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Mission
Investors First Capital's mission is to
assure our investors and partner-lenders that not only will their
loans be backed by strong assets, but they will also be backed with
years of expertise in all phases of commercial lending and also with
uncompromising integrity in underwriting. Our goals are to exceed
lender expectations while offering our business clients innovative,
highest quality borrowing solutions.
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Vision
Recognizing today's challenging business atmosphere and the need for
capital, Investors First Capital specializes in funding specific
industries that will succeed in any economic climate. Our team is
focused on identifying growth companies with an emphasis on defense,
energy, medical and security specializations. Our partner lenders are
unrestricted which allows IFC to offer capital access to
all emerging enterprises. We are common sense lenders and we pledge
ourselves to open-mindedness and building long-term, trusting
relationships with our investors, partner-lenders, and business client
entrepreneurs. We, along with our partner lenders, project loan and
venture capital volume to exceed $500M within the next 24 - 30 month
period.
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Security
IFC's first commitment is to assure our lenders with maximum asset
security. In addition to first asset lien position on all business
assets and mortgages, our borrowers will be required to personally
guarantee each transaction by pledging his or her personal assets as
additional security. In the event the borrower's asset ratio does not
meet our requirements, additional co-endorsement will be required.
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Fees
Unlike our competitors in the finance industry, Investors First
Capital is unique as IFC does not charge any fees in advance. We pride
ourselves on being a contingency fee based organization. Borrowers,
however, can provide us with their recent business and personal credit
reports or IFC can provide this service at a nominal charge. Upon
approval, but before closing, borrower reports will be verified for
accuracy at the borrower's expense.
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Fees at Closing
IFC fees are determined by the
amount of risk and time involved in the packaging and the underwriting
of each client loan request. If IFC acts as intermediary on the
transaction, there could be additional fees on behalf of the investor
who is actually funding the transaction. IFC contingency fees range from .25% to
over 12% which
may not include outside legal fees, overnight courier charges,
document preparation costs, title insurance and others fees associated
with closing the IFC client's loan.
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