Do You Need Capital for Your Projects?
Are these loans recourse or nonrecourse to the Client?
The answer is strictly, contractually nonrecourse.
This is because the principal of the 10-year interest-only loan is 100% collateralized and repaid by the 10-year CDs held by the Closing Bank, and the interest payments are 100% guaranteed and paid by the Securities House.
The contract between the Closing Bank and the Securities House releases the Client from all obligation to pay. For these reasons, no personal guarantees or liens on the project are required.
Normal due dilignence is 2 weeks.
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We act quickly and decisively based upon the quality of the
collateral securing the loan.
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- Saves You Money
- Makes You Money
- Since the loan is “interest only” (from the bank's point of view), Borrower repays only 100% of what it received for the project. That is why it is called the “ equivalent” of a zero % interest loan (from the Borrower's point of view).
This “Program” is a method, or mechanism, of structuring third party collateral into a loan or funding package for project financing. Since this structure must be implemented through a series of complex legal contracts between multiple participants in the transaction, the Program must be managed by a licensed law firm.
The primary function of the structure is to procure a collateral provided from a third party at a “discount”, and arrange for it to be paid for by the borrower company from the loan funds at the time of closing. The result of the structure is that the borrower receives a net amount of capital that it needs to implement its project at a cost lower than a traditional loan, the collateral provider receives immediate repayment of the collateral plus profits, and the bank receives full collateral backing of the total principal loan amount.
"It guarantees its domestic or international, contractual, financial or commercial obligations by a method that is both secure and agile"
We can help you find the right funding option for you.
The responsiveness of our approach contrasts with the practices of traditional consultants.
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