{"id":2026,"date":"2022-12-13T19:07:44","date_gmt":"2022-12-13T19:07:44","guid":{"rendered":"https:\/\/pitcapitalcorp.com\/?page_id=2026"},"modified":"2022-12-14T17:57:26","modified_gmt":"2022-12-14T17:57:26","slug":"foreign-business-loans","status":"publish","type":"page","link":"https:\/\/pitcapitalcorp.com\/index.php\/foreign-business-loans\/","title":{"rendered":"Foreign Business Loans"},"content":{"rendered":"\t\t
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Foreign business loans may be a viable funding option for your business if you have overseas connections. Many instantly think of the World Bank when considering acquiring financing from foreign sources. However, the World Bank and its\u2019 components were designed for large reconstruction projects and for the development of low and middle-income third world countries. The small businessperson is not their primary focus.<\/span>\u00a0<\/span><\/p>

Where To Look For Foreign Business Financing<\/span><\/b>\u00a0<\/span><\/p>

Foreign banking is usually represented in the U.S. in one of four ways. The banking entity may be a branch, an agency, an international banking facility or a foreign owned bank. The majority of foreign banking will be found in 3 states: California, Illinois and New York. Of course the physical location of a lending institution is not as important as it was several decades ago, due to electronic banking and online services.<\/span>\u00a0<\/span><\/p>

Foreign Business Loans Lending Criteria<\/span><\/b>\u00a0<\/span><\/p>

Foreign banks\u2019 lending criteria will be very similar to the requirements of a U.S. financial institution. So, if your lending proposal does not make good business sense to a U.S. bank, applying to a foreign bank probably won\u2019t yield any different result. A foreign lender may be more willing to work with a business from its\u2019 own country or a U.S. company that doing business in its\u2019 home country. This is a natural assumption but it is not a guarantee that if you go to a foreign bank with a proposal that your company with do business in that bank\u2019s home country that you will be approved for a loan. Your proposal will still have to make economic sense for all involved.<\/span>\u00a0<\/span><\/p>

As with any business endeavor, do your due diligence when attempting to get a foreign business loan. If something sounds to good to be true, it probably is.<\/span>\u00a0<\/span><\/p>

Project Fund Application<\/span><\/b>\u00a0<\/span><\/p>

There\u202fare a variety of non-bank lending products available, such as asset-based loans, peer-to-peer loans, and crowdfunding resources. These can be used for anything from starting a business, working capital, or financing all types of projects. We\u202foffer various alternative financing methods for funding projects of all sizes, we will consider all types of projects but we prefer projects related to the following:<\/span>\u00a0<\/span><\/p>

  • Humanitarian<\/span>\u00a0<\/span><\/li><\/ul>
    • Education<\/span>\u00a0<\/span><\/li>
    • Medical<\/span>\u00a0<\/span><\/li>
    • Renewable Energy<\/span>\u00a0<\/span><\/li>
    • Agriculture<\/span>\u00a0<\/span><\/li>
    • Infrastructure<\/span>\u00a0<\/span><\/li><\/ul>
      • Transport<\/span>\u00a0<\/span><\/li>
      • Water<\/span>\u00a0<\/span><\/li>
      • Housing<\/span>\u00a0<\/span><\/li>
      • Job Creation<\/span>\u00a0<\/span><\/li>
      • Real Estate<\/span>\u00a0<\/span><\/li><\/ul>
        • Mergers & Aquisitions<\/span>\u00a0<\/span><\/li>
        • Business Expansion<\/span>\u00a0<\/span><\/li>
        • Technology<\/span>\u00a0<\/span><\/li>
        • Leisure<\/span>\u00a0<\/span><\/li>
        • Entertainment<\/span>\u00a0<\/span><\/li><\/ul>
          • Manufacturing<\/span>\u00a0<\/span><\/li><\/ul>

            We require an equity position as a joint venture partner for the project the amount of equity we require depends on the amount of funding required, type of project and the percentage of the funds available from the project owner. We only fund projects on a non re-course basis with a minimum 50% equity position except for humanitarian projects which we can fund up to 100% on a non-recourse basis.<\/span>\u00a0<\/span><\/p>

            We first need a\u202fFeasibility Study\u202for Executive Summary\u202fof the Project in English, with details on the following:<\/span><\/b>\u00a0<\/span><\/p>

            1. Total cost of the project?<\/span>\u00a0<\/span><\/li><\/ol>
              1. How long it will take to complete?<\/span>\u00a0<\/span><\/li><\/ol>
                1. Breakdown of the Monthly drawdown schedule to complete project?<\/span>\u00a0<\/span><\/li><\/ol>
                  1. How much funds you have available to start the Project?<\/span>\u00a0<\/span><\/li><\/ol>
                    1. Expected Yearly profits?<\/span> \u00a0<\/li><\/ol>

                      Property Funding<\/span><\/b>\u00a0<\/span><\/p>

                      Property\u202fLoans<\/span><\/b>\u00a0<\/span><\/p>

                      These include bridge loans, hard money loans, long term debt, preferred equity, joint venture equity, loan syndications, construction loans, development projects, property acquisitions, recapitalizations and much more!<\/span>\u00a0<\/span><\/p>

                      We have a capital network of select hedge funds, family offices, opportunity funds, REITs and private equity firms, all flush with capital looking for ways to deploy it\u2026 and for the right transaction \u2013 speed and efficient closings are the norm.<\/span>\u00a0<\/span><\/p>

                      Summary of the scope of this capital network as follows<\/span>\u00a0<\/span><\/p>

                      • Preferred Equity\/JV\u00a0<\/span><\/b>\u00a0<\/span><\/li><\/ul>
                        • Distressed Debt\/Hard Money\/Unique Situation Bridge Loan\u202f<\/span><\/b>\u00a0<\/span><\/li>
                        • Construction\u00a0<\/span><\/b>\u00a0<\/span><\/li>
                        • Opportunity Funds<\/span><\/b>\u2013 Opportunity funds can be very creative and will look at a very, very wide spectrum of investments.\u202f These include both debt and equity.\u202fTypically, $5M and above.<\/span>\u00a0<\/span><\/li><\/ul>

                          PREFERRED PROJECT TYPES NOT LIMITED TO:<\/span><\/b>\u00a0<\/span><\/p>

                          • Senior Care<\/span>\u00a0<\/span><\/li><\/ul>
                            • 55+ Senior Non-Hud<\/span>\u00a0<\/span><\/li>
                            • Hotels (flagged or with major operator)<\/span>\u00a0<\/span><\/li>
                            • Multi-Family<\/span>\u00a0<\/span><\/li>
                            • Mixed Use<\/span>\u00a0<\/span><\/li>
                            • Condo\u2019s and Condo Conversions<\/span>\u00a0<\/span><\/li><\/ul>
                              • Large Land Purchases in Major Cities with Vertical Schedule in Place<\/span>\u00a0<\/span><\/li>
                              • Large Solar Facilities<\/span>\u00a0<\/span><\/li>
                              • Other on Case by Case Basis<\/span>\u00a0<\/span><\/li>
                              • Bridge Loans:\u202f\u202f\u202f $5M to $20M<\/span><\/b>\u00a0<\/span><\/li>
                              • Types:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Construction, Refinance, Purchase<\/span>\u00a0<\/span><\/li><\/ul>
                                • Territory:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f USA\/Canada (including Hawaii, Alaska)<\/span>\u00a0<\/span><\/li>
                                • Term:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 12 months to 24 months<\/span>\u00a0<\/span><\/li>
                                • Rate:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 8.9% to 11.9%, fixed<\/span>\u00a0<\/span><\/li>
                                • LTV\/LTC:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 55% to 75% (subject to property type)<\/span>\u00a0<\/span><\/li>
                                • PPP:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 6 months interest<\/span>\u00a0<\/span><\/li><\/ul>
                                  • Points:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 3% to 5%<\/span>\u00a0<\/span><\/li>
                                  • Closing:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 10 to 30 days<\/span>\u00a0<\/span><\/li>
                                  • Fees:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f \u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202fAppraisal at cost; Site inspection, Lexus Nexis Search<\/span>\u00a0<\/span><\/li>
                                  • Require:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f PFS, Company and Individual Resumes, Executive Summary with history, 5-year\u202fproforma, pictures, appraisal if available, property owned list, pre-sales or pre-lease list, purchase agreements.<\/span>\u00a0<\/span><\/li><\/ul>
                                    • Bridge Loans:\u202f\u202f\u202f $20M to $95M<\/span><\/b>\u00a0<\/span><\/li>
                                    • Types:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Construction, Refinance, Purchase<\/span>\u00a0<\/span><\/li>
                                    • Territory:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f USA\/Canada\/ Caribbean\/ PR\/ Bermuda\/USVI<\/span>\u00a0<\/span><\/li>
                                    • Term:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 12 months to 60 months<\/span>\u00a0<\/span><\/li><\/ul>
                                      • LTV\/LTC:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f \u202f\u202f\u202fto 25%<\/span>\u00a0<\/span><\/li>
                                      • Rate:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 2.5% to 4.9%<\/span>\u00a0<\/span><\/li>
                                      • PPP:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 12 months<\/span>\u00a0<\/span><\/li>
                                      • Points:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 3%<\/span>\u00a0<\/span><\/li>
                                      • Closing:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 30 days to 45 days<\/span>\u00a0<\/span><\/li><\/ul>
                                        • Fees:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Appraisal at cost, Site Inspection, Lexis Nexis Search<\/span>\u00a0<\/span><\/li>
                                        • Require:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f PFS, Company and Individual Bio\u2019s, Executive Summary with history, 5-year proforma, pictures, appraisal if available, property owned list, pre-sales or pre-lease list, Purchase agreements<\/span>\u00a0<\/span><\/li>
                                        • \u202f<\/span><\/b>\u00a0<\/span><\/li>
                                        • Equity:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f $20M to $250M<\/span><\/b>\u00a0<\/span><\/li>
                                        • Types:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Purchase, Construction, Refinance<\/span>\u00a0<\/span><\/li><\/ul>
                                          • Territory:\u202f\u202f\u202f\u202f\u202f USA\/Canada\/Caribbean\/Bermuda\/PR\/USVI\/Mexico\/DR\/Panama\/CR\/Colombia\/Brazil\/parts of Europe<\/span>\u00a0<\/span><\/li>
                                          • Term:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 3 years to 10 years<\/span>\u00a0<\/span><\/li>
                                          • Leverage:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f to 90%<\/span>\u00a0<\/span><\/li>
                                          • Rate:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Participation of 30% to 85%, with waterfall for 3 to 10 years beginning at 3% and increasing<\/span>\u00a0<\/span><\/li>
                                          • PPP:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f TBD<\/span>\u00a0<\/span><\/li><\/ul>
                                            • Points:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 3%<\/span>\u00a0<\/span><\/li>
                                            • Closing:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 10 days to 30 days<\/span>\u00a0<\/span><\/li>
                                            • Fees:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f \u202f\u202f\u202fStandard Closing Costs + Minimum Application Fee<\/span>\u00a0<\/span><\/li>
                                            • Require:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Full Documents Sets<\/span>\u00a0<\/span><\/li><\/ul>

                                              Standard & Specialty Debt Funding<\/span><\/b>\u00a0<\/span><\/p>

                                              • Debt:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f $3M to $350M<\/span>\u00a0<\/span><\/li>
                                              • Types:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Purchase, Construction, Refinance<\/span>\u00a0<\/span><\/li>
                                              • Territory:\u202f\u202f\u202f\u202f\u202f\u202f \u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202fUSA\/Canada\/Mexico\/ Bermuda\/PR\/USVI\/parts of the Caribbean, Central & South America, East & West Europe.<\/span>\u00a0<\/span><\/li><\/ul>
                                                • Term:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 18 months to 10 years<\/span>\u00a0<\/span><\/li>
                                                • Leverage:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 55% to 75%<\/span>\u00a0<\/span><\/li>
                                                • Rate:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 1.75% to 9%<\/span>\u00a0<\/span><\/li>
                                                • Points:\u202f\u202f\u202f\u202f\u202f\u202f \u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f0% to 2%<\/span>\u00a0<\/span><\/li>
                                                • PPP:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f TBD subject to deal type and terms<\/span>\u00a0<\/span><\/li><\/ul>
                                                  • Closing:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f 15 to 45 business days<\/span>\u00a0<\/span><\/li>
                                                  • Fees:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f $7,000 to $55,000, plus appraisal<\/span>\u00a0<\/span><\/li>
                                                  • Require:\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f\u202f Full Documents<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

                                                    Foreign business loans may be a viable funding option for your business if you have overseas connections. Many instantly think of the World Bank when considering acquiring financing from foreign sources. However, the World Bank and its\u00e2\u20ac\u2122 components were designed for large reconstruction projects and for the development of low and middle-income third world countries. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"zakra_page_container_layout":"customizer","zakra_page_sidebar_layout":"customizer","zakra_remove_content_margin":false,"zakra_sidebar":"customizer","zakra_transparent_header":"customizer","zakra_logo":0,"zakra_main_header_style":"default","zakra_menu_item_color":"","zakra_menu_item_hover_color":"","zakra_menu_item_active_color":"","zakra_menu_active_style":"","zakra_page_header":true,"footnotes":""},"class_list":["post-2026","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/comments?post=2026"}],"version-history":[{"count":7,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2026\/revisions"}],"predecessor-version":[{"id":2095,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2026\/revisions\/2095"}],"wp:attachment":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/media?parent=2026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}