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Remediation Capital Funding At A Glance
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Provides funding for environmentally challenged properties prior to governmental approvals and without a lengthy review period |
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Non-recourse, first mortgage financings |
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Funding available for projects of almost any size, at any stage in the continental United States ($1 Million to $25 Million) |
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LTV land only 50%* |
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LTV improvements 75%* |
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Payments -- interest only |
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Term -- 24 months, plus two one-year options, may vary |
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Loan Fee -- negotiable |
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Pricing -- 12% to 18% varies |
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* Environmentally Clean Value |
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