247 FINANCE DEAL COMPANY, INC., obtains financial commitments for loans, funds, proof of funds (POFs), bank guarantees (BGs), letters of credit (LCs), standby letters of credit (SBLCs), commodities, collateral enhancements, and credit enhancements from international financial institutions, banks, security firms, pension funds, insurance companies and investors for international business, governments, and corporations. Our Application For Commitment targets three areas of interest: First – Collateral Enhancement Commitments/Credit Enhancement Commitments and Loan Commitment. Credit Enhancement Commitments or Collateral Enhancement Commitments are for top International Financial Institution Instruments (10 year) that offer creditability to your financial statements and gives you, the Applicant, the opportunity to obtain the funds required. We have a unique system designed so that the Applicant can use the debt instrument/credit facility as collateral and the debt instrument/credit facility will retire the principal amount of your loan over the term of the loan (10 years). In other words, you do not need to pay the loan-capital/principal back from your project, but show that you can make the annual interest only payments. Second – Funding Commitments or Loan Commitments. We will assist in the obtaining of a loan commitment, funding commitment or a commitment to fund your project with the stipulation that a collateral enhancement or credit enhancement, financial debt instrument/credit facility, commitment has been acquired by the Applicant using our Collateral Enhancement Commitment Program, if necessary. If a collateral enhancement commitment or credit enhancement commitment is not necessary, a special arrangement is required. The Applicant must offer a program/project that will pay back the loan-capital/principal and the interest on the loan. Third – Proof of Funds Commitments, Bank Guarantee Commitments, Letter of Credit Commitments, Standby Letter of Credit Commitments or Commodities Commitments. We will assist Applicants in obtaining Proof of Funds Commitments, Bank Guarantee Commitments, Letter of Credit Commitments, and Standby Letter of Credit Commitments, etc. Also, a line of credit is required by many companies to accomplish a multiplicity of task. The funds are released to the Applicant when the Applicant has a financial debt instrument/credit facility with a maturity of generally one year issued as collateral and with the condition that the debt instrument/credit facility has an acceptable coupon. The required yield changes from time to time; therefore, contact us for more information. This approach to funding is very beneficial in many instances. DESCRIPTION OF INSTRUMENTS: 1. Instrument: Bank Guarantee {BG} /StandBy Letter of Credit{SBLC} (Appendix A) 2. Total Face Value: Euro/USD 1M{Minimum} to Euro/USD 10B{Maximum} 3. Issuing Bank: AAA Rated Bank (Prime Bank). 4. Age: One Year and One Day 5. Leasing Price: 5.0% + 2% Broker commission 6. Delivery: S.W.I.F.T MT-760 7. Payment: MT103 (TT/WT) 8. Hard Copy: Bonded Courier Service ***Please note that any request for an amount for less than $10,000,000.00 is generally cost prohibitive or cost preclusive, because our programs require upfront fee(s) and upfront cost(s).*** If you would like more information from 247 FINANCE DEAL COMPANY, INC., please contact us via our email at greghayes@247financedeal.
Posted on: Sat, 08 Mar 2014 00:34:45 +0000
Trending Topics
Recently Viewed Topics
© 2015