Investor Relations

History

First Capital Trusts, LLC (“First Capital Trusts”) was established to meet borrowers’ needs for fair and flexible, alternative and traditional lending sources when institutional bank financing is not appropriate or available.

Company Description

First Capital Trusts is Florida’s top private provider of alternative short-term, first-position residential and commercial mortgages. Credit is extended to borrowers with demonstrable equity, savings and the ability to repay loan commitments. The underwriting approach deployed ensures that property and transaction types are suitable for short-term financing. While private lending is the company’s core business, First Capital Trusts has diversified into ancillary lines of business not only to complement a successful business model, but also to generate significant cash flow and build long-term value from real estate assets.

Private Lending Investment Strategy

First Capital Trusts executes a strategy that is not driven by market trends or short-term profit opportunities. A disciplined, careful approach to each loan mitigates risk of borrower delinquency and loan default.

• First Capital Trusts is not – and has never been – a subprime mortgage lender
  
• First Capital Trusts  does not extend credit nor participate in land loans, second mortgages, mezzanine financing, re-financing of primary residences, or condo loans that are not Federal Housing Authority- (FHA) approved
• First Capital Trusts develops an exit strategy before extending any loan, and works with borrowers to help identify a longer term financing solution
• First Capital Trusts proactively provides borrowers with appropriate credit counseling to help clients improve credit scores
• First Capital Trusts escrows all loans for taxes and insurance
• First Capital Trusts services all loans that are extended to borrowers in order to closely monitor asset quality

Market Opportunity For Private Residential Loans

Our disciplined approach to private lending and real estate assets makes investment participation well-suited for those who seek an alternative investment opportunity as high as 10% in today’s ultralow interest rate environment and volatile stock market conditions.
Despite volatile economic conditions, Florida continues to be an attractive market for residential and commercial real estate. The South Florida market is home to more than 30% of all Floridians, all with the need for a place to call home, to work and to live. Average home values continue to surpass national and state levels and in some neighborhoods, home values are among the most expensive in the nation.*

Despite volatile economic conditions, Florida continues to be an attractive market for residential and commercial real estate. The South Florida market is home to more than 30% of all Floridians, all with the need for a place to call home, to work and to live. Average home values continue to surpass national and state levels and in some neighborhoods, home values are among the most expensive in the nation.*

With interest rates at historic lows and a surplus of real property on the market at attractive prices, the current environment is ideal for first-time homebuyers and investors to acquire real estate. To leverage this opportunity, buyers need a financial solution, like private loans, to avoid competitive bids, secure a property or lock in an attractive price. A private loan is also a solution for borrowers seeking bridge financing due to their personal situation, including the sale of another property.

The financial crisis of the Great Recession has made the availability of funds from traditional lending sources limited and the process longer. Additionally, personal financial hardships have temporarily tarnished what would otherwise be impeccable credit scores. Even the most qualified buyers with steady sources of loan repayment funds are unable to secure funds. These qualified buyers are seeking private loans.