Have you ever funded and closed such a loan?
 
B. Foster
----- Original Message -----
Sent: Wednesday, October 27, 2004 6:17 PM
Subject: [RealEstate] Standy Letter of Credit/Bank Guarantee Program

In order to facilitate the funding requirements for viable projects,wherein the project holder lacks the capability of providing a security environment to support the necessary collateral demands of the prospective lender/investor,our Providers have designed a special program to address this issue.This program is to provide collateral for projects both National and Internationally.This is done thru the use of Bank Guarantees or Standy Letters of Credit,the normal term for the use of  this collateral is 366 days.This would be for projects of $100mm USD and above.You will need to have a lender that is ready to fund based on sufficient and acceptable collateral.This opportunity has been created as a vehicle to fund  worthwhile business ventures and development projects which of and by themselves do not possess the necessary credit worthiness or have sufficient collateral,to qualify for traditional Bank Lending.The Client/Borrower however should have a Credit line or a Conditional Loan Commitment Letter available to them from an acceptable Bank or Securities House.Our Strategic alliance partners have a sufficiently strong assest base necessary to underwrite the securitization of the Loan Funds or Credit Line Principle Funds.

Terry Van Pelt
Van Corp Financial
5464 MontClair Place
Sarasota,Fl 34231
Phone 941-927-3438
Fax 813-436-5383
[EMAIL PROTECTED]


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Apply for Commercial Real Estate loans online and submit your deal to dozens of hungry lenders in just minutes. Loan programs for all types of business and commercial real estate. Apply anytime at http://realestatezoo.com

RealEstate
Part of RealEstateZoo.Com
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