In addition to traditional equity and debt funding programs, Stevens Strategic Solutions, S3, also offers a few Preferred Funding Programs, an example of a featured program described below. As always, there are never any up-front monies with S3.

Basic Terms for Loan

  • 5-7% IR

  • 5-25 Year Term

  • 10-20% Cash Collateral or SBLC (Moody’s Rated) down in escrow

  • Interest only for length of construction then switches to amortized loan

  • Non Recourse

  • Average length to closing 45 days

Submission documents that are required:

1) Project overview or summary

2) Complete budget or draw schedule

3) Project business plan / IRR

4) Verification of liquid capital / proof of funds / LOI from other lenders

5) Management bios / experience

6) Proof of funds for the cash collateral - cash, bank instrument or bond (SBLC)