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Buy Funding Against Bank Instruments

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Product Description

SBLC Premium Plus Program Program Highlights 3.5 percent to 5.5 percent Simple Interest - Paid Annually in Arrears Can Fund up to 90 percent to above of Face Value of SBLC less cost of funds Typically USD 10M Minimum with no Maximum Can Increase your ROI Significantly SBLC Must Be From a ARated Bank or Better - AA Rated Preferred Must be an Unconditional Demand "Letter of Credit" SBLC Must Have an "Evergreen Clause" Fast Process - 15 to 30 day turn time No Prepayment Penalty No Project Qualification No Experience, Credit, LTV or Documentation Requirements You Continue to Earn Interest on your Asset Your Anonymity and Privacy are Protected The Process I) Contact your bank and negotiate for a discounted SBLC 2) Provide KFC documents to obtain Letter of Intent (LOI) (See document list below) 3) SBLC is reviewed for compliance 4) LOI is issued. You accept LOI and execute a Service Agreement and wire due diligence deposit 5) Provide KFC documents to obtain funding (See document list below) 6) Funder is scheduled - you meet with the Funder and sign loan documents 7) SBLC is blocked 8) SBLC is funded 9) You fund your project I0) You complete your project, pay off the loan and repeat the process if desired Document List To Obtain LOI and Commitment Letter: 1) MT-799 (Bank authentication and disposition of SBLC instrument) 2) Brief letter signed by the signatory stating they request a loan against the subject SBLC - This letter also needs to include the following: a. Name ofthe person to correspond with if different than the signatory b. Company name, address, phone and fax numbers and e-mail address c. Reference the instrument type, amount and issuing source To Obtain Funding: 1) Customer Information Sheet (CIS) 2) Color copy of the passport of the signatory 3) Custodial SKR or BCL (only if requested) 4) Original executed Service Agreement (This document will be provided at issuance of LOI) 5) Wire due diligence fee

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