Now Is it possible to have loan from U S funding company to India clients in million dollars with or without collateral. In the shape of Project financing / Bridge financing program for the detail read below:
Our Offers of Project Financing / Bridge
Financing Program can help you to get up
to 100% financing for projects requiring loans of 1-3 years. We are the only
who in that we provide financing backed by a financial guarantee such as a
standby letter of credit (SBLC) and bank guarantee (BG). In lots of cases,
clients who provide an SBLC to their bank rather than collateral, such as real
estate, are able to receive easy and fastest loan approval while qualifying for
a larger loan amount.
Program Requirements
Our minimum loan amount is $10 million, with a
maximum of $500 million. We will consider commercially viable projects in
virtually any geographic area in North
and South America, Caribbean, Western/Eastern Europe, Australia/New Zealand,
Southeast Asian (ASEAN) countries, China, India, Africa and the Middle East.
The loan proceeds can be used for equity, investor buy-outs, down payments,
refinancing, and for many more terms.
How the Program Works
The process starts by the client securing a
funding commitment from their bank. My program is best suited for clients whose
funding needs are less than the loan amount for which they qualify. Oftentimes,
banks will approve an increased loan amount if the loan is to be secured by an
SBLC instead of project assets. If the client were to default, the bank would
simply draw on the SBLC and also the loan would be repaid within per week.
we've got thus replaced the client’s risk assets with our own.
To mitigate our risk, we require the client to
supply us with a 50% loan loss reserve (LLR) at closing. However, the client
would only be accountable for repaying 50% of the loan at maturity—we would be
to blame for the remaining 50% from the LLR. We also typically require a
10%-20% equity interest within the project, which might double within the event
of client default. it's important to emphasise that throughout the loan period
our SBLC is that the only asset in danger, not the client’s loan or the
client’s capital.
Funding Example
For understanding the concept in details, how
its work for you and you'll be able to get maximum benefit form this program.
let's have a look at this example: For Example a client contains a $10 million
construction or the other project also has obtained a $20 million funding
commitment, if project is secured by an SBLC.
For Example a client has a $10 million construction
or any other project and has obtained a $20 million funding commitment, if
secured by an SBLC. Assuming the bank is willing to loan 90% LTV against the
SBLC, we would issue a $22.5 million SBLC, and the bank would provide a $20
million loan that would be disbursed as follows:
·
$10 million to the
client (thus providing 100% financing);
·
$10 million to Gideon
to be held as the loan loss reserve;
·
Gideon would receive a
10% – 20% equity interest in the project;
·
At maturity, the
client would repay $10 million; Gideon would repay the remaining $10 million;
·
If the client were to
default, the SBLC would be called by the lender for repayment and Funding company
equity interest would increase to 20% –
40%;
·
At no point are the
client’s funds at risk—only our SBLC—hence the equity requirement.
Manjeet Singh Sandhu
8700237256
9811993953
mpss.ske@gmail.com
