The Bank can provide non-recourse loans on Purchase or Lease Bank Collateral
BG,MTN,LOC,CD,,
Bank collateral must be delivered by MT799 or MT760 electronic to funding bank purchase or lease instrument from One Million to 2.5 Billion.We can assist you with funding against SBLC Credit and Bank Guarantee , MTN, CD and other type of instruments.
The basic questions are:
1. who issued the instrument?
2. What is the amount of the instrument?
3. Are the instruments leased or owned?
4. Does the client want a loan against the instrument or are they interested in selling the instruments?
5. What is the use of funds?
6. Are you direct to the client?
7. what country is your client located in?
The Funding Process
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Complete the standard application and email to Atlantic Financial Services LLC, the more information you include the faster the process.
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After review of your application a loan officer will contact you within 24 hours to discuss your financing request.
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If you choose to go forward your request will be submitted to the appropriate non-recourse Lender.
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When the Lender review is completed a non-recourse loan agreement will be prepared for your review. The lender will issued a LOI with wiring instruction to send instrument. There are a review and underwriting fee require once you accept loan terms and condition.
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Upon your approval of the MT799 or MT760 swift wire
instructions will be communicated and the funding process
will occur Lease instrument LTV 95%, after interest and fees client nets 76% LTV
