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PROPHECY FINANCIAL LLC

REAL ESTATE PROJECT FUNDING CONSULTANTS

 

 

joint venture funding

Our 100% Joint Venture Opportunity is suitable for the multitude of projects below and many more. For projects that seek up to a 100% capital injection, a private investor or equity partner will be matched based on project needs. The program requires a $30MM minimum project cost and includes a quick application process as all applicants are pre-screened.

Funding is available for

bulletresidential and commercial real estate projects
bulletgolf courses/casinos/gaming centers
bullethotels/motels/resorts (domestic and international)
bulletcondos/timeshares/fractionals
bullethospitals/assisted living facilities/nursing homes
bulletoffices/medical facilities/industrial complexes
bulletland (raw/entitled/improved)
bulletretail centers (anchored and unanchored)
bulletspecial purpose/mixed use projects
bulletoil/energy/coal/refinery projects
bulletmajor motion films

This Industry is challenging and as you know most traditional sources have stopped lending, as this has happened our group has streamlined possibilities with our own private equity providers for only those projects that qualify and wish to seek a "JV" relationship. Clients who are non-bankable that can use vested capital for project equity. Our Sources are specialists in project sizes of $30MM with no cap, every project is on a case by case basis. We act as consultants in capacity as we refer funding candidates to unique and private funding sources. Our funding providers accept deals that make sense. Terms, Equity Positions, Contract Length and any possible Interest Rates will vary upon provider, project and other factors, therefore each terms set is determined by the funding source that may view your project.

Primary Objectives

Our Investors are constantly seeking to reinvest funds in new projects. All project types will be considered that yield job creation in the US, add liquidity in the US economy and abroad and/or solve problems such as clean water, alternative energy, build "Green" etc. Our Investors seek projects they can feel good about funding, partners with whom they can feel good about working with and projects that contain long term profitability.

Requirements

Project owners must have at least some form of equity or "skin-in-the-game" available as demonstrated equity. Our investors will look for an additional 5-10% equity from the owner and available for the project. This amount is placed into escrow and fully refunded back to the principals once the first year of lending has commenced (or if the fund is heavy after the first set of equity disbursements in 60-90 days). This is in lieu of underwriting. Any project owner that can demonstrate equity is far more qualified than one with un-audited financials. Candidates must be able to allocate their equity demonstration into an investor account controlled by the investor for a period of 30 calendar days and receive from the bank a control agreement or blocked account agreement. These agreements are drafted between the bank and the secured party (entity putting up the equity demonstration and the third party law firm’s escrow agent).

 

The primary information that we always look for:

Project and Company Strength

1.) History of the company and history of the project

2.) Core personnel, resumes, bio’s

3.) Money invested so far, equity at current value 

4.) Current cash position including Company assets (patents, real estate, and debt positions)

Return on Investment

1.) Profit potential: rate of return, how long until revenue is generated, how long until profit is available

2.) Are there other, non-monetary, investment returns, such as: a) Will the project create jobs, and if so, what type of jobs, are they long term, quality jobs? b) Will the project solve a problem? c) Will the project be an economic driver?

Procedures

Candidates should submit a proposal including funding structure, ROI (return on investment) schedule, company/project value, expected returns, collateralization plans, etc. Include sufficient information starting with the JV pre-approval application, NCND (non-circumvent, non-disclosure agreement), strategic fee and exclusivity agreements, project construction costs data and executive summary (to include principals bio’s and at least a 5 year income/expense pro-forma). The pre-approval application and NCND are available upon request.

Submit the above information and if qualified, we will set up an initial call with the project principal. Once the pre-screen call is completed and approved, an LOI will be issued with potential terms. The principal will then be placed in front of the Fund Manager and if the project terms are met based on the LOI, the contract will be issued and the funding typically starts in 40-60 days.

NOTICE: Due to the proprietary and sensitive information of our private placement partners; we provide limited information on our programs via web and mass distribution. Sensitive program information is reserved for clients who have viable projects and have demonstrated genuine interest and the financial ability to pursue the funding options we have. The equity partners prefer to speak directly to project principals regarding specific funding information once we have established interest in the project and pre-approved them.

 

 

All rights reserved, 2007-2008

Prophecy Financial LLC, Sandy Hook, Connecticut, USA

Prophecy Financial is not a direct lender, realtor, mortgage broker, certified financial advisory firm, securities brokerage firm and/or a stock brokerage firm. Prophecy Financial is a business consultancy firm that facilitates commercial funding transactions and provides advice to businesses and private individuals on or about commercial project funding and business matters.

LEGAL DISCLAIMER: This document is for informational purposes only, and is not a solicitation for the purchase or sale of any securities, nor a solicitation of investment funds or placement. This document does not represent the policies of any bank or financial institution, is not intended as a confirmation of any transaction, and does not consist of any legal, securities related or tax related advice.