Project financing
Provision of a Project, and Credit Enhancement Bank Instrument, is assigned in personal or corporate name of the Applicant, as specified and agreed by Contract/Agreement.
The project is not monitored in anyway and we only require 1-2 pages on the project overview. We can provide projects if required.
Specifications:
An issued clean Standby Letter Of Credit with ISIN is made available via a major international bank, assigned directly in your name, also on screen.
Total amount/availability:
Minimum/maximum Face value: 7M to 500M Euro/USD subject to approval of the Applicant/Borrower.
Lessee Fees:
Between 8% to 12 % of Face Value depending on Instrument.
Plus 2% to 4% commission,
Monetization:
LTV: 75-85% of face value
Monetization Fees: 8% (deducted from monetized amount)
Closing Time: In 14 days from provider receiving the settlement expenses.
Settlement Expenses: The cost to Cover the bank fees and the clearing and settlement fees are 20,000 Euros.
The Bank Instrument is already issued and verifiable by the client’s bank and can be viewed on screen. The Settlement and ank Expenses Fees are payable to transfer the Instrument to the clients name both on screen and in the hard copies.
Before the client pays the Fees, he will have had the Instrument verified by his bank Officer, will have received the signed contract with the Providers and Monetizes Details, the corporate Invoice and Corporate Refund letter, included for due diligence purposes and spoken to the CEO of the Asset Management company who manage the program, and only after completing DD will the 20K be payable.
The Client’s Bank, which will conduct the Lease payment, must be a bank, which is listed in the International Bankers Almanac and registered/listed in the Swift System as the renting transaction of the Client.
The Bank Officer(s) of the Client must be fully aware and knowledgeable of the ongoing rental transaction. This means that at any specific time, when a Bank-to-Bank communication will be established, between the Client’s Bank(s) and the Provider’s Bank the Bank Officer(s) of the Client’s Closing Bank will be in a position to confirm payment for this Instrument.
PROCEDURES
1. Client submits CIS, Passport copy and POF, with brief description of the project or use of instrument.
2. The Client receives a list of available instruments with ISIN for them to choose from, and the application form.
3. Client sends the application form provided requesting rental of an instrument.
4. The client receives the Lease Agreement which includes the providers and Monetizes details.to be signed and returned.
5. The client with have a call with the Program manager to go over the program and to answer any questions.
6. The Client after receiving the countersigned Agreement will transfer to a Designated Lending Manager Clearing and Settlement account the amount of EUR 20,000 against the invoice, to cover the Banking, Screen, Clearing, Settlement and Stock Market
expenses to organize this transaction. At this moment the loan procedure will commence. This amount will be refunded after successful completion of this transaction
7. After signature of the agreement and the payment of the amount agreed the Provider will reserve the bank instrument by the operator of the clearing system and will provide for a Pro Forma Invoice with all details of the Bank Instrument, Corporate Deed of Assignment, Bond Power if requested, Confirmation from Euroclear, Printout of Clear stream, Safe keeping of the Stock Exchange market where the instrument is quoted, Prospectus of the Issuing Program of the Bank, to permit the designated Clients Bank Officer to check and authenticate the instruments.
8. At this moment the Lender will purchase and deliver the Bank Instrument to which the Loan relates, by Swift MT 760, to the Borrower’s Designated Bank or the magnetizers account. The transaction will be closed on a Bank-to-Bank using the swift system. The Nominated Lender’s Compliance Officer will carry out the necessary due diligence function contacting the Borrower’s Bank Officer and the Borrower’s Bank will confirm his RWA to receive the above mentioned instrument to close the transaction and his awareness/knowledge about this transaction.
9. Borrower shall pay to the Lender, the agreed Lease fee of the face amount of the instrument for a period of one year and one day less the Settlement and service fees.
Except as specifically set forth in a future writing signed by Lender, the Bank Instrument is and at all times shall remain personal property owned by Lender and not by Borrower or any other person or entity.
Neither the Bank Instrument nor any item of the Bank Instrument is or shall become encumbered, mortgaged or pledged or put at any kind of financial risk without the authorization of the Lender.
Neither any Bank nor any person or entity claiming on behalf of, or through Bank shall have, or claim, any right, title or interest in any of the Bank Instrument.
The instrument will be monetized and the Client will receive the proceeds into their designated bank account in 7-10 business days.
NOTE: You have to pay the Lease fee’s before the instrument is monetized and the 20K settlement fee is deducted from the Lease cost.
DOCUMENTS for APPLICATION and SUBMISSION
To initiate any transaction, we must receive:
• Completed application,
• An Project Summary (1 to 2 pages explaining the use of the Instrument)
• A colour copy of the Principal’s passport,
• CIS (Client’s information Summary) Provided
• The signed Guidelines & Procedures Step-by-Step (Provided)
• A POF or Bank letter for the payment of the Lease fees.
• A Corporate Resolution (if necessary when dealing with a Company).
•
We will NOT process if ALL documents are not fully completed.
Entry Instrument | Face | Value Return |
---|---|---|
1M | 7M | 5.1M |
4.2M | 30M | 22.08M |
5.6M | 40M | 29.44M |
7M | 50M | 36.8M |
9.8M | 70M | 51.52M |
14M | 100M | 73.6M |
42M | 300m | 220.8M |
70M | 500M | 368M |
The above table shows the chosen entry level, the Face Value of the Instrument provided and the net monetized amount after all bank, administration and magnetizers fees are deducted.
PROJECT FUNDING PROGRAM 2
Do you have a Bank Guarantee(BG) or Standby Letter of Credit (SBLC) and you want to
MONETIZE it QUICKLY,WITHOUT the requirement to TRADE?,Our Monetizer provides Monetized Funds Within 5 Business Days – Without the Need to Place funds into a Trade ,With NO Upfront Fees charged by Us or the Monetizer.
WE NEED COPY OF INSTUMENTS (FRONT AND BACK), CIS, PASPORT COPY, POF,
1. The instrument currency and amount
2. Is this a seasoned or Fresh Instrument?
3. If the instrument is SEASONED:
a) Please send a notarized copy of the instrument to be a true copy
b) Should we proceed to fund, we will require a bank-to-bank email from the issuing bank to the funding bank confirming and providing the instrument details. Please confirm you will be able to arrange this. (You must be able to arrange this in order to proceed.)
4. If the instrument is FRESH (i.e. has not been issued):
a) Please send a copy of your D.O.A with the provider of the instrument
b) Please advise you are ready to proceed with the issuing of the instrument, your ability to meet the terms, conditions and the fees you have arranged for the issuing. (POF for fees for issuance is required)
We will respond within 3 business days upon receipt of all information as to the next steps.
We are available to go over any additional information that needs to be addressed to ensure the comfort level of everyone involved along with the client.
Structured Self Liquidating Loan Program.
With this structured product you can have loan funds that you never will have to pay back since this structured financial product does that for you.
You need to have a project to qualify
Only projects which are supported by Primary Asset Classes can fully benefit, and can be funded significantly below official bank rates. Projects backed up by
Primary Assets (SBLC or BG) issued by top world banks may even qualify for this Self Liquidating Loan structure to access loan funds which are repaid through this
structured product and make this a Self Liquidating Loan.
Required Primary Assets
Standby Letter of Credit, or Bank Guarantee, fully cash backed valid for 365 days and transmission via SWIFT MT799, followed by SWIFT MT760 to the designated receiving trust account to your benefit. Blocked Funds confirmed via MT799 followed by MT760 can be acceptable as well.
Minimum Amount
USD 100M to USD 1bi cash demonstrated by an acceptable (fully cash backed)
SBLC or BG instrument.
Issuing Bank
Top 100 world banks (preferred), using a standard verbiage as recommended by the ICC for a 365 day guarantee instrument.
Validity Term of this structured product One year and once day
Pay out of Loan Funds are contractually guaranteed by a major US Trust
Here is an example if a project is backed by a USD 100M SBLC/BG for 365 days
Month 1 – Loan Payout – cash to you USD 12,500,000.00
Month 2 – Loan Payout – cash to you USD 12,500,000.00
Month 3 – Loan Payout – cash to you USD 12,500,000.00
Month 4 – Loan Payout – cash to you USD 12,500,000.00
Month 5 – Loan Payout – cash to you USD 12,500,000.00
Month 6 – Loan Payout – cash to you USD 12,500,000.00
In Month 7 to 12 the financial structure re-pays your loan funds.
You do not have to re-pay the funds that you received during month 1 to 6 since the financial structure pays for the interests and re-pays the loan funds for you. In Month 12 your loan is re–paid and the SBLC/BG is returned to you unencumbered. You have USD 75,000,000.00 in liquid cash (equity) to finance your project.
Trust Arrangements
A US Trust handles the transaction on your behalf
US Trust is responsible to guarantee the monthly payments and the safe return
of the Asset (SBLC or BG) after 365 days.
Qualified Projects and Location
Projects to be funded can be anywhere globally where not restricted by US
Federal Reserve
Application
The following documentation is required:
· A one page Project Summary
· Duly completed KYC documentation
· A written confirmation by the issuing bank, confirming the account holder having an account with the bank, and the bank’s readiness to issue an SBLC or Bank Guarantee instrument via SWIFT MT799 & SWIFT MT760 to the (Loan Applicant’s) benefit, stating the face value. This is an essential basic to process any application, and to provide the Terms Sheet. A submission cannot be assessed and a project cannot be considered, unless this written confirmation of an acceptable issuing bank is provided together with your application.
Any financial asset (instrument) can be acceptable if it can be sent and advised via SWIFT MT799 followed by SWIFT MT760 to be received in a trust account to your benefit.
We are available if you have any question