| BDC Funding’s investment approach is based on extensive analysis and due diligence with an insightful evaluation of perceived vs. actual risk. By using a collateral-based investment process with a focus on principal preservation and downside protection, BDC Funding provides its private lenders with income on a monthly basis. As BDC Funding finds the right financing solution for each borrower, it provides its private lenders with a first-lien, secured place for their funds with a fixed rate-of-return.
As a private lender, funds are committed for a 12-month period dependent on either the loan term or when the loan pays off. The private lender’s principle is safeguarded by three layers of protection:
- The collateral, by the terms of the loan documents including the interest reserve
- The 12-month interest reserve
-
10% of the loan amount deposited by BDC Funding for each loan.
The process begins when the private lender completes opening-account documents which include:
- Personal Profile
-
Accredited Investor Form
- Confidentiality Agreement
- Non-compete Form
The private lender then wires investment funds to the BDC Funding Escrow Account administered by Corporate Trust Services of a federally-insured bank. Private lenders receive monthly interest on the funds from the date the money is deposited in the BDC Funding Escrow Account.
BDC Funding’s investment decisions are based on more than 25 years experience in the real estate, credit, mortgage and financial markets. BDC Funding is an affiliate of Beard Development Corporation (BDC) formed in 1981 serving the Mid-Atlantic and Southeastern United States.
For more information, please contact John Beard at jrbeard@bdcfunding.com
Telephone: 703.299.3400
Toll-free: 1.800.590.5600
|
