Fortin Financial Group
Fortin Financial Group works with an international private lender that underwrites and executes private placements of major loans for qualified borrowers from US$1 million to US$500 million or more. Loan funds come from Europe with the interest rate tied to the LIBOR (London Interbank Offered Rate) - not the U.S. Prime Rate - at simple interest - not compounded interest - with semi-annual payments in arrears. There are absolutely no loan covenants or restrictions on the use of the loan proceeds. Our client-borrowers can custom-craft a unique repayment schedule with maturities up to 7 years or longer, a grace period up to 2 years with no payments, plus loan extensions and no-prepayment penalty. As an example, Fortin Financial Group clients may currently borrow for 5 years fixed rate at approximately 6.00%. Many commercial borrowers currently pay Prime+2 or more (Prime+2 is currently about 10.25%) with restrictive terms and conditions that do not measure up to Fortin Financial Group's lender's uncommon and extremely favorable terms and conditions. Our mission is to quickly reward our clients with the most attractive interest rates and beneficial loan terms and conditions obtainable anywhere.
The company's Private Lending Services empower our clients to rapidly seize emerging business and financial opportunities by readily accessing loan funds with easy-to-understand documents, easy-to-follow underwriting procedures, and absolutely no lender interference in the borrower's business. Loan documents are uncommonly clear, simple, short, and minimal in number. In fact, only two simple letters are required to start a loan transaction.
Fortin Financial Group is a superior alternative to raising funds in the traditional commercial lending arena. For borrowers utilizing these services, the cost of capital is substantially lower than that of conventional sources. Clients realize significant interest savings, uncommon benefits, greatly enhanced financial agility and exceptional speed in receiving loan proceeds.
Corporations, individuals, partnerships, multinational companies, institutions, municipalities, and foreign government agencies comprise Fortin Financial Group's client base. Funds may be used for any lawful venture.
To qualify, the borrower must arrange for a top-rated commercial bank listed in the international banking directory, The Bankers' Almanac, to be willing to issue and deliver its Standby Letter of Credit or Letter of Guarantee to assure loan repayment. The Financial Guarantee fully eliminates the risk of loan loss, allowing Fortin Financial Group's lender to reward its clients with exceptional interest rates along with terms and conditions that are not available elsewhere.
Other forms of guarantee include Letter of Insurance Guarantee, Unsecured Promissory Notes of substantial companies such as Fortune 500 firms, the borrower's Promissory Notes co-guaranteed by an accepted major bank, the Sovereign Guarantee of an accepted foreign country, and others are readily accepted as the guarantee. Important institutions such as Colleges, Universities, Pension Funds, Endowments, Foundations, Trusts, and accepted Municipalities and Municipal Agencies may also issue a special unsecured Municipal or Institutional Guarantee.
The most frequently asked question by prospective clients is "Why should I secure a guarantee from my bank and borrow from Fortin Financial Group's lender when I can borrow directly from my bank without a guarantee?" The answer is simple: Fortin Financial Group's lender provides substantial interest savings (based on the LIBOR) over what a bank charges (based on PRIME). Moreover, the bank cannot possibly offer the beneficial terms and conditions Fortin Financial Group's lender can offer. Our clients are rewarded with substantial interest savings, greatly accelerated funding, simple interest, absolutely no loan covenants or restrictions, grace periods, and valuable other advantages banks cannot match.
