Preta Overseas Granted 80m Euro Project Funding With AHEB Investment Group
By Aheb Investment Group, PRNESunday, May 9, 2010
LIMASSOL, Cyprus, May 10, 2010 - 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.
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 (www.ahebgroup.com/dotnetnuke/) 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 info@ahebgroup.com or call +1-347-4166069.
Andreas Charalambous, Director Public: info at ahebgroup.com, Tel +1-347-4166069
Tags: Aheb Investment Group, Cyprus, Limassol, May 10