Credit Suisse SBLC as Collateral

Credit Suisse SBLC as Collateral

Posted in the Banking Forum

ProjectFunding20 10

San Diego, CA

#1 Sep 4, 2010
I'm working with a Collateral Provider that will issue a Credit Suisse SBLC to a Lender that will take it in exchange for whatever loan amount he is willing to do, plus 6% interest.

I'm currently working on this actual project:

•I have a $40M Project that I need funding for.
•This Collateral Provider is willing and able to send the SBLC to a Lender that has capacity to do the $40M loan in just one lump payment.
•The SBLC is Cash Back, Irrevocable, Unconditional, Transferable, Assignable, and Divisible. Lender will be the Owner of such SBLC.
•This is not a Leased Instrument.
•The Lender will be able to Trade with this SBLC or do whatever he sees fit.
•After 1 year, the lender can simply Cash it. No need to return the SBLC.

The Collateral Provider only needs a Comfort Bank Letter to verify the Lender’s capacity to do the loan..Even a Sanitized print-out or bank statement will do just fine for the Collateral Provider.

Here is in a Nutshell, the Collateral Program:


1-There must be a viable Project needing at least $40M in funding.
2-There must be a Lender willing and capable of Lending on the project, in 1 shot.
3-My Collateral Provider will issue an SBLC to the Lender's name, for 106% of the Loan amount, as the actual Collateral.
4-The Lender will first get the SBLC from the Collateral Provider, before he wires out any funds.
5-The Collateral Provider will create a JV with my Company.
6-The Collateral Provider will receive the funds from the Lender, not my Company.
7-The Lender will do the loan with 1 lump sum, not in installments.
8-The Lender is now the owner of the SBLC and can do Trading or whatever he wants with it.
9-The Lender can cash in the SBLC after the 1 year. No need to return the SBLC.
10-The Collateral Provider will take 40% of the Funds received from the Lender.
11-My Company nets 60% of the initial Loan Amount.
12-My Company starts funding all projects from the proceeds, with very attractive terms, interest rate and options to the Borrowers.

In this scenario, The Lender shouldn’t be doing any due diligence on the project or Applicant, since he’s getting the SBLC covering 106% of his funds, up-front.
As long as the Lender is willing to take the Credit Suisse SBLC , there should not be any further qualifications/requirements to get the loan done.

Of course, I will be willing to work with other Collateral Providers that can work with me under similar circumstances. I’m open to talk to either Lenders or Collateral Providers


Further details can be provided if interested.
Contact me at projectfundingnow@yahoo.com
Thanks!
Chris

Highland, CA

#2 Sep 4, 2010
If you are working with Giovanni, this wont work. Already had introduced him to a project where lender was willing to put up the money, however he couldnt produce.
STANLEY HOWARD

Phoenix, AZ

#5 Jun 23, 2011
please send me a contact number and email so we can discuss your program.
stan
STANLEY HOWARD

Phoenix, AZ

#6 Jun 23, 2011
please send me more information and a contact number to speak to you reference your 106 sblc guarantee.

stan
Funding Opportunity

Edmonton, Canada

#8 Aug 1, 2011
Stanley,
I have lenders lined up for a big project. However collateral is the clitch in my scenario. My lenders are prepared to offer anywhere from 14-100MUSD. They can do it fast, but only if we have proof of a real sufficient asset, held in a top 25 bank. If you have a real source of collateral with fees AFTER FUNDING, please contact me at rush2invaded@hotmail.com, lets put make a deal happen.

Regards,
Jamie
STANLEY HOWARD wrote:
please send me a contact number and email so we can discuss your program.
stan
Funding Opportunity

Edmonton, Canada

#9 Aug 1, 2011
Stanley
Sorry about the email blunder,
the email address is rush2invade@hotmail.com .
Regards,
Jamie
STANLEY HOWARD wrote:
please send me more information and a contact number to speak to you reference your 106 sblc guarantee.
stan
Federigo

Burbank, CA

#48 Oct 27, 2016
We work with individual investors and the company that provides merchant cash advance, asset based lending, commercial real estate refinancing, lines of credit, hard money loans, business acquisition financing, debt consolidation loans, and more. For more information, We encourage you to contact us and learn more about the financing services we offered. If you have any questions or want more information about our company, please feel free to email: f.ottaviano@trecsrlserv izifinanziari.com

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Banking Discussions

Title Updated Last By Comments
The All-Out Trade Will Place US As The Second P... 13 hr New World Order 1
Kim Of N. Korea Will Visit Beijing Today, The T... 18 hr What Summit 1
Watch Out, The All-Out Trade War Announced By D... 19 hr Trade War 1
The Recession Is Coming... It Will Be The Worst... 19 hr Recession 1
Trump And Family Committed A Fraudulent Crime T... Mon Smort Fisher 5
Midget Cheever Was Collecting Loan Payments Fro... Mon Crook Cheever 1
When Dirty And Filthy Agonts Called My Home, I ... Mon No Grants 2