FAQ's, What AFLINC will Not Do!

Who is Alternative Funding Lenders Inc.?

Direct Private Lender's that fund Commercial Loans for serious Real Estate Investors

Where does Alternative Funding Lenders Inc. get its money to fund?
All of our ' "Private Investors" are "High-Net-Worth" Private multi-millionaire Individuals that have their own funds. They merge their funds together to fund commercial projects.

How long has Alternative Funding Lenders Inc. been in business?
I have been in Real Estate Since 1977 .

What AFLINC DOES NOT DO?

1. AFLINC(.... Does not TOLERATE BORROWER CONTROL!
2. AFLINC(.... Does not TOLERATE BROKER CONTROL!
3. AFLINC(.... Requires A $10,000. Engagement Fee, $3M - $200M--$25,000. Fee $200M -$500M and Up / Credit @ Closing.
4. AFLINC(....FAILURE to Sign FEE Agreement is AUTO DELETE
5. AFLINC LENDER(....Equity Funder Have NO FEES. (......
6. AFLINC(... DOES NOT PROVIDE "REFERENCES" just to satisfy a Broker OR Clients Curiosity!!
7. AFLINC(.... DOES NOT MODIFY THE WORDING OF OUR FEE AGREEMENT OR OUR FEES Just to Please the Broker or Client!!
8. NO BROKER is ALLOWED TO COLLECT ANY UPFRONT FEES FROM THE BORROWER!!
9. AFLINC(....DOES NOT Provide Terms OR Quote Rates OR Give the NAME OF OUR LENDER before Client
signs Fee Agreement . OR BROKER SIGNS A NCA !!
10. AFLINC Does NOT Enter into any NCA's or NDA's with the Clients!
11.AFLINC(.... DOES NOT WORK WITH "JOKER/BROKER" CHAINS .
12. AFLINC(..... DOES NOT ISSUE ANY "LETTER" STATING YOU ARE APPROVED, BEFORE WE LOOK AT
CLIENTS INFORMATION! DO NOT ASK
13.AFLINC (..... WILL NOT HAVE A CONFERENCE CALL WITH THE BORROWER OR Their "DEAL-KILLING" Attorney (FOR ANY REASON) Before they complete Requested FORMS!
14. YOU MUST BE DIRECT TO THE BORROWER. NO EXCEPTIONS!
15. AFLINC (......Does NOT FUND CHURCHES OR MOVIES!!
16. If Borrower will Not Complete LOAN APPLICATION/ (.... THEY ARE HIDDING SOMETHING!~

*********WE DO NOT WORK WITH "JOKER BROKER CHAINS"! NO EXCEPTIONS ************

You Must Be DIRECT to the Borrower!

What LTV will your Lenders Loan?

**THIS Lender will Loan 100% + of Loan Request /USA and Canada.

                     NO PERSONAL LOANS!!

They will Loan up to 107 % + of Loan Request, on any Purchase, Re-Finance, Construction, Any Purpose Loan, Etc.

How long does it take to fund a project?
For the average loan size, My Private Lender can FUND anywhere from 45-60 Days. LG Projects 4 - 6Months
Depending on The Backup of Loan Submissions. Lender Get's 300+ Submissions a Month.It also depends on the client, how fast he/she Provides the Necessary Requested Information.

Does Alternative Funding Lenders Inc. provide references?
We do not for the Reason that at Every Closing we do, our clients sign a "Privacy Disclosure" form among other legally binding disclosures. This Prevents Potential clients and brokers from calling our "closed Clients", asking them Stupid Questions, Just to ease a client or broker's skepticism." Sometimes we get arrogant brokers that claim to be in the business for 15+ years and they want to become "The FBI" and interrogate how we do business. If a broker claims to be in business for 15+ years, they should already know that Private Lenders CAN NOT provide references due to signed legally binding disclosures unless a client is willing to accept their info being publicized. So that makes you wonder, have they really been in the business that long? Or if they have been a successful broker that long? Hmm!!! Think about it
Does your neighborhood bank provide references? No! So why should we?

I am a Broker, how can I determine if my client is a Pipe Dreamer or not?
Simple, your client is asking for a loan, your client does not want to Pay The Fees for Submission, OR your client is asking for 100% financing and (looking for something for Nothing) Does not have "enough Money to Buy Groceries next Week" There are many people with great ideas but if they do not put any skin in the game, their project is meaningless.

My clients states that he already put Several Million Dollars into his project already, could the down payment be waived? NO, there are many schemes to where the Seller claims that the Buyer paid X Y Z into the project and never was able to show proof of it. Then some showed proof but it was questioned if the document(s) legitimate.
Question: Would you put millions into a project that someone else owns? No, so that statement is bogus to us and many other Lenders and Banks out there. If they can not meet the minimum down payment requirement, they will not get funded.

How many points does Alternative Funding Lenders Inc. charge?
We charge 4% $5M--$50m   3% $51 M ---$200M   2% $200M UP

Common Fees For 100% Lender:
$2,500.00Application Fee (refundable) + Other Fees Depending on Which Lender Program You Choose, Up To $500,000. For 3rd Party Reports

What is the max points a Broker can charge?
A Broker can charge up to "Equal of what I Charge" as long as it will not kill the deal. We have funded projects where the Total Points was 8 Points and the client agreed to it.

I have Numerous Projects "sitting on my Desk" Can Alternative Funding Lenders Inc.Fund them?
Are they "REAL Projects where the Numbers work,   OR are they just " Occupying Space?

My client has a weird project and cannot get funded anywhere. Can Alternative Funding Lenders Inc.Fund it?
As long as the Loan Profile or Executive Summary states what the funds will be used for, it make sense, the client can Provide what Lender needs, This Lender will FUND ANY PURPOSE LOANS

What projects will Alternative Funding Lenders Inc. not fund?
We will not Fund Any project that relates to buying guns, bombs or any other that relates to terrorists or destruction.