Special Funding Availability

Special Funding Available to Nonprofit and For Profit Groups for a Limited time Only

 

APPLICATION GUIDELINES

EXECUTIVE SUMMARY

The Project Funding offered through is very similar to conventional banking and venture capital financing alternatives, with the main difference being that the funds received are a “capital infusion” in the form of a non-recourse loan and as such, not a liability. The only condition to retiring the loan without the need for repayment is that the funds be used for humanitarian projects, that actually are completed, in accordance with a predetermined and agreed upon concept and schedule. The funds cannot be used for illegal, immoral or military use.

Each project considered is unique from the next. Therefore we use a simple ten-point common-sense approach to initially evaluate a project to determine its viability. Kindly specifically include and submit the following (preferably via e-mail in an electronic PDF file format):

1. PROJECT NAME
Provide the project name and/or title and the company name the project will be held in. Please submit a preliminary (3-4 pages) narrative Executive Summary of the project.

2. GENERAL INTRODUCTION
Provide a general introduction/vita of the principal(s), their pertinent/applicable business, educational, and personal history, and specific contact information for due diligence.

3. FUNDING REQUEST
Briefly submit the (total) funding request for the project.

4. TERM
Chronologically provide a tentative term/timeline of the project and/or its phase dates.

5. COMMUNITY IMPACT
State how the project will positively impact and/or enhance the community (e.g. additional jobs, local revenue, community property value improvement, etc.).

6. ENVIRONMENTAL
Clearly define and explain any environmental issues/reports and remedies thereof.

7. SPECIFIC PERFORMANCE
Chronologically describe the specific performance objectives as they pertain to the development of the project and/or the timeline of the capital funding needs.

8. EXIT STRATEGY (IF ANY)
Describe the anticipated specific performance of the project as it pertains to the proposed exit strategy, if any.

9. SUPPORTING DOCUMENTS
Include any relevant supporting documents (business/project plan, purchase contracts, warranty deeds, surveys, appraisals, property tax statements, leases, rent rolls, photos, etc.) that may be applicable.

10. LETTER OF INTRODUCTION
Include a letter of introduction from an acceptable Bank attesting the principals and entity are of good character.

After an initial due diligence review of the above, you will be contacted to further proceed with the funding process, as applicable.

11. MEETING WITH THE BOARD OF FUNDING SOURCE WILL BE REQUIRED.