Learn More About 100% Project Funding
Using an Insurance Wrap for Project Funding (IWPF) is the most likely route to satisfy big and mega inquiries in the following industries: All Renewable Energy, Airports/Sea Ports, Hotels, Resorts, Hospitals, Infrastructure, Oil & Gas, and Transport, (Rail & Light Rail), subject to the terms and conditions set out by the Financial Institutions.
We particularly look at and examine the Fundamentals such as strong and experienced management teams, successful CEO, a qualified CFO and good marketing in their industries.
A lot of documentation surrounds the IWPF from Confidentiality Agreements to most of the standard ones, such as: The Executive Summary, Business Plan, Excel Cash Flow projections, and a Feasibility Study. However, all may be presented in one document if professionally prepared.
Other important issues are the Off-Take Agreements, the experience and reputation of the EPC contractors. All other incidentals dealt with such as Permits, Planning, Easements, etc., essentially before seeking finance.
Additional documents such as Engineers Reports, Gantt Charts, Schedule or Bill of Quantities, Site Plan, Topology Reports, confirmation of number of barrels per day (b/d) and a PESTEL Report, can and will also be in the mix.
At the commencement we will attach a limited number of documents for the project owners review, completion and signature as follows:
1. The General Intake Form for non-energy such as Construction.
2. The Intake Form for Energy, both are simple nondescript forms but data provided gives us enough information to make a determination as to whether the project is ‘Shovel Ready’, or not.
3. Executive Summary, this is how we would like the Executive Summary but if professionals familiar with the particular industry/s have prepared it we are reasonably sure it will be in line with our expectation.
4. An item regarding: “Shovel Ready”- it is for guidance.
When all those documents relevant to inquiries received are eventually assembled and labelled with the Project Name, and all concerned are of one mind, then the package will be sent forward to the insurers to essentially convert the Project Risk to a Credit Risk, which in turn will be insured and underwritten by Lloyd’s of London.
The fee for this Risk Assessment will be between $7k and $12k payable to the insurers. Once successfully underwritten and all other items such as Interest Rates (LIBOR) and Closing Fees, the finance flows within 60-90 days all matters having been discussed and agreed.
At the appropriate time to both parties, Conference Calls will be arranged.
It is important to note that we only deal directly with the Project Owners & Promoters.
If you would like to get additional information on using an Insurance Wrap to fund your project please send me an Executive Summary of your project to equileaseone@gmail.com.
Minimum loan amount for this program is $100 million.
