Platinum Expanded

• All types of investment grade financial instruments considered.
  
• $100MM minimum face value (instruments may be combined, one signatory only - if multiple entities exist, then a single LLC entity will need to be created for the trust).
• Up to 93% LTV.
• 3.5% fixed annual cost of funds. Interest-Only. Simple Interest.
• Interest is paid in arrears annually (after first year prepaid interest).
• $40-60K due diligence fee.
• No out-of-pocket costs (due diligence fee refundable by RRCI after successful funding*).
• U.S. Dollars & Euros (alternative currencies can be considered).
• 2-4 points. Points deducted from funding.
• Banking consortium fees and first year prepaid interest are taken from the remaining value of the instrument.
• The financial institution issuing the instrument must be A-rated or better (S&P or Moody�s). BBB is accepted on an exception basis with a lower LTV.
• Minimum 1 year remaining on term of instrument.
• The loan term is equal to the remaining term of the instrument.
• Funding terms may be extended if instrument has an appropriate evergreen clause.
• Funding in 10-20 days.
• No project identification is necessary.
• No underwriting requirements � only due diligence & information verification.
• Funds may be dispersed in traunches depending on the type of instrument, the face value of the instrument and the needs of the client (traunching schedules are not always required).
• No prepayment penalties.
• Privacy & Discretion.

Click here for details on our funding process.

*Please refer to RRCI's specific Service Agreement terms and conditions.