New Delhi office for EB-5 program
American Lending Center (ALC), a leading EB-5 regional center and subsidiary of Regional Centers Holding Group, has opened its first office in India, as part of ongoing expansion in Asia.
The New Delhi office and heightened presence represent a significant step as the company broadens its investor base and looks to increase market share in the Indian financial space.
ALC has achieved a 100% success rate over all of its 70+ projects across 19 states since 2010, making it a uniquely successful EB-5 regional center.
ALC received a record-breaking nine EB-5 project approvals in nine different cities for 30 newly approved investors in the month of March 2018 alone.
The company is currently the largest non-bank SBA 504 lending institution, having successfully provided over US$350 million dollars to American ventures.
The US Small Business Administration 504 loan or Certified Development Company program is designed to provide financing for the purchase of fixed assets which usually means real estate, buildings and machinery at below market rates.
“ALC is excited to build on our presence in India, which we believe to be the next great area of opportunity in the EB-5 investment business,” stated ALC Chief Executive Officer John Shen in a release on 6 Dec 2018.
“We are confident our company can bring its EB-5 expertise and innovation to Indian investor communities and make this new venture a successful addition to the ALC brand.”
Headquartered in Long Beach, California, ALC also has offices in Beijing, Shanghai, Taipei, and Ho Chi Minh City.
The new Indian office is located in the Arunachal Building, Suite 807, 8th Floor, 19, Barakhamba Road, Connaught Place, New Delhi, Delhi 110001.
American Lending Center (ALC) is a U.S. Citizenship & Immigration Service designated regional center held by Regional Centers Holding Group.
ALC offers investment opportunities to immigrant investors who are interested in obtaining permanent resident status in the United States through the employment-based fifth preference visa (EB-5) program.
ALC has completed funding projects in 19 states, and is committed to investment in deserving businesses anywhere, including those in rural and other underserved areas.
The US Citizenship and Immigration Services administers the EB-5 Program which allows entrepreneurs and their spouses as well as unmarried children under 21 to apply for a green card (permanent residence) if they make the necessary investment in a commercial enterprise in the United States and plan to create or preserve 10 permanent full-time jobs for qualified U.S. workers. fiinews.com
