To Petro International Petro International is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals World-Wide Financial Services Mezzanine & Earn-Out Loans Low Interest Rates And Attractive Terms

Petro International World-wide Mortgage Division is a global private equity organization with approximately US$7.0 billion under management. Through professionals world-wide Petro International World-wide Mortgage Division provides equity and mezzanine financing for a wide variety of investment opportunities including:

• Management buy-outs and re-capitalizations
• Venture capital click here
• Growth equity
• Equity to reduce excessive debt burdens

Petro International World-wide Mortgage Division is a major leading commercial mortgage brokerage firm specializing in financing acquisition, construction, and mezzanine financing in addition to joint venture equity and highly leveraged participating debt. Petro International World-wide Mortgage Division has specialized consulting capability in litigation support, real estate consulting and debt restructuring.

Petro International World-wide Mortgage Division affiliated brokers closed US$57.43 billion in financings during 1999.
789 closed transactions were placed with over 2,250 lenders.
Financings encompassed a broad spectrum of property categories and debt and equity types. The largest individual transaction was a US$1,291,000,000 office/hotel portfolio acquisition. Not included in these figures were the consulting assignments, primarily expert witness engagements. Lender categories included World's Top 100 Banks click here, finance companies, thrift & loans, S&L’s, insurance companies, pension funds and private investors.

As the result of the increased securitization of real estate and the packaging of pools of loans for sale into the secondary market, mezzanine financing has become very popular in recent years.
Mezzanine financing (or, perhaps more appropriately, mezzanine capital) fills the gap between the first mortgage financing, which usually has a loan-to-value ratio of between 40% and 75%, and the equity participation of the borrowing principals (which is usually no more than 10% of the cost of the project).
Mezzanine financing commonly supplies financing that is equal to 50% to 90% of the cost of the project's capital structure. This type of financing can take several forms.
Most commonly, it will involve extending credit to the partners or other equity holders of a borrower and taking a pledge of such parties' equity interests (including the right to distributions of income), or else taking a preferred equity position that is entitled to distributions (in the form of excess cash flow after debt service) ahead of the borrower's principals.
A combination loan structure may also be utilized, which combines a first mortgage loan with mezzanine financing at an aggregate loan-to-value ratio of 90-95% and contains a shared-appreciation and/or contingent feature or requires an exit fee to be paid by the borrower.

Mezzanine Loans:
The program provides additional funding when first mortgage are at maximum loan amount

Loan Amount:
US$1,000,000 and larger (not including the first mortgage balance)

Term:
Fully amortized over 3-5 years. The first mortgage term will be longer.

Interest Rates:
7% - 11%

Fees:
½% - 1.¼% of the loan amount

Earn-Out Loans:
This program allows you to increase the original loan amount at a future date. The Net Operating Income (NOI) will be reviewed 6-12 months from the initial funding. Earn-out amounts are calculated based on a predetermined DSCR and LTV.

Loan Amount:
US$5,000,000 and larger (including the first mortgage balance)

Term:
7 years & greater

Interest Rates:
The spread for the Earn-out interest rate will be fixed at the time of the initial closing. Spreads will be higher than the permanent loan. The increased interest rate will be blended with the initial first mortgage.

Fees:
¾% - 1.¼% of the total loan amount.

Petro International As An Investment Partner

Petro International World-wide Mortgage Division affiliates brokers views themselves as management's partner. Petro International World-wide Mortgage Division works with management by providing advice and assistance in financings, acquisitions and other strategic, board level issues.
Moreover, Petro International World-wide Mortgage Division affiliatesd brokers offer access to a broad network of operating, financial and other relationships to support the development of each portfolio company.
Consistent with management's objectives, Petro International World-wide Mortgage Division affiliated brokers goal is to build the value of its portfolio companies.
Petro International World-wide Mortgage Division's primary source of profit is through the appreciation of its equity investments, and not from fees or asset sales.
Petro International World-wide Mortgage Division is highly motivated to fund a company's growth through acquisition or internal expansion.
As a consequence, it is critical for Petro International World-wide Mortgage Division to create a financially sound capital structure and, when appropriate, to provide follow-on growth capital to enable each portfolio company to take advantage of strategic growth opportunities.
Petro International World-wide Mortgage Division is generally represented on the board of directors of a company in which it has an investment. Petro International World-wide Mortgage Division does not, however, expect to have involvement in the day-to-day operations of a portfolio company.

We trust that we have clarified the intriguing world of Petro International's Mezzanine & Earn-Out Loans Program. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.

Please click here to inform us the full particulars of your situation and what you wish to accomplish. We will review your situation and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.

If you would like to obtain further details surrounding Mezzanine & Earn-Out Loans Program or wish to discuss any matter in complete confidence,
please click here to contact:
Mr. John Douglas
Petro International's Mezzanine & Earn-Out Loans Department.

Please click here to explain us your needs, and our customer services highly experienced personnel will be happy to provide you with all the information you need.

Please feel free to contact Petro International if you believe an application for an Mezzanine & Earn-Out Loans may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.