The Latin American Chamber of Commerce (LACC) loan packaging clients include start ups, early-stage companies and established businesses. The nature of the credit may be a new loan facility, a new round of financing or the re-structuring of existing debt.
The loan package is structured according to the type of loan selected and the application of loan proceeds, including:
Under special financing considerations, a loan product may be designed to specifically meet the borrowing needs of a particular market segment. A prime example is OWN IT!
OWN IT! A 100% Financing Commercial Real Estate Loan Program
A 100% financing commercial real estate loan program designed for business owners meeting the following considerations:
This loan program allows the applicants to substitute paying rent with ownership in the property. The lender finances 100% of a commercial property’s appraised value. The loan amount can go up to 120% of the appraised value if the applicant also needs to finance the closing costs.
The lender will take a first position on the real estate and the business assets, even if it needs to refinance an existing loan in the business’ assets.
Borrower’s Eligibility Requirements
Type of Properties
Borrower’s Financial Condition
Occupancy
Terms