Financial Instrument Lending

No Payback Loan against Financial Instruments
OWNED AND LEASED INSTRUMENTS - BG, SBLC, MTN, Bond, CD

Procedures for Loan Against SBLC, BG, MTN, Bond, CD:
NO UPFRONT FEES 

1. 1. The client must have already acquired the instrument
   2. The client will submit a completed CIS
   3. The client will submit a color copy of their passport
   4. The client will submit a copy of the instrument (front and back)
   5. Minimum amount is $10 Million and No Max
   6. The client will receive a 90%LTV minus fees on a non-recourse, non-repay loan 
2. 
   FINANCIAL INSTRUMENT:
   1. The instrument needs to be a Cashed Backed Bank Instrument, such as a SBLC, BG, CD, MTN or Bond
   2. The Instrument can be leased as long as it can be transferred via MT760 or DTC and is Top 25 bank.
   3. The Bank needs to be a World Top 25 Bank with a �A Bank-Rating� or better
   4. The instrument must be transferable and will need to be transferred to the lender via MT760 or DTC 

FUNDING PROCEDURES:
A Compliance Packet (CIS, Passport & Bank Instrument) will be sent to the lender - Compliance will begin immediately on the file. Once the client has passed compliance and the instrument has been verified, the file will be approved. 24 hours after the lender has received the file, the lender will call the client to offer the client the contract. Once the client has agreed, signed and returned the contract to the lender, the first tranche will be sent.

 The client will receive 90% of the value of the instrument in 3 days <Minus 5% per tranche>

Day 1 - the client will receive 30%* minus the closing fees
Day 2 - the client will receive the second 30%*
Day 3 - the client will receive the final 30%*

This is a non-recourse, non-repay loan. The lender will be the beneficiary of the instrument for 90 days, on the 90th day, the instrument will be returned to the client. The client can do the loan again.

End result of this program in this example is:
Client uses a 200M MTN and recieves $150,000,000 minus fees for the 90 day use of the instrument (NOT A LOAN) and recieves those funds in the first 3 days.