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The
single largest challenge faced by borrowers with commercial projects is actually getting
them funded! We are here to help by providing you with possible funding sources for your
commercial funding needs
OUR FUNDING SOURCES HAVE ACCESS TO PROGRAMS THAT ASSIST A MULTITUDE OF PROJECTS:
- Apartment/Multifamily
- Golf Course/ Casino Gaming
- Hotel/ Motel/ Resort
- Industrial/ Warehouse
- Land - Raw/ Improved
- Office/ Medical Bldg.
- Outlet Shopping Mall
- Retail Anchored Center
- Retail Unanchored Center
- Special Purpose/ Mixed-Use
- Bridge/ Short Term
- Construction/ Development
- Mezzanine
- Hotels and Resorts Domestic and
international
- Construction and new development
projects
- Precious metals
- Major motion films
- Theme Park
- VC Money
This
Industry is competitive and challenging. PRESTAR Financial may have the funding source
you have been seeking. Deals and Projects that make sense!Our Sources are
specialists in project sizes of $40 Million to $5 Billion. We act as consultants
in capacity or broker; we refer funding candidates to unique and private funding source.
Our funding providers accept deals that make sense. Terms and LTV's will vary upon
provider, project and other factors therefore each terms set is determined by the funding
source that may view your project.
Creative Funding Programs Available for Non-Bankable Clients that Substitute
Vested Capital for Project Equity - Flexible Solutions for most any Commercial Funding
Project.
CALL FOR PROPOSALS
We are accepting funding proposals from potential recipients on an ongoing basis.
Candidates should submit proposals for debt-only structures, 100% joint ventures, or
debt/joint venture combinations.
Primary Objectives
PRESTAR is seeking to reinvest funds in new projects. Types of projects PRESTAR is
interested in are broad-based. All project types will be considered that yield job
creation in the US, and/or add liquidity in the US economy, and/or solve problems such as
clean water, alternative energy, etc. PRESTAR’s Investor seeks projects it can feel
good about funding, partners with whom it can feel good about working with, and long-term
profitability.
Requirements
· Project must have at least cash or real equity “skin-in-the-game” available
as demonstrated equity. PRESTAR’s Investor can fund up to 4x the amount of
demonstrated equity. Example: 10 million in equity results in funding at 40 million; 20 million in equity results in funding at 80
million. This is in lieu of underwriting. Any
project that can demonstrate Equity is far more qualified that un-audited financials.
· Candidates must be able to allocate if cash equity demonstration, in a PRESTAR’s Investor
account controlled by the recipient for a period of 30 calendar days; banks have what is
called a control agreement, blocked account agreement, etc. These are drafted between the
bank and the secured party (entity putting up the equity demonstration).
Procedures
· Candidates should submit a proposal including funding structure, ROI schedule,
company/project value, expected returns, collateralization plans, etc. Over-night 2 copies to us for fastest consideration. For minimal information or rough consideration email. Make sure there is sufficient
information for best consideration, including Authorized Agency, NDNC, Fee Agreements, Project Information,
Executive Summaries, and/or Valuation information for the Project! fcastro@prestarcalifornia.com.
These programs work on the strength of the project itself rather than principal personal
wealth or vested project capital. Often times these programs can yield highly favorable
LTV's, relaxed approval criteria and extremely fast and efficient closings. Please note
that vested capital does not replace initial capital required on any commercial funding
transaction. Many programs may require capital but in most cases is proportionate to a
very high LTV, unavailable with traditional funding routes.
NOTICE: PRESTAR operates in a highly competitive marketplace. Due to
this, we provide limited information on our programs via web and mass distribution.
Sensitive program information is reserved for clients who have viable projects and have
demonstrated genuine interest and ability to pursue the funding options we have access.
Often times our clients prefer to speak directly with funding source once they have
established interest in their project.
Corporate
Office: Frank
Castro, CEO and President
PRESTAR Financial Corporation 1110
E Chapman Ave., Suite 201
Orange, CA 92866 714.560.8484
Office Extension 208
Fax 714.560.8488
EFax 413.556.3575
Commercial, Joint Venture, Residential or Multi-family Real Estate and Mortgage Financing. At PRESTAR, we have the experience, knowledge and Partners to help.
PESTAR has been in operation since May 1993. PFC’s primary business is was to originate residential home loans for leading direct lenders as American Home Mortgage Company(no affiliation with American Home Mortgage Investment Corp, based in New York) , and re-sale of homes as American Home and Investments, in the So California area. We have now shifted our focus to the Industry’s need of Loss Mitigation, Loss Mitigation Group (LMG).
LMG has been formed to fill an emerging need in the residential lending industry. If you owe more that the property is worth we can help in the area of Loss Mitigation, call us at:
(866) MY RATE "0" while you have otions.

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