Need BG for Project Funding

Need BG for Project Funding

Posted in the Banking Forum

Since: Aug 08

Singapore, Singapore

#1 Aug 31, 2008

A project Owner is looking for BG as the collateral for his Project Funding that has been approved by a Bank in Geneva.

Numbers of BCLs had been issued by the Funding Bank but none of the Provider that we approached can provide the said BG.

The Funding Bank is still willing to provide the BCL but after the Funding Bank Officer communicate either with the Issuing Bank Officer or deisgnate Provider Bank Officer.

Either Bank Officer can initiate the calls.

The First Trance is 150M Euro and the Total COntract is 2B Euro

The price we are looking for is 70+1 or better

The procedure is as follow:-

Party A - Project Owner
Party B - Collateral Provider

1. After both parties signed the necessary Agreement, Party A will arrange his Funding Bank to initiate a bank to bank Conference Call directly between Funding Bank and Issuing Bank. This is to mutually confirm each party is ready and able to issue/fund agreed Bank Instrument.

2. Once confirmed, within three (3) international banking days, Party B's issuing bank sends a Pre-Advice via SWIFT MT-799 to Party A's funding bank confirming Party B's readiness and ability to issue the agreed Bank Instrument in favor of Party A's designated Beneficiary. Party A's funding bank shall reply its acceptance to Party B's bank and to instruct his Party A bank to issue MT 760 Conditional Payment immediately to Party B Bank.

3. Upon receipt the acceptance from Party A's funding bank, the Party B's issuing bank shall send the Bank Guarantee via SWIFT MT-760 to the Party A's bank including CUSIP/Registration Numbers, ISIN Numbers, Terms, Text of Instruments, Denominations, Name(s) of Issuing Bank (s), Date of issue, Date of maturity, and all pertinent data necessary for the Party A's funding bank to authenticate and validate the instrument on SWIFT bank to bank basis

4. Party A's bank verifies and authenticates the instrument, and within three (3) international banking days, Party A's bank shall release funds via SWIFT MT-103.

5. Payment under the Irrevocable Fee Protection Agreement shall be promptly executed and honored.

6. Within 7 banking days after payment received, Party B's issuing bank shall deliver Bank Instrument hard copy into Party A's bank by bank bonded courier.

7. Transaction continues according to above listed step 2 ~ 7 and Parties mutually agreed tranching schedule.

If any of the forum member able to provide and follow the procedure please reply to this board.

Thanks and Regards

Salt Lake City, UT

#2 Sep 4, 2008
post your contact information

Sarasota, FL

#3 Sep 5, 2008
send me an email please and i will see what i can do.

email: [email protected] om

Singapore, Singapore

#4 Sep 6, 2008
info wrote:
post your contact information
You can email me at [email protected]


Memphis, TN

#5 Sep 25, 2008
info wrote:
post your contact information
please send info to [email protected]

Bethesda, MD

#6 Oct 13, 2008
My name is Jamar Camper. I'm a small time loan broker. I help business minded people get the start they need to their vision, whatever it maybe, at long as its a legit business plan/proposal behind it. I can't help you get your full funding. I tell you this upfront and to not to fill your head with fantasy funding like other brokers. But I can offer you something as a "start up" for your vision. If you have a legit secure verifiable FICO score of min or 700 or more you CAN be funded the line of credit in the amount of $1MM in 15-20 business days. If you don't have the 700 score exactly maybe partner or a guarantor involved in your deal with a FICO score of 700 can recieve the $1MM line of credit on your behalf. I don't ask for any upfront money or cost. I'm paid directly from the lender and their appropriate partners. What I do ask of you is to respond with your full name, your location,(to make sure you are called at appropriate business times), and your phone number(s). You will be called so the process for funding can be explained to you.

To your vision and success,
[email protected]

Since: Oct 08

Shenzhen, China

#7 Oct 19, 2008
I can offer HSBC BG. please send info to clickour[at]gmail[dot]com


#8 Nov 12, 2008
We are Marrai Marketing Associates have a highly profitable project on hand. The project is for establishing a trading & distribution house for exceptional fine spirits & wines. We already have a firm business on hand from the major Duty free of the world, Institutions / Clubs, Hotels & Restaurants and have plans for first of its kind On-Line sales of liquor. Our contacts with esteemed principle companies for importing fine spirits & extraordinary wines are not only the strength but our project USP. Having ready import contacts and heavy duty buyers is the work being enthralled from the experience gathered over a period of time. We also have contacts for obtaining the liquor trading licences and permits. We are also planning to obtain license for counter sales and retailing to other distributors worldwide, taking the optimum advantage of free zones in U.A.E. Today to make the project happening, we require funding to the tune of $5 million. The aforesaid project funds will help us to establish the trading company in U.A.E, mainly to finance the License / Permits for importing & trading liquor business and to finance the state-of-art warehouse and inventory. Your reply in having an interest in financing our company will not only fetch 100% returns in the first financial year but shall firm-up the business bonding enthralling the mutual benefits. With best Regards, Biju Mohan.D.

[email protected]
Diem Pham

Eugene, OR

#9 Nov 30, 2008
I need your bus. plan, cashflow projections 5 years. [email protected]

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