Project Finance And Bank Guarantee - Wellesley Credit Limited

Project Finance And Bank Guarantee

PRICE: contract price
Company:
Wellesley Credit Limited
Contact Person:
Ken Fazakerley
Phone:
+44(0)2086380147


Product Description

We arrange 100% funding for all types of projects all over the world.

See the overview of our funding programs below.

First option.

We arrange funding for projects/businesses through leasing and monetizing of cash backed Bank Guarantee and crediting client’s account with the loan amount. Our funding program is structured such that the leasing fee of the bank instrument is covered by the monetizing institution upon draw-down

Note that clients will be required to cover the basic costs of setting up the cash backed Bank Guarantee(Collateral) if their application is approved/ passes Due diligence:

We will require the following compliance documents to evaluate clients requests:

1. Project Summary or Description.
2. Letter of Request stating the amount of funding required
3. Client Information Sheet.
4. Letter of Non-Solicitation
5. Company Board Resolution
6. Copy of Passport or Driver’s License
7. Copy of Company registration.
8. One letter of proof of address (example, Water bill, Gas bill, Electricity bill, Telephone bill, Tax documents)
9. Past three (3) years financial statements (start-ups exempt)
10. Copy of bank statement

Other information:

1. Grace period/Moratorium: Two (2) years is allowed for construction projects or as may be agreed and One(1) year for other types of projects.
2. Repayment/Term: (Monthly, Quarterly, Bi-annually, Annually, One bullet payment)
3. Interest rate = 1.95% APR Fixed
4. Minimum amount of funding = USD/EURO 1 Million

Second option:

1. Client submit their application documents as above
2. We complete Due diligence
3. Borrower/client purchases a insurance guarantee or surety bond from insurance companies of our preference to secure the loan.
4. Once the Insurance company confirms that the client/borrower has purchased the guarantee/policy and a copy is sent to us via email, we shall send the loan amount to the borrower’s account via Swift MT103/TT on an agreed tranches.
4. Client repays the loan amount with interest as per agreed repayment plan.

Other information:

1. Grace period/Moratorium: Two (2) years is allowed for construction projects or as may be agreed and One(1) year for other types of projects.
2. Repayment/Term: (Monthly, Quarterly, Bi-annually, Annually, One bullet payment)
3. Interest rate = 2.85% APR Fixed
4. Minimum amount of funding = USD/EURO 1 Million

Thirds option:

BANK GUARANTEE, STANDBY LETTER OF CREDIT, DOCUMENTARY LETTER OF CREDIT,

We provide clients with cash-backed Bank Guarantee/Standby Letter of Credit on lease at 5+1% for project finance from Top rated Western European banks, North American banks and Asian banks. Find attached Letter of Intent for your consideration.

Let me know if you need any clarification.

Kind regards,

Ken Fazakerley,
For: Wellesley Credit Limited
www.wellesleycredit.com


Other products
Bank guarantee
Price: contract price

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