you details of my project and I have not heard from you. Why is this?
It is a requirement that you fully complete our online project overview form to be considered as a possible applicant for project finance.
I completed your online project overview form for my project which does not meet your stated project eligibility criteria and I have not heard from you. Why is this?
We no longer have time to respond to enquiries which do not meet our clearly stated project eligibility criteria.
If you are interested in my project as expressed in the online project overview form, what happens next?
We will send you, by email, a comprehensive project finance application form for you to complete and return.
THE PROJECT FINANCE APPLICATION FORM
In which language should I complete the project finance application form?
Unlike the online project finance profile form, you must complete the project finance application form in English. We do not process project finance application forms which are not in English.
I would like to email you some zip files or compressed files - where should I send them to?
We do not accept unrequested zip or compressed files. All unrequested zip or compressed files are automatically deleted from our system and are never unzipped or decompressed.
Would you like to join me on Skype, Facebook, Linked In, Twitter, Skoost, Netlog, Badoo, ICQ etc?
No. Please do not send us invitations for these or any similar services. We are a professional organization and we do not communicate via these channels.
I use Boxbe or a similar email spam prevention service; will you please verify your emails to me?
No. This adds to our administrative burden so we do not verify emails for services like Boxbe. If you use Boxbe or a similar service you must look in your waitlist for emails from us.
What happens if I do not wish to accept any of your loan proposals?
There is no obligation whatever on you to accept any of the loan proposals. You have the absolute right to accept or reject any of the proposals.
Do I have to pay a penalty if I do not accept any of your loan proposals?
No. There is no penalty whatever if you prefer not to accept any of our loan proposals. However, make sure you decide to go away before you sign a contract with the potential investor.
Am I under any obligation to accept finance from you?
No. You are under absolutely no obligation whatever to accept finance through us.
How are you able to provide finance with the prevailing financial conditions in the international banking sector?
Banks typically provide only a very small percentage of the finance we provide. We obtain our finance from sources other than banks.
Do you use brokers to finance projects?
No, we do not use brokers to assist in providing project finance. We use our own sources of international project finance.
I do not own the land on which my project is to be built, I have no money to put into the project and I can offer no security, is it still possible for me to obtain finance through you?
No. Under current market conditions we are unable to provide project finance for projects in which the applicant has zero equity. Investors require that the applicant shares some of the risk.
Do you act as legal, tax or other professional advisors, or give legal, tax or other professional advice?
No, we do not act as legal, tax or other professional advisors. We strongly recommend that you obtain appropriate independent tax and legal advice.
Do you offer your services in any country in which you are not registered or licensed and in which your services would be subject to registration or licensing?
No. We do not offer our services in any country in which we are not registered or licensed and in which our services would be subject to registration or licensing.
Is your website copyright?
Yes. Our website is strictly copyright and neither it nor any part of it may be copied or reproduced in any form without our prior written consent.
How do you obtain your fees?
We charge a certain percent success commission fee on all finance accepted through us.
When do I pay you your success fee?
At the same time that finance is placed with your project.
How much do you charge for due diligence?
We do not charge for due diligence for projects which we are financing. We do not offer our due diligence services to projects for which we are not providing finance.
Do you always respond to an enquiry made via your online project overview form providing that the project meets your eligibility criteria and is correctly completed?
Yes. Even if we decide not to pursue your project we email you accordingly, typically within one or two business days.
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What are the most common reasons for your rejecting a project at this stage?
The most common reasons for our rejecting a project at this stage are: the project is valued at less than $5,000,000 (USA) or $15 Million (other countries); the project is already under construction; the project requires 100% finance; the project does not have a sufficient construction component, the project is located in a region in which we are currently not operating or the project is an acquisition of an existing project
I am not developing a project but I have a bank guarantee or similar financial instrument; will you provide me with finance?
No. We do not provide finance other than in support of projects which fully meet our criteria.
I am seeking finance for a non-profit organization, can you help me?
Possibly. We are strictly commercial but we are prepared to assist non-profit organizations subject to our usual terms.
Would you like to be on our email list?
No. All unrequested emails distributed via a list are automatically deleted from our system without being read. All emails sent to us but not addressed to us in the email 'To:' or 'Cc:' fields are automatically deleted without being read.
I have completed your online project overview form with a project that meets your criteria and I have emailed you several times but I have not received a reply, why is this?
Please ensure that your email system will accept replies from us and that your email system is not rejecting our emails.
We do not appear to be receiving emails from you, what should we do?
Please ensure that your email system will accept emails from us and is not blocking our emails.
Do you contribute to project development costs?
No. Lenders would not regard us as being independent from you if we took a stake in your project.
Are you interested in entering a joint venture at the start of a project?
No. Lenders would not regard us as being independent from you if we entered a joint venture with you.
Will you invest financially in my project?
THE ONLINE PROJECT FINANCE PROFILE FORM
What is the purpose of the online project preview form?
The online project preview form provides us with a quick overview of your project. This will enable us to determine whether it is worth your time and ours in proceeding to a full application by your completing our comprehensive project finance application form.
RATES AND TERMS
What are your loan interest rates?
Interest rates are determined by perceived degree of risk, market conditions, lender sentiment and other factors prevailing at the time of the loan agreement, therefore loan interest rates can only be determined shortly before the loan agreement is closed.
What is your loan repayment period?
The loan repayment period is determined by a number of factors including project scale, projected return on investment and other economic indicators. The loan repayment period therefore can only be determined after the investors have performed a comprehensive project analysis.
What happens if you reject my project finance application?
We will email you indicating that your application has been unsuccessful.
What happens if you approve my project finance application?
We will email you with an offer a conference meeting through the Internet and require from you the required project documentation.
What documentation do I need to prepare my project for financing?
Each project is unique but all projects require documentation produced to international investment standards typically including a market feasibility study with competition analysis; a financial feasibility study molded on cash flow with detailed departmental costs, profit centre projections, a ten year forecast, profit and loss projections, a risk analysis, hard and soft costs and detailed exit year calculations; a business plan with professional management structure and non-compete agreements; a development budget with a detailed statement of all expenditure to be incurred prior to the project opening including contingency provisions; an initial outline architectural master plan; a final architectural master plan and a private placement memorandum with an executive summary of the feasibility studies, due diligence search findings, architectural concepts and profit and loss calculations. Additionally, an environmental impact assessment and a social impact assessment, including a defense anticipating possible objections from the public, local or government authorities or other organizations may be required. Each project also typically requires the appropriate local and government authority permits to allow the construction of the project.
How important is project documentation?
High quality project documentation is absolutely essential for the success of your project. Globally, there are more projects seeking finance than there is international finance available to fund them. Consequently, in this competitive financial environment, investors, who are busy people, do not waste time on projects with inadequately prepared documentation. Lenders have to be absolutely convinced that your project is a solid investment before they will invest in it. Your project documentation is the primary means of achieving this.
In what format should I return the project finance application form?
The project finance application form must be returned as a single document or file. We do not accept project finance application forms which have been scanned into separate pages and then returned as multiple files attached to an email.
If you have a representative in my country may I discuss my project with him or her before submitting a project finance application form?
No. We first need to determine whether we are interested in your project so you must complete and return our project finance application form before we put you in contact with our representative.
How much does it cost to produce project documentation?
The cost of producing project documentation depends on the scale, nature and complexity of the project.
How is the data for the financial feasibility study derived?
It is essential that the data in your financial feasibility study is derived from the real-world cash flow performance of comparable existing projects and is not based on assumptions. Financial feasibility studies based on assumptions uncorroborated by real-world data comparisons carry no weight with international investors. To attract finance, your project must have a realistic profit and loss forecast and be able to demonstrate an acceptable internal rate of return.
What happens during the first phase of the project finance application procedure?
Initially your application will be evaluated by our analysts only and is not brought to the attention of our executives. During this phase, we do not enter into any form of discussion nor do we respond to individual enquiries whether by email, postal correspondence, phone calls or meetings, nor do we read feasibility studies, business plans or other documentation. Although this may appear to be somewhat impersonal it is the only method by which we can manage the very large number of enquiries we are currently receiving. If our analysts like your application it is then passed to our executives for their consideration otherwise we will email you with a rejection. Executive time is our most precious resource and we allocate it only when there are compelling reasons to do so. Consequently our executives only become involved at a later stage of your application.
I am a broker and I would like to introduce you to some project finance applicants, how do I proceed?
Each day we receive many applications from brokers. In the past we have held sometimes very lengthy discussions with a broker only for the broker to eventually present us with a number of unrealistic, non-financeable low-quality projects. This has resulted in a great deal of time being wasted. Since we receive our commission only when finance is placed with a project, we have absolutely no interest in projects which we believe we will not be able to finance. Consequently we now require all brokers to demonstrate that they have at least one viable project before we enter any form of discussion. To do this please follow the standard application procedure by completing our project finance profile form. Please note that separate projects must be on separate forms. State that you are a broker
What are my obligations when I submit a project finance application form?
There is no obligation whatever either on you or on us.
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How much do you charge to process a project finance application form?
There is no charge for processing a project finance application form.
How long does it take to process a project finance application form?
It currently requires about two weeks for our analysts to process a fully completed project finance application form. We do not process project finance application forms which have not been fully completed.
How do the lenders know that the information in my project documentation is accurate and reliable?
The lenders require us to independently analyze and where appropriate approve your project documentation.
Am I required to supply the lenders with financial guarantees?
Guarantees depend on the type of project to be financed, industry and geographical location. You will conveniently inform before any LOI is created.
Do you guarantee providing me with the required project financing?
No. Every project has an element of risk.
PROJECT FINANCE APPLICATION PROCEDURE
What do I need to understand about your project finance application procedure?
Due to the very high volume of applications we receive it is absolutely essential that we operate very efficient application procedures. Our systems are designed to present our analysts with the information they need when they need it. All applicants are required to adhere to these procedures. We automatically reject almost all applications which unnecessarily add to our administrative burden.
Do you charge upfront finance provision fees?
No, we do not charge upfront finance provision fees.
How do you obtain your fees?
We obtain our fees as a percentahe of the finance placed in the project through us
My project documentation is inadequate by international project finance investment standards; will you consider approving my project for financing?
No. We only approve projects which have international standard documentation prepared by experienced international professionals.
Why do you only approve projects with high quality documentation?
It is not possible to raise international project finance with inadequate documentation and therefore we only approve projects supported by international investment standard
I completed your online project overview form for my project which meets your stated project eligibility criteria but I have not heard from you. Why is this?
We sometimes do not respond if the online project overview form has been inadequately or incorrectly completed. Common errors include not fully completing the form, putting multiple projects on one form, not stating financial information in US dollars or providing an incorrect email address.
I have experienced difficulty submitting your online project overview form - what should I do?
If you have a slow or restricted Internet connection it is possible that you may experience difficulty in submitting our online project overview form. In this case please simply type the required information into an email and send it to the email address at the bottom of this page.
I have a time-critical project which will fail if it is not financed soon. Do you provide finance for time-critical projects?
No. To ensure that we retain our lenders' trust we analyze projects with great care to minimize their risk. This takes time so we do not become involved in time-critical projects.
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Do you provide seed capital for projects?
No. We do not provide seed capital for projects.
Do you provide Islamic finance?
Yes. We work with several prestigious Islamic financial institutions.
I am developing a project and I have a bank guarantee or similar financial instrument; will you provide me with project finance?
We only consider finance provision for projects which fully meet our criteria. If your project does not meet our criteria we will not be interested in your project even if you have a bank guarantee or similar financial instrument.
How much commission do you pay to brokers for introducing projects to you?
The amount of commission we pay to brokers is determined on a project-by-project basis and is subject to written agreement.
When do you pay commission to brokers for introducing projects to you?
The commission we pay to brokers is paid when we receive our success fee.
Who should produce the documentation for my project?
International investors are only interested in a ruthlessly objective view of your project so it is essential that your project documentation is independently prepared by internationally experienced analysts with a proven track record. You too should only be interested in an independent and objective view of your project, if your project does not stand up to independent objective scrutiny you should consider whether it is a good use of your time searching for investment from the international project finance market as such a search may well prove futile.
Can you produce the documentation for my project?
No. We just could recommend you a few professionals we have worked wit before.
I have not yet prepared my project documentation, should I engage internationally experienced analysts to write it now or should I contact you first?
You should contact us first. Please fully complete our project finance profile form indicating that you have not yet prepared your project documentation. You should also have your Executive Summary ready to send. An Executive Summary template is available for you in our website. Get your copy now
THE PROJECT FINANCING PROCESS
How do you provide project finance?
We work with a great number of professional international investors and lenders. During all these years in the project financing business we have gained the respect of these financial institutions globally.
Who are these financing sources?
Our financing sources are typically composed of a variety of investors including hedge funds, institutional investors, government investors, private investors, investment banks, investor groups, money market funds, mutual funds, pension funds and venture capital firms selected from our private database of professional investors and lenders. We have associates who are retained by national banks and financial institutions as project advisors.
I have more than one project which I want to finance; do I have to fill out separate online project finance enquiry forms for each project?
Yes. We assess each project individually on its own merits so we require separate applications for each project.
In which language should I complete the online project preview form?
We would prefer you to complete the online project overview form in English but you may complete it in Spanish too.
Should I complete the Project Finance Details section of the project overview form in my local currency or in US dollars?
You must complete the Project Finance Details section in US dollars.
Would you please give a step-by-step description of your project finance application procedure?
Yes. Please thoroughly familiarize yourself with our project finance application procedure which is as follows: