JJAIG has created a China Senior Housing Loan Fund to finance senior housing development in China.
“We see an enormous opportunity here, and tremendous unmet need,” noted CEO Brian Smith. “According to some reports, there is a 100-year waiting list for seniors to have access to assisted living housing units.”
“Our response to this unprecedented opportunity is to issue a Request for Proposal (RFP) to developers in China, to apply for the 1 billion RMB yuan ($153 million USD) available. We have streamlined the application process, and hope to award the loan to a single developer as quickly as possible.”
The RFP is available on the JJAIG website. [download RFP]
For more information, contact JJAIG at +1 (904) 527-3936, or email info@jjaig.com.
JJAIG Executives attended two major events hosted by the International Décor Outlets (IDO) in December.
On December 8th, JJAIG CEO Brian Smith attended "Discover IDO 2015 - 1st Annual Home Improvement and Décor Conference" in Darien, Georgia. He gave a presentation on the U.S. economy to international manufacturers, and discussed with them the special financing programs JJAIG is offering to IDO clients. Mr. Smith also met with the state and local government officials, business leaders, and the representative from the Chinese Consulate General.
Following the successful "Discover IDO 2015" conference, on December 17th, JJAIG General Counsel Eric Smith traveled with an IDO delegate to Dubai, UAE. Mr. Smith presented to over 150 enthusiastic manufacturers who attended an international conference hosted by IDO.
JJ Atlantic Investment Group (JJAIG) has begun approval of short term Bridge Loans for companies participating in the International Décor Outlet (IDO) manufacturers and retailers program.
"These loans are designed to help foreign manufacturers in the IDO retail outlets defray some of their soft upfront costs,” noted JJAIG CEO Brian Smith. “Once the company has been approved by IDO to participate in their outlets, they can qualify for the Bridge Loan. It’s a simple application, with a one-year term."
So far, all of the loans approved have been directed toward payment of a portion of the deposit and first year’s lease on the applicant’s retail store, Smith said.
"It is a matter of just a few days to approve the application, and funds are disbursed directly to IDO, so the applicant can move into their new store as quickly as possible," he said.
The IDO Bridge Loan was created to meet the growing demand from foreign manufacturers, many of whom were having difficulty transferring funds from their country to the U.S.
"Start up capital is difficult to obtain, since there is typically a greater risk to capital. But since these are existing companies, expanding to the U.S. to participate in a truly innovative and dynamic venture, we felt that our risk was reduced substantially."
"We want to help companies succeed, and are constantly developing new products and new ways to help."
For more information about IDO, visit www.idooutlet.com.
In August, JJAIG met with several Chinese manufacturers interested in participating in the International Décor Outlet (IDO) retail venture.
Manufacturers from Dubai, UAE and several Chinese provinces, including Guangdong, Hebei, and Zhejiang, visited the JJAIG offices to learn how they can finance their IDO operations in the U.S., and secure funds for the “soft” costs associated with leasing storefront.
“It’s often difficult for start-up ventures to secure financing,” noted Brian Smith, CEO of JJ Atlantic Investment Group. “It’s even more difficult to secure funding when your start-up is in a foreign country. We want to help these manufacturers set up their U.S. operations, and be part of their success.”
JJAIG is offering a Bridge Loan to companies joining IDO, to help defray part of their soft upfront costs. The Bridge Loan will pay up to 45% of the lease deposit and first year’s lease to qualified IDO manufacturers. The term is for 1-year. Applicants may submit their loan application to JJAIG at the same time they submit their application for participation with IDO. If approved, funds will be available at signing of the IDO lease agreement.
“Qualified IDO participants can also access a larger operating loan, with favorable rates and terms, and a faster turnaround than most of our other loan products,” said Smith. “We have made these special arrangements with IDO because we see the opportunity that this venture presents. It is a game-changer in the home décor and home improvement industry.”
More manufacturers from China, Eastern Europe and the Middle East are expected to visit JJAIG headquarters in the coming weeks, to discuss venture financing.
“The economic stimulus the project provides is enormous, and we want to do what we can to help make this happen.”
“We’re here to help.”
JJAIG CEO Brian Smith accompanied a delegation from the International Décor Outlets (IDO) to manufacturing centers in southern China – Foshan City, Zhongshan City and Dongguan City in Guangdong Province – to let the manufacturers interested in being part of IDO’s factory-direct-to-consumer retail outlets know that JJAIG can assist them in financing their U.S. retail operations.
“Under special arrangements with IDO, we can provide fast track financing approval to qualified applicants,” Smith told the assembled manufacturers and trade associations in Foshan and Zhongshan. “Once IDO has conducted their due diligence, we can accept applications from the manufacturers leasing space in the outlet malls, and finance their entire retail operations in the U.S.”
In a private meeting with IDO representatives and Mr. Chaoming Lin, Vice Director of the Dongguan City Bureau of Commerce, Smith emphasized JJAIG’s support for the IDO outlets.
Mr. Smith also visited the Hong Kong Trade Development Council during the trip.
“This concept is a game changer,” he said. “The apparel and clothing industry has dominated outlet malls, and done extremely well. We believe the timing is perfect for an outlet mall focused on home décor and home improvement products.”
In addition to discussing the financing opportunity, Smith delivered a presentation on the U.S. economy, in particular the U.S. Consumer Marketplace.
“This is why JJAIG believes in this venture, the U.S. market for these products is strong, and continues to get stronger.
“The U.S. share of Global GDP is increasing, already the strongest in the world. And the percentage of GDP that goes toward consumer spending is also the highest in the world.
“This is the perfect time to enter the U.S. marketplace. And we’re here to help.”
JJ Atlantic Investment Group is offering special financing to qualified participating manufacturers in the International Décor Outlets (IDO).
At recent industry trade shows in Foshan and Beijing, China, JJAIG General Counsel Eric Smith presented the financing procedures to interested Chinese manufacturers of home improvement and décor products.
“There was a great deal of interest among the manufacturers here,” Smith was quoted speaking to the Chinese news agency SINA. “The opportunity to completely finance expansion into the American consumer market is welcome news to these companies.” news video
As the home improvement and décor product market in China is declining, the market in the U.S. is on the upswing, Smith noted. “The timing couldn’t be better to enter the U.S. market. And JJAIG is prepared to offer 100% financing to help manufacturers from China, and from any other country, establish a sales outlet in the United States, direct from factory to consumer.”
Any manufacturer who participates in the IDO outlets is eligible to apply for special rates and terms, under an agreement between JJ Atlantic Investment Group and the International Décor Outlet.
“We want to help manufacturers get started in their U.S. operations,” said Smith. “Of course, we still have our international loan program, which qualified companies can use for their operations within their own countries. But the IDO financing program is reserved exclusively for those IDO participating companies and can only be used for their U.S. sales operations.”
Smith was in China during January 2015, along with the executive management team of IDO, to meet with Chinese manufacturers, trade associations and distributors.
The delegation met with manufacturers at a conference in Foshan, Guangdong Province on January 14, then met with trade association members, distributors and additional manufacturers in Beijing on January 16.
“The response so far has been tremendous,” Smith observed. “Not only are we seeing interest in participating with IDO, we are seeing a lot of interest in the option to finance the entire U.S. undertaking.”
For more information on the IDO program, visit their website at www.idooutlet.com.
JJAIG has announced a unique partnership with International Décor Outlet (IDO).
JJAIG will work with IDO manufacturers and retailers to finance their entry into the global retail establishment. IDO clients will receive preferred rates and terms, and loan applications will be on a fast track for approval.
IDO will establish retail outlets throughout the U.S., providing premier retail space for international manufacturers of home décor and home improvement materials to showcase their products. This will be the first manufacturer-to-consumer retailer focused on home décor.
IDO is developing over 50 million square feet of world class premier retail space in major cities in the U.S. Manufacturers from all over the world, including China, will have designated storefronts and can market their products directly to consumers in the United States and the rest of the world.
For more information, visit the IDO website at www.idooutlet.com.
With numerous loan applicants from Europe, the Caribbean and Asia, JJAIG's International Loan Program is expanding rapidly. New loan officers are being brought on board to handle the processing of loan documents and assist in loan evaluation. And new Associates are joining JJAIG from all over the world, expanding our Global Network and making capital loans available to businesses everywhere.
And we continue to explore new investment and development opportunities. Resorts in Europe and the Caribbean, energy projects in Asia, healthcare and wellness ventures in North America. Manufacturing and retail development worldwide.
Yet JJAIG's commitment to finding solutions, not offering excuses, remains intact.
JJAIG looks to take advantage of opportunities, to affect change on a global scale.
It's not just about providing capital. JJAIG is a strategic business partner for companies looking to expand, to step up to the next level.
Every stage of growth presents challenges, but more importantly, it presents new opportunities.
JJ Atlantic Investment Group announced expansion of their International Loan Program at a reception Monday, March 10, 2014 in their offices on the 14th Floor of the EverBank Center, 301 West Bay Street in Downtown Jacksonville.
Attending the reception were representatives from the Mayor's Office, Jacksonville City Council, the Greater Jacksonville Chamber of Commerce, JaxUSA, local business leaders and business owners from China.
JJAIG CEO Brian Smith discussed how their International Loan Program is bringing businesses and jobs to Jacksonville.
"When we provide capital financing to these companies, we require them to establish a U.S. subsidiary," Smith said. "And what better place to start and grow a business than in Jacksonville, Florida?"
With client companies from China, Thailand, Singapore and New Zealand, JJAIG announced they are expanding their loan program into Brazil, Central America and the Caribbean, South Africa, Turkey, the United Kingdom and the Middle East, as well as continuing their expansion throughout Asia.
Smith says JJAIG projects up to ten companies per month will be visiting here during the next year.
"We want to grow Jacksonville as an international center of commerce. It's not just good for the community, it's good business for us."
JJ Atlantic Investment Group, a rapidly growing private company specialized in international financing, announced today that Brian Smith will become its Chief Executive Officer. Smith has previously served as Vice President and Chief Operating Officer of JJAIG.
Mr. Smith has more than 30 years of experience in international development, capital acquisition and business planning. He is trained and certified in business planning, community development and business assessment. He has directed international loan programs, evaluated and approved multimillion dollar loans and investment programs.
In his new role, Smith will be responsible for day-to-day operations of JJAIG and oversee the company's businesses.
The JJAIG Board of Directors and Management Team successfully negotiated an agreement between JJAIG and the Government of Wuning County in Jiangxi Province, China.
The agreement details the development by JJAIG of a US$2-billion environmentally-friendly resort project on islands and shorefront of Lushan West Sea and on Wuwang Peak. Development of the resort will feature the most rigid environmental protection standards in China today, noted JJAIG Chief Operating Officer Brian Smith.
"Without the cooperation and resolve of the Wuning County Government, and Party officials, this agreement would not have been possible," Smith said. "We are very grateful for the partnership with the local government."
JJAIG’s Planning and Design Team is currently working on developing a Master Site Plan.
"This resort will be unlike any developed in China to date," said Smith. "Not only will our environmental protection plan preserve and protect the local environment, the resort will provide an enormous economic benefit to the local community."
"And visitors from all over China, and the world, will experience the most unique, innovative vacation they could imagine."
The JJAIG Board of Directors met Wednesday, October 30, 2013, at their corporate offices in downtown Jacksonville, Florida.
One item on the agenda was discussion of the company’s planned investment in Jiangxi Province, China.
The Jiangxi project under consideration is an eco-resort situated on the shores and islands of the Lushan West Sea Scenic Area and among the surrounding mountains, encompassing just over 11 square kilometers. The proposed development will feature eco-friendly lodging and hospitality, as well as outdoor sport and recreation venues in all natural surroundings.
The resort concept being developed by JJAIG will not only be environmentally friendly but create the standard for sustainable development in the region. The eco-resort will not only target domestic visitors from within China but will bring international visitors from around the world including United States.
The meeting focused on planning and design of the proposed resort, as well as logistical considerations regarding the unique terrain and environment. Discussions also dealt with planned market feasibility studies. Thomas Reidenbach, Chief Architect, whose portfolio includes Disney World and Universal Studios, shared his vision of the project.
The Board decided to send a team to China in November, 2013, to visit the site. JJAIG’s design and planning team will accompany the Board to begin the resort planning process. The JJAIG delegation is led by Brian Smith, Vice President and Chief Operating Officer of the company.