Project Funding Platform
The Ultimate Program for Financing Projects
SMC provides unparalleled access to a new project funding platform that provides up to 100% of a project's total development costs in sponsor equity. The program provides individuals and organizations with a unique opportunity to completely finance their development projects. It is specifically designed to cater to the needs of high-net-worth individuals and corporations, aiming to accelerate their wealth accumulation.
Funding Overview
SMC and our investment partner specialize in asset-based funding, focusing on commercial real estate and infrastructure projects. Our partner has extensive experience in this field and understands the unique challenges necessary to create effective financial structures for project funding.
The group’s asset guarantee services and partnerships with top-rated institutions ensure we obtain the funding required under pre-aligned conditions. Insightful solutions that create a competitive advantage and secure a more stable financial future for our project funding opportunities.
Key Points
- Funding Range: From $70MM to 1 Billion
- Deposit: $10.1MM or Tether for projects up to $70MM
- Simple Funding Process: Disbursements over 3 Tranches
- Funding: Full Equity or a market-rate Term Loan
- Loan Option: Term of 5 years
Equity Funding
2. Deposits for the project funding are summarized as follows:
- 10.1MM for up to 70MM of gross project funding, 12.5MM for up to 100MM of gross project funding, and for each 1MM additional deposit over 12.5MM, there is an increase of 8MM in gross project funding.
- The project funding disbursed is gross, meaning the total funding amount detailed herein includes the return of the initial deposit.
3. Project funding ranges from 90% to 100% of the project’s total development costs. Our due diligence on the project’s viability, sponsorship, and any possible equity participation of the funder will determine the final percentage of the sponsor's total equity.
4. Project funding occurs over a three (3) tranche draw schedule. The first tranche will be disbursed within 90 business days, the second draw within 60 business days thereafter, and 60 business days thereafter for the final disbursement.
5. Project funds are disbursed into an agreed-upon entity where funds are used for disbursement of the project’s budgeted expenses.
Non Recource Loan
1. All project funding requests are to be accompanied by a proof of deposit, in USD, USDT (Tether), or Bitcoin crypto currency, and the project’s Offering Memorandum (OM) that includes all financial details.
2. Deposits for the project funding are summarized as follows:
- 10.1MM for up to 70MM of gross project funding, 12.5MM for up to 100MM of gross project funding, and for each 1MM additional deposit over 12.5MM, there is an increase of 8MM in gross project funding.
3. Project funding is up to 90% of the project’s total development costs. The final total percentage funded is determined by our due diligence on the project’s viability, sponsorship, and the equity participation of the funding group.
4. Project funding occurs over a three (3) tranche draw schedule. The first draw will be disbursed within 90 business days, the second draw within 60 business days thereafter, and 60 business days thereafter for the final disbursement.
5. Project funds are disbursed into an agreed-upon entity where funds are used for payment of the project’s budgeted expenses.
6. The non-recourse loan will be at current market rates using the 1-month SOFR with a spread of 2% or greater. The final rate is determined by the development projects completed with due diligence.
7. The loan term ranges from 2 to 5 years, determined by the project's draw schedule and stabilization projections.
8. Interest-only payments will be disbursed from the project’s interest reserve for the entire term of the loan.
A Small Sampling of Eligible Projects
Interested in Project Funding?
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