30-90+ day
flexible terms
ACTIVATE YOUR FULE SOURCE
Simple, Affordable, and Rapid Refundable Deposit Lending Across Canada.
1-888-633-FULE (3853)
APPLY NOWLENDING WHEN YOU NEED IT
You’ve found the perfect commercial investment acquisition. But wait! Before you can decide to proceed, you need to do your Due Diligence. You need to pull together a myriad of costings, details and assurances to develop the best deal you can. The last thing you want to get in the way is a concern about having the liquidity for the Deposit Capital.
What if you didn’t have to worry about locking down the deal and just focus on what you do best – closing the deal? Now you can!
Look to FULECap for short-term Deposit Capital Lending that’s virtually unlimited so you can put all your attention on closing your deal.
Funds from $100,000
to $1 million+
1% per month interest rate
For ANY real estate except
single dwelling residential
3% admin fee
Standardized loan
& legal docs
Simple & easy
approval process
Rapid turnaround for fast
and dependable service
RDF
WHAT IS RDF?
Refundable Deposit Financing (RDF) provides loans to you as a Purchaser for your commercial real estate acquisitions throughout your Due Diligence (DD) period. The loans provide liquidity for you and your business, financing refundable deposits that are contracted in Agreements of Purchase and Sale (APS). Refundable Deposit Loans typically range from $100,000 to $1,000,000+ for +/- 30-90 days.
HOW DOES IT WORK?
BENEFITS OF FULECAP
Liquidity
Provides access to immediate and
sufficient capital lending across Canada
Rapid
Turnaround Time
As fast as 48 hours approval + funding
Availability of Capital
Capital has been secured
Non-Covenant and
Non-Asset Underwriting
Based on standardized
structure/agreements
No Asset
Security Required
Guarantee, promissory note
and GSA only
Efficient and Easy
Approval
Standardized templates and
processes
Low Cost Capital
Reasonable transaction costs
and interest rate
THE DEPOSIT CAPITAL
YOU NEED…
JUST WHEN
YOU NEED IT!
APPLY FOR FINANCING TODAY!
LOANS & FEES
AN INNOVATIVE NEW CONCEPT IN COMMERCIAL REAL ESTATE
FULECap introduces a new and innovative way to help Commercial Real Estate Developers with their Refundable Deposit Financing (RDF). FULECap provides short term loans across Canada to finance a commercial real estate acquisitions during the Due Diligence (DD) period. We understand the commercial real estate buying process and have structured our product to best suit your needs.
ANY LOCATION. ANY ASSET. ANY TIME.
- Rapid turnaround time as fast as 48 hours!
- No pre-qualification required*
- Low fees
- Lending Across Canada
- Low interest rate
- Standardized legal contracts
- Online tools for fast, easy, hassle-free applications
- Fees + interest paid concurrently with advance funds
30 to 90+ day terms
1% per month interest rate
3% admin fee
ABOUT FULECAP
WHO WE ARE
The management team has more than 45 years of combined Real Estate Lending and Investing experience. They have come together to build this new venture based on their shared passion and a unique opportunity for the FULECap product in the marketplace. This team has collaborated with a broadly experienced advisory group with deep roots in Canadian lending, real estate development, prop-tech investment and venture capital.
FULE YOUR CAPITAL. FULE YOUR FUTURE.
MANAGEMENT
MICKEY BARATZ
CO-FOUNDER & PRINCIPAL
With over 40 years of experience in Commercial Real Estate and Finance, Mickey Baratz is the founding partner of private mortgage brokerage Empirical Capital Corporation. As Partner and Principal Broker at one of Canada’s leading private lending groups, he successfully managed annual totals of $200M with over $2B in period financing, specialized in financing student housing in Waterloo, and funding $600M over an 8 years period.
Previously with Fuller Jenks Landau Chartered Accountants, Baratz proceeded into the world of real estate with this strong financial background and has now aided in developing mid-size commercial real estate projects across the GTA. This industry experience and decades of skill development provides invaluable expertise to FULECap’s exceptional team.
ADVISORY
KEVIN ADOLPHE
ADVISOR
Kevin brings over 35 years of global experience in real estate, asset management and financial services to FULECap. Previously, as President and CEO, Manulife Asset Management Private Markets, and President and CEO, Manulife Real Estate, Kevin commercialized Manulife’s Private Asset Management capabilities to clients and investors worldwide. He profitably grew Manulife’s Real Estate platform threefold, expanding the business internationally. Prior to Manulife, Kevin was with CIBC and held a variety of senior roles including, Chief Administrative Officer and Chief Financial Officer of CIBC World Markets. He is a Fellow of the Chartered Professional Accountants (Ontario), is a member of the Institute of Corporate Directors and serves on numerous Boards.
DEENA PANTALONE
ADVISOR
Deena is Founder and Managing Partner at Venturon L.P., a venture capital group that invests in, and mentors North American start-up companies developing innovative technologies, products and services for the real estate industry. Deena is also a Managing Partner and Director of Marketing & Innovation at the National Group of Companies. She plans and oversees all marketing, sales, innovation, architecture, design and public relations activity for National Homes’ communities, condos, retirement residences, commercial and land development, throughout Canada and the USA. Her educational background includes studies in Urban Planning at the University of Toronto, a Masters in Marketing from Schulich as well as Real Estate Development at the Harvard Graduate School of Design.
JIM EMANOILIDIS
ADVISOR
Jim Emanoilidis is the founder and CEO of Westmount Guarantee Services Inc. Westmount is the leading provider of Tarion Bonds and condominium deposit insurance facilities, enabling developers to use purchaser deposits that would otherwise have to remain in trust as a source of project financing.
Jim has more than 20 years of deposit financing experience and, prior to establishing Westmount, was integral in the start up of the product line at two other companies.
CONTACT
CONTACT US
PHONE:
1-888-633-FULE (3853)
1-888-633-FULE (3853)
ADDRESS:
2005 Sheppard Avenue East Suite 200,
Toronto, Ontario M2J 5B4
EMAIL:
info@fulecap.com
Please fill out the form below and a member of our team will get back to you as soon as possible.
APPLY NOW
See Sales Representative for full details. Specifications are subject to change without notice.
*No credit checks required. However, FULECap and ADFI, at their sole and unfettered discretion, along with any of its affiliate entities maintain the right to determine which applications are sufficiently complete, accurate and appropriate for Refundable Deposit Financing (“RDF”). All rights shall be reserved to FULECap to provide and/or deny funds for RDF.
Trademark FULECap (“FULECap”) and Advance Deposit Financing Inc. (“ADFI”). All rights reserved. Content on this website is provided for informational purposes only, is not meant as investment advice and should not be considered a recommendation to purchase or sell any security, whether mentioned explicitly or not. This website is not to be construed as a form of promotion, an offer to sell securities nor as a solicitation to purchase securities. This website has been produced as a source of general information only.
Commentary contained within this website reflects the opinions of FULECap and its affiliates at the time of writing. It was developed from source that FULECap believes to be reliable. FULECap does not guarantee the accuracy or completeness of such information. The website may link users to other websites on the internet that are not maintained by FULECap. Therefore, we assume no responsibility for the contents of any other website. Access is provided for convenience purposes only. FULECap disclaims any responsibility for the content of other websites and does not endorse opinions expressed on other websites.
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