The Flex-Financing Program is an 18-month deposit program offered exclusively for Playa Vista Equities EB-5 Projects. The program allows an EB-5 investor to file their I-526 Petition with as little as $100,000 to begin. The remaining capital is then due over a deposit schedule, not to exceed 18 months. The program was designed to help EB-5 investors begin their I-526 adjudication process quicker than they otherwise would have been able to and has been carefully engineered to ensure compliance with USCIS.
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Bobby Laughlin, CEO of Playa Vista Equities, states:
"On November 21st, 2019, USCIS increased the investment minimum from $500,000 to $900,000 for TEA Projects. We believe this, among several other changes, substantially reduced the total potential EB-5 applicants, especially if the EB-5 investor was required to have the full $900,000 in cash to file their I-526 Petition. To continue to encourage and enable job-creation in the United States through the EB-5 Program and to further Playa Vista Equities' mission to innovate within the EB-5 industry, we saw this program as necessary and vital, especially during this time when economic stimulation and the associated job creation is needed more than ever.
The successful implementation of our Flex-Financing Program required that we find projects which do not need all of the EB-5 capital immediately, but that also can guarantee job-creation and a compelling return-on-investment through being presently fully-funded, or by demonstration of a clear path to becoming fully-funded absent any EB-5 capital. These projects are very rare and we are so excited to bring them to the EB-5 market."
If you'd like to learn more about the Flex-Financing Program, please visit our Learning Center by clicking here.