Commercial Loan (CL) – GF/2GF Group may approve and underwrite CL for selected clients and unique projects. Term and structure are flexible.
XL Visionary Projects | Special Situations Funds
Advantages of GF | Commercial Loan CL1.CL2:
• Elimination of risk of high or variable interest rates. Fixed rates – yearly interest payments only.
• Collateral assigned is the Project assets only and no personal assets or guarantees.
• Ability to extend Credit Facility and size of Loan for additional Projects.
• Payment before the end of term and to apply 12-36 months extension.
• Possibility of execution of complex commercial multiple contracts under the same Funding account.
• Non-Bank and Independent Adjudication for Global Lending and Risk assessment.
• Special Situations and Opportunities Class.
• GF shall require a 10% upfront down payment for both CL1 and CL2, upon term approval signed in both scenarios down payment is fully refundable.
Additional information or details – Our Global Team will reply to any related inquiry with complete info submitted (proper contact numbers, company details) within 24 hours, as one of our BDM | Business Development Managers will be assigned locally.
Application Checklist Page, click here.
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