Showing posts with label energy project finance. Show all posts
Showing posts with label energy project finance. Show all posts
Tuesday, February 23, 2010
All Questions Answered!
There can't be enough said about the old adage "time is money". Nearly all of our funded projects begin with a conference with one of several people within our company. Although we have 23 people within Walker Commercial Funding, your initial conference call will be with one of three. It's very common for me to say, "Mr. Developer, it's important that you do not leave this conference call until you have asked all of your questions and have crystal clarity about what we are offering." An educated, informed client is priceless.
After our introductory call, you will be working with other people within our organization that expect you to be informed. This is just an efficient business model, nothing more, nothing less. Understanding from the beginning is so important, that if we have a conference call scheduled and only 4 out of the 5 can attend, I'll record the call (with everyone's consent) for the benefit of the absent partner.
After your project is received, your point of contact will most likely not be the person that introduced you to the company and the funding solutions. At that point, we ask that you direct all questions, updates, etc. to the "production" member of our team. Again, it's a matter of efficiency. You'll get more accurate information and faster answers.
This is our business model. We like to keep it simple and share it with you before you engage to do business with us. All I can say is two words: it works.
Thanks,
Brian Walker
After our introductory call, you will be working with other people within our organization that expect you to be informed. This is just an efficient business model, nothing more, nothing less. Understanding from the beginning is so important, that if we have a conference call scheduled and only 4 out of the 5 can attend, I'll record the call (with everyone's consent) for the benefit of the absent partner.
After your project is received, your point of contact will most likely not be the person that introduced you to the company and the funding solutions. At that point, we ask that you direct all questions, updates, etc. to the "production" member of our team. Again, it's a matter of efficiency. You'll get more accurate information and faster answers.
This is our business model. We like to keep it simple and share it with you before you engage to do business with us. All I can say is two words: it works.
Thanks,
Brian Walker
Sunday, January 10, 2010
What your new Joint Venture partner is looking for
I'm sure I'll be speaking with you soon enough if you have a Joint Venture candidate. As always, I'm going to tell you like it is. What is important to your/our JV partner is as follows:
1. Lots of muscle and experience in management. If you don't have it, you need to be prepared to hire it.
2. Integrity, honesty, fairness. Show your greedy little sharkfin and they'll run from you. Because you just met the opportunity of your life, be respectful and grateful. You will be given a tremendous amount of autonomy and they don't want to be taken advantage of.
3. Listen to their program. Put your hangup aside and listend to what they have to offer. Often they bring more to the table than just money.
Our funders are now accepting projects internationally. They prefer to fund projects 80M or more and like to see a clear humanitarian benefit to the community with opportunity for future projects. For more info, call Brian Walker at (281)-852-9422 or skype me at brian.walker7
www.walkercommercialfunding.com
www.walkercommeriafunding.org
1. Lots of muscle and experience in management. If you don't have it, you need to be prepared to hire it.
2. Integrity, honesty, fairness. Show your greedy little sharkfin and they'll run from you. Because you just met the opportunity of your life, be respectful and grateful. You will be given a tremendous amount of autonomy and they don't want to be taken advantage of.
3. Listen to their program. Put your hangup aside and listend to what they have to offer. Often they bring more to the table than just money.
Our funders are now accepting projects internationally. They prefer to fund projects 80M or more and like to see a clear humanitarian benefit to the community with opportunity for future projects. For more info, call Brian Walker at (281)-852-9422 or skype me at brian.walker7
www.walkercommercialfunding.com
www.walkercommeriafunding.org
Labels:
energy project finance,
Joint Venture,
new programs,
Private funding,
Wa
Monday, March 9, 2009
Energy Projects Funded with Contract Funding
Energy companies are finding new ways to finance their projects in these tough times for project finance. Most banks or traditional lending options require the developer to have a minimum of 30% down...and worse yet, many banks just aren't lending. There is, however, a solution!
Energy companies are working in the spirit of cooperation with their buyers, or "off-takers" and structuring contracts that enable the the developer to be funded in as short as two weeks...and the buyer can even structure the agreement in a way that enables them to defer payments for up to three years. Everyone wins! Most importantly, developers can get back on their feet and begin working again.
There are a few stipulations in order to successfully fund a contract. First, the buyers must agree to "take-or-pay" terms. In short, this is an absolute guarantee to purchase the product. Additionally, the buyer must have good credit. They must have a credit rating by Moodys or Standard and Poors of triple B or better. The other conditions to fund the contract are simple: they must be sum specific, date specific, and dollar specific. It's really that simple. Most government agencies and municipalities meet the minimum rating requirements. Some companies are even using this method of contract funding to fund their tax credits. As long as everything in the tax credit is spelled out as specific dollar, date, and the absolute language is used, the tax credits can be used to fund the project as well.
Walker Commercial Funding Brian Walker http://www.walkercf.com brian@walkercf.com (281)852-8298
Energy companies are working in the spirit of cooperation with their buyers, or "off-takers" and structuring contracts that enable the the developer to be funded in as short as two weeks...and the buyer can even structure the agreement in a way that enables them to defer payments for up to three years. Everyone wins! Most importantly, developers can get back on their feet and begin working again.
There are a few stipulations in order to successfully fund a contract. First, the buyers must agree to "take-or-pay" terms. In short, this is an absolute guarantee to purchase the product. Additionally, the buyer must have good credit. They must have a credit rating by Moodys or Standard and Poors of triple B or better. The other conditions to fund the contract are simple: they must be sum specific, date specific, and dollar specific. It's really that simple. Most government agencies and municipalities meet the minimum rating requirements. Some companies are even using this method of contract funding to fund their tax credits. As long as everything in the tax credit is spelled out as specific dollar, date, and the absolute language is used, the tax credits can be used to fund the project as well.
Walker Commercial Funding Brian Walker http://www.walkercf.com brian@walkercf.com (281)852-8298
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