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m2invest
1 Posts |
Posted - 05/03/2009 : 11:08:05 PM
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Interesting concept they have of an investor putting in more than you are requesting for funding into a bond, then requesting fees paid out of the line of credit, in excess of 60% of the bond face value & the investor receives assigned interest from the bond. Non callable for 10 years. At the end of 10 years, the borrower receives all interest, and the full face value of the bond.
Anyone heard of the company (which seems to have 2 names Goldstein-Meiers OR CLS Capital Group) OR of this "creative" funding process?
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Commercial_Hitma
98 Posts |
Posted - 05/04/2009 : 09:40:04 AM
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| I have seen people chase after this type of structured financing and in this case if it sounds too good to be true, it is!! Using bonds to finance projects really does work and does happen but this scenario is a total fantasy so the best thing to do now is keep searching for legitmate financing. I do know from experience that the labor union's pension fund is issuing bonds for various projects in order to get a larger return for union members retirement. Do a google search and as always, perform your diligence on the lender and any middle man that happens to be in the mix. |
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john.schuller
15 Posts |
Posted - 10/29/2009 : 06:01:36 AM
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| I completed a deal with Goldstein Meiers earlier this year using this model. I believe the in my due diligence CLS was a shareholder in G/M. |
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