Pillar Mortgage Corp. - Private Equity & Capital Boutique- (Siva Pillarisetty its President - is Affiliated with sources of Private Equity & Capital as a Associate, Associate Partner, Broker, Finder, Intermediate, Consultant, Agent, Affiliate, Referrer, or on just a hand shake, etc. My title and roles vary with each source. Siva Pillarisetty - President of Pillar Mortgage Corp. & 100% Owner - " My
job is to find profitable projects for my Private Equity & Capital sources to partner in that qualify ". Siva Pillarisetty - Capital Finder - " As debt & equity finder, its my responsibility to find solutions for clients seeking capital sources "
Submission Format
Key factors:
A) Project has to be shovel ready. B) Developer has to be viable & liquid. C) Project has to be a sustainable development. Email the below listed info to: [email protected] (Siva Pillarisetty)
1) Official business plan for project.
2) Executive summary & bios on principals.
3) Per-forma - 5 - 10 yr projections is preferred.
4) Proof of Liquidity.
5) Indicate the amount of desired capital, along with what is owed, and any other pertinent information such as 3rd party reports, studies, constructions plans & budget, etc. Then we can start working towards getting you the initial " Letter of Intent " (LOI) from my source. In most cases I can be the facilitator on projects discussed that need project funding. I will be handling the facilitation of funding for your projects through my sources as the "finder" that is registered or affiliated with the source. Facilitation in most cases will include a general understanding of my sources format & funding model used, background & history of my-self and my sources. I will also be handling on the front end the intake & consummation of all applications, agreements, and finally the compilation of primary file which in most cases would consist of executive summary, business plans, 5-1o yr projections, any 3rd party reports, financials, proof liquidity, etc. Then I will complete my review and analysis per my sources requirements to deem file as pre-qualified, and will formally request a Letter of Intent (LOI)/Term Sheet (TS) from my source, in other words handling the submission of file to my source for a formal request of conditional approval pending the outcome due diligence and underwriting. Once the LOI/TS issued, I will also handle the delivery of the of the LOI/TS, explanation of items on LOI/TS, answer any questions. Then a teleconference will be set up with my source to facilitate closing on the LOI/TS, at this point any questions can be asked directly to my source, edits can be performed on documents to work towards a executable copy. If a face to face meeting is required to secure a closing on LOI/TS, it can be arranged on a case by case basis. Once again, there are no upfront fees from me or my source to get the LOI/TS. If you choose to close on the LOI/TS, rates, terms, fees are listed on LOI/TS. My procedures and format may vary from source to source, but listed above, a common general example, other formats may be simpler or more complex.
