Project Funding 25 Million and Up! We do not charge ANY upfront, due diligence or application fees! For project funding of transactions 25 million and upward, please complete the attached questionnaire and send with an executive summary for a preliminary approval. If approved a full submission is to follow. Full approval and funding can occur within 45 to 60 days. All types of projects are considered. Project Financing and Customized Funding Solutions. We are an international lender operating out of Panama, interested in funding projects that make sense in jurisdictions that are politically stable and preferably emerging markets. That being said, every project is considered on its own merit and compensating factors are always considered. 1 Ziggurat Panama S.A.
020111 z project programs & process presentation
Jun 29, 2015
Project Financing and Customized Funding Solutions.
We are an international lender, operating out of Panama, interested in funding projects that make sense in jurisdictions that are politically stable. That being said, every project is considered on its own merit and compensating factors are always considered.
As a Private Equity Fund, Ziggurat has three very unique features that separate them from the majority of programs offered in the market;
1.The first is that everything we do is circular, meaning that to accomplish the entirety of what we do as a lender, we have no need to go outside of our syndicate to accomplish that goal.
2. We have no upfront or due diligence fee’s. If we don’t fund your project for any reason we will absorb all due diligence fee’s that may apply.
3. Unlike most financial institutions that require as much as 30 to 40% capital contribution prior to funding your project, Ziggurat will fund 100% of your project from shovel ready forward.
For project consideration please submit attached applicable project questionnaire along with executive summary.
The Steps To Consider Your Project Are:
1. Submit applicable project questionnaire along with executive summary.
2. Once preliminary approval is given a telephone interview is arranged to determine mutual compatibility.
3. Assuming compatibility is established, Documents of Engagement are issued and Preparation for full submission is arranged.
We are an international lender, operating out of Panama, interested in funding projects that make sense in jurisdictions that are politically stable. That being said, every project is considered on its own merit and compensating factors are always considered.
As a Private Equity Fund, Ziggurat has three very unique features that separate them from the majority of programs offered in the market;
1.The first is that everything we do is circular, meaning that to accomplish the entirety of what we do as a lender, we have no need to go outside of our syndicate to accomplish that goal.
2. We have no upfront or due diligence fee’s. If we don’t fund your project for any reason we will absorb all due diligence fee’s that may apply.
3. Unlike most financial institutions that require as much as 30 to 40% capital contribution prior to funding your project, Ziggurat will fund 100% of your project from shovel ready forward.
For project consideration please submit attached applicable project questionnaire along with executive summary.
The Steps To Consider Your Project Are:
1. Submit applicable project questionnaire along with executive summary.
2. Once preliminary approval is given a telephone interview is arranged to determine mutual compatibility.
3. Assuming compatibility is established, Documents of Engagement are issued and Preparation for full submission is arranged.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Project Funding 25 Million and Up! We do not charge ANY upfront, due diligence or application fees! For project funding of transactions 25 million and upward, please complete the attached questionnaire and send with an executive summary for a preliminary approval.
If approved a full submission is to follow. Full approval and funding can occur within 45 to 60 days.
All types of projects are considered.
Project Financing and Customized Funding Solutions.
We are an international lender operating out of Panama, interested in funding projects that make sense in jurisdictions that are politically stable and preferably emerging markets. That being said, every project is considered on its own merit and compensating factors are always considered.
1 Ziggurat Panama S.A.
Ziggurat Panama S.A. 2
All of our cost and fees applicable are paid at closing. We lend those fees to you above and beyond your loan request. If your loan request is denied for any reason there will be no cost to you. The minimum loan amount we will consider is 25 million dollars. There is no maximum dollar amount. Large projects are usually phased down to loan amounts of 500 million or less until completed. Some of the different project types we have financed or monetized and will consider are: Hotels, Resorts, Casinos, Commercial Malls, Buildings, Refineries, commodities plants, gold mines and all types of energy related transactions. We will consider financing 100% of the cost of completing the construction including all other cost involved from the point of shovel ready forward. Our ideal project, is at the point where the only thing stopping them from moving forward and beginning construction is the lack of capital required. The principles have invested millions of dollars on soft cost, procuring the land and preparing all the necessary documentation to request funding.
Who and what we are:
• We are a Private Equity Fund.
• We are an international Lender operating out of Panama.
• We are a Fund of Funds.
• We lend to Lenders.
• All of the associations we have are part of our circular group. This process is internal to us.
What and how we do what we do:
• Brokers and or intermediaries work as a liaison or a referral between the borrower and the lender and attempt to find a lender to accept a borrowers request for a loan. We on the other hand have the funds available to lend to the transactions chosen by our board for funding.
• Although we are a lender, we operate and function completely different than your local bank.
• We do not go out looking for money to lend!
Ziggurat Panama S.A. 3
Where and how we get the funds we lend:
• We create and generate the liquidity necessary to fund selected projects and transactions chosen by the Board of our circular group.
• As in everything in life the key to succeeding in any venture is closely tied to valuable relationships within an organization.
• Teamwork or synergy within an organization with key proprietary information tied together to accomplish a mutual goal. In our case the mutual goal is generating liquidity to fund selected transactions.
• In its simplest form our group generates liquidity by issuing a letter of credit or surety bond to those projects or transactions selected by our board of executive officers.
• That financial instrument is issued by one of our board members internally that work together closely with our insurance underwriters. It is converted to cash via our relationships with global banking institutions which, in turn is used for the funding of transactions.
• Note: The process of turning that financial instrument into cash is proprietary information.
Who and what we are not:
• We are not a Broker.
• We are not intermediaries.
Ziggurat Panama S.A. 4
Confidentiality Agreement: As a private equity fund we have strict confidentiality agreements with our clients and we are not able to discuss prior or ongoing activity within our organization. That being said we have recently funded energy, resorts, commercial, and commodity projects (including combinations of those named) in 30 plus countries and in ranges from 25 million to 3 billion.
Escrow Requirement: Our providers of financial instruments require an escrow deposit of 1% of the loan amount for a Letter of Credit or 1% of the loan amount or a maximum of 750k for a surety bond. It is one or the other of these instruments that are used for your projects funding. In most cases the instrument used is a Cash Backed Letter of Credit.
Ziggurat Panama S.A 5
The escrow is placed to satisfy the insurance underwriting requirement of proof of liquidity.
Our escrow account is set up with JP Morgan Chase in Miami Lakes Florida. Although our loans are international, our group selected this jurisdiction because it has some of the strictest financial regulatory bodies worldwide.
Opt Title’s and escrow has never had any complaints against it of any kind ever. Our Private Equity Fund has never had a single complaint and has always returned the entire escrow amount to our clients at the appropriate time applicable. That can be checked out and verified by you. We can provide a reference letter from JP Morgan Chase and our E&O insurance for our Escrow account.
Our Rates:
•Our two most popular programs have interest only rates at prime plus 2.75% (6%) or prime plus 5.75% (9%). Prime is currently at 3.25%.
Programs Offered:
•Depending on the program and the project details an equity shareholder position of 10 to 25% may apply. On select projects:
•Equity shareholder positions may not apply.
•A sinking fund attachment may be available.
Typically our terms for construction are 12 to 60 months.
Ziggurat Panama S.A. 6
The first step in our process is: Borrower submits completed project questionnaire along with executive summary for preliminary approval.
Lender accepts or denies interest in financing project.
If lender is interested, documents of engagement are issued. A conference call with borrower is recommended prior to issuing documents of engagement to confirm compatibility.
(1 to 2 weeks)
Documents of engagement are fully executed by both the borrower and the lender. The escrow deposit required, is wired and full submission of documents is electronically transmitted to lender. Pre Underwriting takes place to insure a complete package is submitted. (1 to 2 weeks)
Our Process:
Ziggurat Panama S.A. 7
Once a complete package is confirmed underwriting begins. A decision is issued on the project. (2 to 4 weeks)
If approved a Letter of Credit or Surety Bond is issued to the transaction. (1 to 2 weeks)
Complete due diligence is done on project and its principles. Panama Corporation and Bank Account is set up. (1 to 3 weeks)
8.
Final closing contracts are issued to client with specific timeframes and schedules for closing.
(1 to 2 weeks)
Transaction is closed and 1st draw is issued.
(1 to 2 weeks)
Depending on the efficiency of all involved the total timeframe
could more or less take 8-17 weeks.
Ziggurat Panama S.A. 8
Related Documents
