Obtain a Non-Recourse Loan for your Project by Monetizing your bank financial instruments.
Did
you know that, by using a properly established Facilities Provider, you
can monetize your instruments: Bank Guarantees, Stand-by Letters Of
Credit, or Medium Term Notes; by obtaining a Non-Recourse Loan for your
projects. most of these loans are for Humanitarian Projects, but not
always.
These type of loans are very convenient, because in some
cases, you do not need to pay back,. Even if you do have to pay it
back, it might be at a Zero interest rate.
The mentioned
Non-Recourse Loans proceeds range, in most cases, from the low 30% for
lower value instruments from banks with lower ratings, to p to 45% for
higher value instruments from Top banks, of the LTV of the instruments
used as collateral. in some very rare situations, even a 50% net LTV of
the instrument’s face value has been obtained.
A Non-Recourse
loan that might not need to be paid back? How is this possible? It is
good that you ask, because in reality there is no “free money”; somehow,
someone has to pay the loan back to the bank, because after all it is a
loan, not a grant. In some of these cases, especial arrangements are
made for this purpose. What is important here that you must remember
that these loans will not need to be paid back by the owner of the
instrument. The instrument’s owner, at the end of the term of the loan,
will get back the instrument used as collateral, free of any liens and
with no encumbrances of any kind. Some conditions and restrictions might
apply, depending on each individual case, you have to check the
particular conditions of your loan.
Acceptable instruments to be
used for collateral for these types of loans are: Bank Guarantees (BGs)
as the most desirable choice, followed by Letters of Guarantee, Stand By
Letters of Credit (SBLCs), Medium Term Notes (MTNs), and Treasury Bills
from the USA (T-Bills). Face value of instruments to monetize shall be
between 10 million and up to 250 million Euros or USD. Instruments will
not need to be on any screens (no need to be on Euroclear, DTCC,
Bloomberg, etc.), but the lender will need to see a copy of the actual
instruments to start negotiations, or even consider giving additional
information. The instruments must come from the United Arab Emirates
(almost all banks), most banks from The Kingdom of Saudi Arabia and
Kuwait, most American Banks, Eurozone regulated Banks, or Honk Kong
based Banks, and must be able to be renewed for the full term of one
year and one month. Delivery method and/or blocking must be by SWIFT
MT-760 Messages; no other delivery methods are accepted for any reason.
No instruments from Latin America, Asia, India, Greece, Italy, Russia,
Ukraine, Cyprus or China will be accepted (except Hong Kong banks, which
will be accepted on a per deal basis). Several conditions might apply,
depending on each individual case.
For
the introduction, and to be able to confirm in full the LTV of your
instrument, and for you to get the conditions of the Non-Recourse Loans,
it is required a copy of the instrument (the BG, SBLC, or MTN) and
passport of the principal.
The Lenders might use several
different banks to obtain funding for these loans. Initial payment
(ranges from 4% to 8%, depending on the bank’s sole decision, plus 1%
for commissions) is usually done by the banks from three to ten days
after receiving/blocking the instrument by means of MT-760, and the full
funding of the loan and the rest of the commissions are paid by the
bank after another 10 business days of executing first payment. A
Paymaster is used for receiving the proceeds of the loan and its
disbursement as to avoid delays in receiving the money and to prevent
conflicts with unpaid commissions to intermediaries. At the end of the
loan, the owner/beneficiary of the instrument gets the instrument back,
free of any liens and with no encumbrances of any kind.
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Several conditions and restrictions might
apply, depending on each individual case. We reserve the right to change
this information at any time. We reserve the right to refuse any
request for additional information or to make any business deal or loan
with any person or entity for any reason with no further explanation.
This is not an offer to deal with securities, and therefore it is not
regulated by any laws regarding said securities. We are not a banking
institution. We are not a Securities Trader or Brokerage house. This
post with information must not be constructed as a solicitation for
investment funds or a securities offer. The authors of this post might,
or might not be, the lenders, or the administrator of the Facility
Provider. This information, the post and any offers it might contain,
are void and not applicable where they might be illegal, impossible,
forbidden or restricted by law; and if your jurisdiction has especial
requirements for this type of operations, you might have to comply with
all your local laws as well. You will be responsible for all taxes this
type of business might cause you.
While the process of obtaining
this type of Non-Recourse Loans is very complicated and lengthy, we can
provide you with the necessary help and information to do that, which is
an added value; this way you can focus in what really matters, invest
your money in the best possible way to fulfill your Project's
Objectives. If you have any more questions, or require additional
information, do not hesitate to contact us, we will be more than happy
to provide you with any and all information you might require.
Ming
Fong Finance Company Ltd issues Real Bank Guarantees, real and genuine
SBLC's and completes Real Funding without long stories!
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BROKERS:
Brokers are the life blood of our business and as a result we respect
them, value them and appreciate them. So new brokers are welcomed,
appreciated and compensated with good commission. Here are a few of the
many benefits of being a MING FONG FINANCE COMPANY LIMITED broker:
Professional Broker Support
Healthy Commissions Paid on every Deal
Be Direct to the client, NOT in a Broker Chains!
Earn between 1% to 2% Commission on Every Deal
Brokers are 100% Protected Against Possible Circumvention.
Wide Range of Financial Instruments, Bank Guarantee Programs and Client Funding and Monetization Services
If you are interested to become our broker or company representative,
kindly send us your resume via email for more information.
Email: fong@mingfongfinance.biz | mingfongfinance@protonmail.com
Telephone: +852 81 75 35 71
Skype: mingfongfinance
