PRETA Overseas Granted 80m euro Project Funding with AHEB Investment Group
European construction group PRETA Overseas Ltd enlisted the help of AHEB Investment Group when attempting to obtain funding for their latest construction project in Russia. AHEB's role was instrumental in securing the principal and interest for the 80m loan, which has now been received by PRETA Overseas from the lending financial institutions.
LIMASSOL, Cyprus, May 10 /PRNewswire/ -- PRETA Overseas is a large construction group based in Europe with several key successful development and infrastructure projects completed across Europe. For their next major project which includes energy network installations in Russia, PRETA requested the assistance of AHEB Investment Group in order to assist in the complex funding application process.
AHEB Investment Group has been assisting business and development projects with financing solutions since 2008, when it began helping ventures and start ups to secure much needed investment in order to carry out their intended business strategies for development or business expansion.
According to Andreas Charalambous, one of the Directors at AHEB Investment Group, during the funding application process, there is a very delicate balance to observe in order to successfully secure the loan. "Over the years with our experience helping start ups and established businesses to secure their funding, we have developed an in-depth understanding and appreciation of the required processes and steps to follow in order to have your loan application approved. When significant sums such as this one for PRETA are involved, it is of major importance that the perceived risk of the lending institutions is minimized and timing is crucial. This is where AHEB's input becomes invaluable," explains Charalambous.
AHEB has developed an extensive high quality network of investors who can provide financial backing in terms of collateral and guarantees for businesses, which are offered to the banks via AHEB as security, thereby allowing projects which would not normally secure funding through lack of capital to proceed. "Our set up is win-win for all involved. Our investors come across good investment opportunities and ventures to get involved in and they trust AHEB's recommendations and in turn those requiring financial backing get the collateral and advisory support during the process which they need in order to get the green light for their funding."
AHEB Investment Group successfully arranged all the bank collateral required to secure the principal and interest for PRETA's loan application, and as a result the funding was approved. The construction group officially received the funds required to proceed, to a total of 80 million euros, at the end of April 2010.
About AHEB Investment Group
Founded in 2008 to provide professional assistance in financing for start up businesses, and enterprises of medium and large size, AHEB Investment Group specializes in offering business financing solutions and assisting with funding for the development of large industrial and commercial projects. Its successful funding projects include large hotels, construction and real estate developments, energy related projects such as power plants, oil rigs and major purchases of ships and aircraft. AHEB has key relationships with leading global and regional banking institutions and assists businesses with the arrangement of collateral through a network of investment partners. For further information about AHEB Investment Group, visit www.ahebgroup.com, email [email protected] or call +1-347-416-6069.
SOURCE AHEB Investment Group
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