NOTE: No upfront fees.
The Loan Monetization programs, are for both leased and owned BG and SBLC. If the BG or SBLC is leased then the client must present, Ready Willing and Able Letter from the issuing financial institution on how the instrument can be transacted against. Monetization Loan on Leased BG and SBLC is usually 35% to 70% of the face amount (non-recourse).
Non Leased BG and SBLC if they are owned then will need a copy of the non leased BG or SBLC at the BG or SBLC instrument can be MT 760 to the Receiving Bank. Depending on the credit rating of the Bank issuing the BG or SBLC Monetization Loan can be up to 90% of the face amount, depending on the credit rating of the issuing bank.
The lender will be holding the instrument for up to 1 year and 1 day ... Exact Monetization Loan will be stated in the Funding contract.
Funding on Non Leased and Leased BG and SBLC's can take up to 15 calendar days or sooner depending on when the Non Lease BG or SBLC is received by the financial institution making the Monetization loan.
THE ABOVE MESSAGE IS FOR INFORMATION ONLY AND CAN BE CHANGED AT ANY TIME OR ON A CASE BY CASE BASIS. The sender of this information is not a US securities, investment, insurance, tax, or legal agent, broker, dealer or advisor. This publication or information about any/all transactions referred to in this or in any other message and/or attachments must be considered of private nature only and not be construed in any way as any type of offering orsolicitation for investment funds or of a securities transaction, as defined by US -Securities, -Exchange or – Investment Act(s) or Regulations as amended or by the laws of any other nation. The information/ documents/forms provided are not from anybanking or other public Institution. Information is presented per reader´s request as a courtesy solely for informational or educational purposes, whereby readers are responsible for their own due diligence.
The information contained in this document or other information, advice or consultancy given by the Company or its representatives is deemed reliable, but no guarantee is given as to its accuracy. The reader or recipient should use his or her own facilities to determine the veracity of the information, advice or consultancy. Readers or recipients are strongly recommended verification through own experts or consultants. We and/or any other Consultant active for the Company do not accept any liability for any loss or damage arising in any way from the reading of this information or from advice or consultancy received. Equally, We and/or any other Consultant active for the Company shall not be liable for any loss or damage or disadvantageous consequences resulting from the use or adoption or appliance or copying of information or opinion contained in this publication or in the advice or consultancy given.
There is no guarantee or liability whatsoever that eventually mentioned return or benefits will occur. This document and any attachment(s) are believed to be free from virus. However, it is the responsibility of the recipient to ensure that they are virus free. This document, and any attachment to it, may contain privileged and confidential information intended only for the use of theindividual(s) or entity addressed by us. Any disclosure of this communication or its attachment(s) to others, retransmission or dissemination is prohibited. Upon receipt of these documents you, as the recipient, hereby acknowledge this warning and disclaimer. These confidential communications are protected under Gramm-Leach-Bailey Act 15 USC, subchapter 1, sections 6801-6809 and other laws addressing the disclosure of non-public personal information.
If you are not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that reading this letter is strictly prohibited. This communication and any documents or files attachedconstitute an electronic communication within the scope of the Electronic Communication Privacy Act, 18 USCA 2510. The unlawful interception use or disclosure of such information is strictly prohibited under 18 USCA 2511 and applicable laws. If you have received this letter in error, please immediately return it to the sender and delete it from your system. Your cooperation in this matter will be greatly appreciated.