I can assure you that it is all BS. Anytime you see promos referencing huge dollar amounts and containing buzzwords such as "bank guarantees", "standby letters of credit", "insurance guarantees", "prime bank notes", it is all crap. You may be certain that Van Pelt has never done one of these deals becasue they cannot be done. What can be done is to skin the unwary for fees.
Bill ----- Original Message ----- From: "William Ranill" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Friday, October 29, 2004 10:56 AM Subject: Re: [RealEstate] Standy Letter of Credit/Bank Guarantee Program > > > Dear Bill: > > Good question. This guy referred me to another person > who indicated that unless I was prepared to pay > upfront fees for due dilligence, etc. I could not be > helped for two large real estate projects in the Fiji > Islands. Both very viable. When I told Terry Van > Pelt that I would not pay any upfront fees, he > replied...nothing in life is free. > > You be the judge Bill. > > William > --- Bill Foster <[EMAIL PROTECTED]> wrote: > > > Have you ever funded and closed such a loan? > > > > B. Foster > > ----- Original Message ----- > > From: [EMAIL PROTECTED] > > To: [EMAIL PROTECTED] > > Cc: [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] ; > > [EMAIL PROTECTED] > > 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] > > > > 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 > > ------------------------------------- > > Post message: [EMAIL PROTECTED] > > Subscribe: [EMAIL PROTECTED] > > Unsubscribe: > > [EMAIL PROTECTED] > > List owner: [EMAIL PROTECTED] > > Web Site: http://groups.yahoo.com/group/RealEstate > > > > > > > > > > > > > > > > Yahoo! Groups Sponsor > > ADVERTISEMENT > > > > > > > > > > > > > -------------------------------------------------------------------------- ---- > > Yahoo! Groups Links > > > > a.. To visit your group on the web, go to: > > http://groups.yahoo.com/group/RealEstate/ > > > > b.. To unsubscribe from this group, send an > > email to: > > [EMAIL PROTECTED] > > > > c.. Your use of Yahoo! Groups is subject to the > > Yahoo! Terms of Service. > > > > > > > > > __________________________________ > Do you Yahoo!? > Yahoo! Mail Address AutoComplete - You start. We finish. > http://promotions.yahoo.com/new_mail > > > > > > > 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 > ------------------------------------- > Post message: [EMAIL PROTECTED] > Subscribe: [EMAIL PROTECTED] > Unsubscribe: [EMAIL PROTECTED] > List owner: [EMAIL PROTECTED] > Web Site: http://groups.yahoo.com/group/RealEstate > > > > > Yahoo! Groups Links > > > > > > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar. Now with Pop-Up Blocker. Get it for free! http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/iiEolB/TM --------------------------------------------------------------------~-> 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 ------------------------------------- Post message: [EMAIL PROTECTED] Subscribe: [EMAIL PROTECTED] Unsubscribe: [EMAIL PROTECTED] List owner: [EMAIL PROTECTED] Web Site: http://groups.yahoo.com/group/RealEstate Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/RealEstate/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
