Building Solutions for a Globalized Economy

Why is this demand not being met?

Such unprecedented growth combined with this rising fiscal means of many in the world’s developing nations has created a demand for new, quality housing units to accommodate them. Yet despite pent up demand, often times antiquated construction methodology, inadequate local resources, prohibitive financial restraints, and an entire gamut of circumstances have left this substantial demand with a perfunctory supply.

Some obstacles the planet’s newest consumers face are lack of locally available building materials, out-dated construction methodology, and an adequate supply of the laborers required to fill this demand fast enough. In Saudi Arabia, for instance, a recent Financial Times article noted that over two million residents who are financially capable and desirous of buying a new home will not be able to because the common construction methodology of cement-houses takes over two years to finish a single home. Additionally, with a financial system that outlaws the charging of interest, local banks are unable or unwilling to offer long-term financing products for their customers.

Adequate financing for such major investments is a common problem in many developing nations. Though many may have the means to afford payments and down payments, they simply do not have access to the type of quality, long-term financial products necessary for such a major purchase.

Our products and financing solutions

American Container Homes has developed the tailor-made solutions for numerous countries and regions to overcome not only the logistical and elemental constraints that many countries face, but also the financial. Our patent pending containerized home systems allow us to build substantially prefabricated homes up to two stories high and over 1,200 square feet, all within a standard shipping container that can be economically delivered nearly any place in the world. We can offer potential dealers, developers and end-users specific financing packages that are designed to meet any of their needs; from one-off construction loans, to dealer floor plan financing, to medium and long-term development loans for larger projects. In many countries, American Container Homes can even offer home mortgages to end-users with substantially more attractive terms than local banks.

Our home systems are an industry first. American Container Homes utilizes a combination of systems and methods to overcome the limitations of prior container homes. For instance, our Thin-Frame Floor System™ is completely prebuilt, with incorporated systems for loading, unloading, leveling and securing onsite. This system allows us enough clearance within a single shipping container to pre-build and pre-install full-height walls, complete with interior and exterior finishes, plumbing, electrical and mechanical systems – and since our walls are already in place, we can also pre-install our kitchen cabinetry, appliances and bathroom plumbing fixtures. Further innovations such as our Foldable Floor ™ and Moveable Wall™ systems allow an American Container Home to nearly double in size within hours of delivery and unloading. American Container Homes aren’t limited to the size or shape of the shipping containers they arrive in.

American Container Homes has developed financing programs geared specifically for the financial systems of emerging markets. By working closely with the Export Import Bank of the United States, the official export credit agency of the United States, as well as other ECA’s, American Container Homes can offer developers, home builders and end-consumers loans and credit terms based on low LIBOR rates regardless of the local lending norms. It is not uncommon for American Container Homes to be able to offer rates as low as 5% a year in a country where 5% a month is considered favorable. Because the Ex-Im Bank is charged with the mission to create and sustain US job growth by financing and insuring US exports to foreign buyers, American Container Homes gains access to funds at very low rates with risk mitigations provided by the full faith and credit of the United States Government. American Container Homes can offer credit terms and loan products that are not available to others in-country. Our management has over 20 years of experience in using these programs and has worked on projects around the world.

Ultimately, as banks and finance companies are slowly evolving their loan programs to meet the demand of these emerging markets and understand the inherent credit risks, American Container Homes has spent years developing products that are specifically designed to meet both the financial and logistical needs of these booming nations.

Please feel free to contact our offices directly to discuss our models and financing options in more detail.

Sincerely,

James Weber, President