Services

FUNDING

 

Prosperity International, LLC’s Project Funding Division is comprised of a highly skilled and experienced group that specializes in thinking outside the conventional financing box. Our specialty is our ability to access and implement financing strategies that suit our client’s unique needs.

Prosperity is prepared to assist with a full range of services in the financing investment of commercial, residential and tourism projects, including design and implementation of projects in each of these arenas. Our goal is not only to support effective design and delivery of project financing, but also to assist with needed clarification and justification of specific requirements, and valid commitments of social resources that will lead to improvement and progress. Prosperity is committed to working with existing institutions and/or governments, and organizations, as well as facilitating new initiatives.

The following are a few of the services we offer with a great amount of flexibility in what we are able to accomplish. We are solution oriented and ready to assist you.
Project funding can be arranged, which will be supported by credit enhancement or collateralized by negotiable securities made available by borrower such as:

• Standby Letters of Credit issued by a major North American or Western European bank.
• Negotiable Certificate of Deposit (with interest) issued by a major North American or Western European bank.
• Letter of guarantee or bank guarantee issued by a major North American or Western European bank.
• Insurance guarantee issued from a major top 25 Insurance company.
• Promissory Note issued by a major International bank.
• Government issued Treasury bond.
• Safe keeping receipt for value issued by a major International bank.
• Gold certificate issued by a major International bank.
  

Prosperity can arrange for grant financing for those select projects that qualify.

Prosperity can assist clients who want liquidity from their financial notes. Through the good offices of the Kenfam Group, a premier cash flow specialist, we are able to facilitate the direct purchase of your Real Estate Notes, Business Notes, Mobile Home Notes, Annuities Notes, Airplane Notes, Investment Opportunities, Structured Settlements, Inheritance Notes and Land Notes.

Prosperity International offers a broad range of corporate finance and capital investment services to major public, multinational and private corporations on a worldwide basis, providing a broad range of complex and innovative financing solutions. In addition, our leadership in debt or equity funding supports the development of economic infrastructure in developing countries by offering an array of funding products to include debt securities, bonds, structured notes and credit-enhanced notes. Highlights of this program are:

• Loan: Non-recourse, subject to acceptable terms and conditions.
• Interest rate: Negotiable between borrower and lender.
• Term: 5 to 10 years (average term is 5 years) or longer. The loan is paid off via sale or refinance. It may be paid off at any time, upon a 30-day notice period, subject to yield maintenance and without a pre-payment penalty.
• Commitment fee: A negotiated lender fee and correspondent fee as a percentage of total funding is payable at closing (due the lender) with 0.1% of the total loan amount being paid by Borrower upon acceptance of the commitment letter.
• Consultant and Broker fees: These fees are normally negotiated and agreed upon prior to the commencement of the funding process.
• The borrower covers the cost of any third party reports required on the project or during due-diligence, which can be paid during the due diligence phase. The borrower however is required to provide and pay for a legal deposit, application costs and an expense deposit and these are normally paid upon acceptance of the commitment letter from Lender.
  

Prosperity is able to provide project funding at 100% (debt or equity) on a non-recourse basis. Our specialist team draws from their expertise of comparable transaction in both emerging and liberalizing global markets. Typically our minimum loan is $100 million with no upper limit. We are currently funding projects throughout the United States, Caribbean basin, Central America, Eastern Europe, Southeast Asia and Southern Africa.

Our Team’s energies are focused on arranging highly structured, asset based financings, domestic and cross border, fully funded and partially or fully retired, leveraged and single investor, true leases, synthetic leases, project financings, and the private placement of limited or non-recourse debt. Alternative financing structures such as project financing that minimize or eliminate corporate or individual guarantees, as well as sovereign guarantees will remain a very attractive alternative solution to traditional capital financings. Our expertise in identifying and accessing the most favorable sources of capital offers excellent opportunities to our clients in providing customized financing strategies and creative solutions tailored to our client's specific needs.

Prosperity consists of a highly respected management group with international experience. Its mission is to assist under-developed countries outside the United States in accessing funds that are available under the existing Federal Government Programs and arranging contracts with US businesses that can implement the individual projects under our Infrastructure Development & Financing Programs. Prosperity provides three (3) Infrastructure Development & Financing Programs which meet the requirements for any nation and their infrastructure needs. These Programs are:

• Private Investment Partnership Program (PIPP),
• Government Infrastructure Development Program (GIDP),
• Build, Operate, Own and Transfer Program (BOOT).