First – Collateral Enhancement Commitments and Credit Enhancement Commitments. Credit Enhancement Commitments or Collateral Enhancement Commitments are for top International Financial Institution Instruments (10 year MTN) 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. In other words, you do not need to pay the loan-capital back from your project.
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 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 Applicant's in obtaining Proof of Funds Commitments, Bank Guarantee Commitments, Letter of Credit Commitments, and Standby Letter of Credit Commitments. 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, call for information. This approach to funding is very beneficial in many instances.
Monday, February 1, 2010
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