INVESTMENTS & ELIGIBILITY
FCFP Investment Strength
Current Commitment: $1 billion
Invested Over: $350 million
The FCFP has closed over 1500 loans in the last three years. In total, the FCFP has loaned just over $354 million over the last 3 years. Currently, over 80% of the FCFP loans have been paid back to the platform and the underwriting expectation is 100%. The FCFP currently has a committed revolving senior debt facility of $1 billion from an international hedge fund. Additionally, the FCFP has a third-party administrator that does all back-office and funds control and works directly with the FCFP executives and underwriting team daily. Given the short-term status of most loans, the FCFP has the capability to turn their commitment over multiple times a year which currently makes it a multi-billion-dollar facility.
FCFP Eligibility
All states and territories in the United States are eligible for FCFP financing.
Current lending markets:
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Puerto Rico
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USVI
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Texas
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Florida
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New Jersey
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Arkansas
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California
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North Dakota
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Mississippi
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South Carolina
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North Carolina
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Louisiana