
The Loan Sponsor Program
"Starting from initial discussions, we found that Fundingnet conducts their operations in a highly professional manner. Communication is always exemplary. Since the onset of our participation in the Loan Sponsor Program, FundingNet and their associates have never wavered in providing us with timely answers to our questions to assure meeting our overall needs, and the program continues to deliver the promised results."
Glen, Co-Founder & Chief Investment Officer
Investment Management Firm, Toronto ON
"We entered the Loan Sponsor Program toward the end of 2022, and have been very happy with the results. Payments come in on time and as expected. The program has worked exactly as advertised, and I continue to have full confidence in FundingNet and their programs."
Judith, Owner
Real Estate Investment Company, Philadelphia
(Full name and company information redacted to protect our clients from unwanted contacts)
SUMMARY
On occasion a potential client comes to us with a project we really like, but we cannot furnish them a loan because they do not have their initial funds raised. As a result we created the Loan Sponsor Program, which allows groups/individuals do not have a project but that have available money to realize a superior return on their capital (18% per annum) while helping us assist those projects with full financing.
Loan sponsors secure their funds into safekeeping through the same methods outlined in the Financial Safekeeping portion of the "Multiples Program" page, and receive 18% return as the benefit for their participation. Then, because of the presence of their funds in safekeeping, our banking partners extend us additional credit that we use to provide additional loans.
NOTE ** This process does NOT encumber the loan sponsor's funds in any way to our additional credit. FundingNet assumes 100% of the risk on those additional loans - the Loan Sponsor simply receives a static rate of return for their participation. Loan Sponsors and their funds are never tied to any of the funded projects.
MINIMUM LEVEL OF FINANCIAL PARTICIPATION
Loan Sponsors can begin earning their rate of return with a minimum participation of $500,000 USD or Euro. There is no ceiling. The minimum expected commitment is 12 months, and can continue as long as you wish to remain the program. If ever you wish to exit the program, the process simply requires 60 days written notice.
SECURITY OF PARTICIPANT FUNDS
Please see the "Financial Safekeeping" section of our page for the Multiples Program (www.filmcabbage.com/4-1-lending-program) for the options for Financial Safekeeping of your initial funds. Please note that the minimum level of participation in order to be able to utilize the insurance option is $1M USD/Euro (the participating insurers have set that as the floor in order to be insured).
HOW TO GET STARTED
If you are interested in becoming a “Project Sponsor”, all that is required is for you to provide your FundingNet representative with your CIS (Customer Information Sheet), Contact Information and a recent “Proof of Funds” (showing you have the minimum amount of funds available to participate). We will arrange for a call with you to discuss all of the details of the transaction.
Once you have been provided the full information about how the program works for you to review with your team, you can then determine whether or not you wish to proceed.
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If you wish to Learn more about becoming a “Loan Sponsor,” contact your FundingNet Associate and Provide;
i) Full Contact Information
ii) Recent Proof of Funds
iii) CIS/KYC sheet and passport
If you do not have a FundingNet agent, please reach out via our "About/Contact" page and a FundingNet representative will be assigned to you.
