PRIME FINANCIAL FUNDING

      BOND FINANCING

 We have a Bond financing program that is done through Construction Bonds. The bonds are issued up to $200 million each and are purchased by Insurance companies and pension funds.  As many bonds as needed for a project can be issued for large projects.  Once the bonds are issued and purchased the company sets up an Asset Management Company to manage the funds.

                       Requirements for program.

  Complete Executive Summary and 10 year Performa required for submission. Project must show positive cash flow by third year.  10% of the loan is paid back each year for 10 years.  First two years payments come from escrow.

   Management company gets a 10% equity in the project as their participation.

   No interest on the loan as the pension fund makes the return on the Bonds.

   No up front fees.

   Bonds rated by rating company a “A”,  “AA” or “AAA” after complete evaluation of project.