At Khang Lending, we provide MEGA FUNDING nationwide and also for our foreign clients who do new construction in any countries as well as in US, Canada, Mexico… You may have a plan to build something big with great profit in Vietnam, Malaysia, Thailand, Singapore, Japan, South Korea or European countries. This fund is for you!

We consider Hotel, Resort, Golf Course, Super Market, Shopping Mall, Hospital, Apartment, Warehouse, Factory, Oil & Gas, Energy, Education, Water System, Road, Bridge, Tunnel, Golf course and any other constructions with project financing from $100,000,000 USD up to a billion plus.

IF YOU HAVE AT LEAST 10% OF TOTAL PROJECT COST, KEEP READING!

WE HAVE TWO FINANCING OPTIONS FOR YOUR PROJECTS:

Option 1 – 30% down payment: We can get any good deals done as long as you have at least 30% of total project cost. Financing up to 70% LTV. Rate from 8% – 12%.

Option 2 – Standby Letter of Credit (SBLC) SOLUTION:

What is SBLC? – It is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used. A bank charges from 1% to 10% of total amount you need. Please prepare to have one. For example, if you need SBLC letter for 100 million, at 10% fee, you pay 10 million to get that letter from a bank.

What if you can’t get SBLC letter from a bank? – No problem! We can arrange one for you. We charge 20% of the SBLC amount you need. For example, if you need SBLC letter for 100 million, at 20% fee, you will pay 20 million to get that letter. With this SBLC Solution, the risk is on us. Financing up to 85%, 90% or 97% LTV. Rate from 4%.

FINANCING INFORMATION:

  • No pre-payment penalty
  • Construction Term: 2 – 5 year
  • Financing Term: 20 – 30-year term amortization
  • Loan amount from $100 million USD to a billion plus
 

TWO OPTIONS

 

#1 OptionSBLC Option
 

Down payment

 

30%10%
 

Closing cost

 

6% – 8%2%
 

Interest rate

 

8% – 12%4% – 5%

HOW OUR PROCESS LOOKS LIKE?

  1. Submit all docs about the projects and the borrowers’ → We will send out a Project Summary Sheet for you to know what to expect next. One of our very important things that get our attention is the 5-year projection you would need to provide us at the beginning. We only invest in very profitable projects. Be sure, you give us estimated amounts but has to be realistic. If not,you would pay some money for our time and our work.
  2. You review our Project Summary Sheet and agreed to move forward → We will have a term sheet for you to sign. You will make a SITE VISIT deposit and have the term sheet scanned back to our email. If it is in the US, we can schedule a site visit within 2 weeks. And it takes 7-10 days to complete report. If it is out of the country, then flights need to be available. It may take20 – 45 days.
  3. After the site visit, in 7 – 20 days, we should have a report completed and our decision should be made to move forward or not. If we say yes, we will send out a COMMITMENT LETTER to fund the project in the next 60 days. At this point, you will be requested to deposit a Commitment fee as the second deposit. If any reasons, the project is not funded, this commitment fee will be refunded. This fee will be credited to you at closing as well.
  4. After this second deposit, we will send out a list of all documents requirement that you need to complete as soon as possible in order for us to close in 60 days. You should not fail to provide any of these documents such as: Partners, Investors agreements, construction plans, insurance, builders, contractors agreements, permits, licenses, surveys, appraisals, equipment lists, business plan, invoices, receipts, all other legal docs…
  5. Everything is clear and ready to build? Now it is the time to get the money! Let’s say we agreed for 36-month construction term for 100 million fund. This fund will be divided equalmonthly and you will draw every month the same amount of $2,777.78. You can take less than this amount and you will be not allowed to get more than $2,777.78 each month. You will only pay interest for the amount you draw. And please note that, in order for you to do the second draw, you will have to prove what you use the first draw for. The same with the next draws.

PLEASE NOTE THAT:

  • Site visit team would be around 2 – 5 people from our team and we will be at the site for 1 – 3 days. The team will need to meet you and all people in your team (partners, investors, builders, contractors…). We will have one full day and one dinner with your team to discuss the project in details and get to know everyone. This meeting is very important to us. We will want to know who we work with, what projects we invest in and how everything is moving along the way.
  • After the site visit, we will compare what we have been told and provided by you on the paper and what we see by our eyes. If we see the potential of the project, we will move to the next steps. If we don’t see it is potential and it is not the same as what you provide us, we will not agree to move forward. If this case, we will not refund the site visit deposit. It will cover costs for us to travel, our time and our work. If we move forward, this site visit fee will be credited to you at closing.

YOU HAVE YOUR PROJECT READY?

Please email usall the documents requested below to Funding@KhangLending.com

  1. Project overview
  2. Project documents (Financial Operating Statement, Construction Plan, Permit…)
  3. A copy of your Driver License/ID& SS# card (all borrowers)
  4. All borrower’s Resumes
  5. Corporation Docs
  6. The last three months of your bank statements (personal & business)
  7. Fund proof shows the total money you and your partner has
  8. All pre-paid receipts (if any)
  9. The last three years of your Tax Returns (Show your income: Personal & Business)
  10. Personal Financial Statement (List all your assets, liabilities, incomes, expenses…)
  11. Five-year projection (Show us the profit of the project/NOI)
  12. Loan application package (we will email you)

We will contact youin 24 hours!

For any other financing requests that are not listed here, we would like to discuss with you and will find a way to help.

We can be reached at +1 (254) 292-9764, M-F, 9am – 4p.m, CST, USA

FOR YOUR REFERENCE:

We attached below two of our project summary sheets in details below for your reference. We send out these sheets in 48 hours right after we receive a financing request. 950-room Hotel project in Texas, USA 301 million cost and Oil and Gas project 4.5 billion in Africa.

HOTEL PROJECT $301,000,000 USD IN AMERICA 

April 1, 2018

Re: Central Park & Hotel Project

(Water park and 950-room hotel in Dallas, TX)

Dear John,

The following is the project summary and requirements for the Central Park & Hotel Project.

Project Costs/Duration/Pro Forma:

  1. $301 Million project costs – this includes land plus interest reserve
  2. 36-months interest on debt
  3. Stabilized NOI is projected to be $39 Million per year from the asset. However, minimum NOI must be $30 Million to qualify for our funding of $301 Million.

Here below is what we talked about for the Central Park & Hotel Project:

  1. We can provide the debt for this project.
  2. We will fund the entire project cost of $301 Million plus all fees and costs.
  3. 5.0% non-recourse during construction
  4. 36-months interest reserve
  5. After the construction loan expires, the loan will automatically convert to a 20/30-year amortized fixed loan at 4.0%. This fixed loan will be allowed to be transferred or assigned to the new buyer subsequent to construction, i.e., our loan will be an assumable or an assignable loan.
  6. You must agree to contribute a SBLC for 40% of the total project cost. If needed, we will assist you one time in arranging the lease of a 12-month SBLC, at your own upfront expense. The cost of the SBLC lease will be added to the total loan amount. Therefore, at the end of construction you be reimbursed for the cost for the lease of the SBLC. The construction loan will convert into a 20/30-year amortized loan at 0% and the equity split will be 5% to us and 95% to you. However, we will sell you an additional 5% equity at whole sale and add that amount into the loan amount. Therefore, you will maintain 100% ownership.

Your requirement:

  1. You will need to bring in an SBLC for 40% of the total project costs. If needed, we will assist you one time in arranging a 12-month lease SBLC at your own upfront expense, if desired.
  2. $500,000 commitment fee will be due after the site visit, if we choose to move forward.
  3. $100,000 for the site visit/assessment/feasibility report.

Rules for the fees:

  1. If we choose not to move forward after the site visit is completed, we will NOT refund the site visit fee.
  2. If we choose to move forward after the site visit is completed, we will issue an unconditional binding Term Sheet. We will also commit to funding this loan in 60 days from receiving the $500,000 commitment fee.
  3. At closing, we will reimburse the commitment fee and site visit/report fee.

Sincerely,

KHANG LENDING TEAM

OIL & GAS PROJECT $4,500,000,000 USD IN AFRICA

Jan 8, 2019

Re: Cargo Oil and Gas Project

Dear Mathew,

The following is the project summary and requirements for the Cargo Oil and Gas Project.

Project Costs/Duration/Pro Forma:

  1. $4.5 Billion project costs – this includes land plus interest reserve
  2. 48-months interest on debt
  3. Stabilized NOI is projected to be $1.9 Billion per year from asset. However, minimum NOI must be $500 Million per year to qualify for our project funding of $4.5 Billion.

Here below is what we talked about for the Cargo Oil and Gas Project:

  1. We will provide the debt for this project.
  2. We will provide financing the entire project cost of $4.5 Billion plus all fees and costs.
  3. 5.0% non-recourse during construction
  4. 48-months interest reserve
  5. After the construction loan expires, the loan will automatically convert to a 20/30-year amortized fixed loan at 4.0%. This fixed loan will be allowed to be transferred or assigned to the new buyer subsequent to construction, i.e., our loan will be an assumable or an assignable loan.
  6. First Choice: You must agree to contribute a SBLC for 20% of the total project cost. If needed, we will assist you one time in arranging the lease of a 12-month SBLC, at your own upfront expense. The cost of the SBLC lease will be added to the total loan amount.Therefore,at the end of construction you be reimbursed for the cost for the lease of the SBLC. The construction loan will convert into a 20/30-year amortized loan at 4.0% and the equity split will be 5% to us and 95% to you. However, we will sell you an additional 5% equity at wholesale and add that amount into the loan amount. Therefore, you will maintain 100% ownership.
  7. Second Choice: You can agree to contribute 3% in cash of the total project loan amount. We will agree to add an additional 3% into the loan amount as working capital if you wish to use it for future benefit. Therefore, at the end of construction you will receive the 3% back. With this option, the construction loan will convert into a 20/30-year fixed amortized loan at 4.5%. With this option, the equity split will be 55% to us and 45% to you. However, we will sell you an additional 5% equity at wholesale and add that amount into the loan amount. Therefore, final equity split will be 50% to us and 50% to you.

Your requirement:

  1. You will need to bring in 3% in cash or an SBLC for 20% of the total project costs. If needed, we will assist you one time in arranging a 12-month lease SBLC at your own upfront expense, if desired.
  2. $5,000,000 commitment fee will be due after the site visit, if we choose to move forward.
  3. $200,000 for the site visit/assessment/feasibility report.

Rules for the fees:

  1. If we choose not to move forward after the site visit is completed, we will NOT refund the site visit fee.
  2. If we choose to move forward after the site visit is completed, we will issue an unconditional binding Term Sheet. We will also commit to funding this loan in 60 days from receiving the $5,000,000 commitment fee.
  3. At closing, we will reimburse the commitment fee and site visit/report fee.

Sincerely,

KHANG LENDING TEAM