$65MM International Construction Loan For Five Star Hotel?
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  1. #1
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    $65MM International Construction Loan For Five Star Hotel?

    I have a client who is looking for a construction loan for a 5-Star hotel in the South Africa area ($65MM requested). He has permits, drawings, letter of verification of funds and a land lease with the local Government. I have a 60 page project summary along with several other supporting docs. The business has $12.5MM invested already and he provided a surety bond yesterday. Looking for a lender or investor who might be interested in this kind of project. Any ideas?

  2. #2
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    I have a Nigerian Prince who keeps e-mailing me offering money. I will gladly give you his e-mail address.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
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    Quote Originally Posted by kfundinghelp View Post
    I have a client who is looking for a construction loan for a 5-Star hotel in the South Africa area ($65MM requested). He has permits, drawings, letter of verification of funds and a land lease with the local Government. I have a 60 page project summary along with several other supporting docs. The business has $12.5MM invested already and he provided a surety bond yesterday. Looking for a lender or investor who might be interested in this kind of project. Any ideas?


    Mantis funding. All day. They love construction.

  4. #4
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    Yeah, yeah - I knew that was coming. I already have his email. Thanks anyway

  5. #5
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    If he's got land to put up as collateral, I have a high-risk land funders who I'm doing a few Mexico deals with right now that might be interested.

  6. #6
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    Had to do it!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  7. #7
    Member Reputation points: 23 B2csp's Avatar
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    we would be able to do this deal, just need to go over some details with about his project because its a leased land on another continent, but we could do it. i'll PM you my email

  8. #8
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    I may have someone will pm you their info

  9. #9
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    Quote Originally Posted by B2csp View Post
    we would be able to do this deal, just need to go over some details with about his project because its a leased land on another continent, but we could do it. i'll PM you my email
    Thank you - responded to PM.

  10. #10
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    Quote Originally Posted by Sachip24 View Post
    I may have someone will pm you their info
    Awesome - Thank you!

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