Closing Process for Structured Collateral Loan
A number of clients have requested assistance in presenting their projects in a professional manner. Global Project Financing Group provides Fortune 500 caliber materials. This is not based upon any “off-the-shelf” software programs. It is custom original research and writing, hand crafted by the worlds leading financing experts.
Global Project Financing Group´s International Law Firm expertly prepares investment projects for funding in cooperation with the lenders for active feedback. The resulting Business Plan and Legal Due Diligence Package are guaranteed to satisfy the rules, requirements and criteria of numerous financing sources. Projects prepared by Global Project Financing Group’s lnternational Law Firm regularly positioned on the “A-List” of our sources among the Top 5% of most desirable projects considered for funding.
The client must pay for the preliminary expenses of this work. The law firm works strictly on a fixed fee basis – no “billable hours”!! Updates and alternate versions such as executive summaries are included at no extra charge.
After preparation, Global Project Financing Group´s International Law Firm provides full management and active work on financing the project, 100% on commission.
After Global Project Financing Group issues a signed, legally valid Collateral Commitment Contract for the project, and the Borrower also signs the contract, the closing process for the resulting loan commonly consists of the steps summarized below. (In the majority of cases, the Lending Bank will also simultaneously function as the Issuing Bank for the CD, such that both roles are performed by only one bank. For technical accuracy and functional clarity, however, both terms are used here separately as appropriate.)
Lending Bank issues a formal letter of Conditional Approval of the project and intent to finance, in the form of a “Term Sheet” agreeing to certain specifications of the CD collateral instrument. GPFG or its attorney contacts the Lending Bank to confirm the validity of the Conditional Approval.
GPFG then selects a Depositor who has recently requested to participate in a collateral enhancement transaction, and facilitates the direct introduction of the Depositor to the Issuing Bank.
Upon the instruction of GPFG, Depositor provides proof of funds directly to Issuing Bank, and declares the history of the deposit funds and other disclosures required for legal due diligence by the Issuing Bank.
Depositor agrees with Issuing Bank on the mechanics of the collateral instrument and assignment and registration of its principal and interest certificates.
Depositor opens an account at Issuing Bank and deposits the CD purchase funds.
Lending Bank calls for a Closing of the financing transaction.
Depositor purchases the CD from Lending Bank or provides an “A” rated CD from Issuing Bank subject to verification by Lending Bank.
CD principal certificate is pledged to Lending Bank to cover the principal of the Loan.
Borrower MUST instruct Lending Bank to transfer closing costs for procurement of collateral to GPFG, and to return the repayment directly to Depositor, at the moment of closing.
Issuing / Lending Bank must assign the CD interest coupons to Depositor at the moment of closing.
CD principal certificate becomes pledged property of the Lending Bank to liquidate upon maturity as full repayment for the principal of the Loan.
For more detailed information on these services please download, complete and return our Forms To Be Completed.
Please find attached the application material and a sample of the commitment letter you will get from the funder and a sample of the term sheet we would require from your bank that you can use as an sample.
To submit your project to our financial teams, please send your business plan or executive summary to submission@globalprojectfinancing.com.
We can arrange universal collateral for reliable funding, purchase the current notes, or arrange for financing for the project, equipment, etc. Download the following files to your computer choose "save target as":
Consulting Agreement
Addendum A
NCND
**We do not comment on potential projects without a completed Consulting Agreement with Addendum A. Please read everything here so that you have a clear understanding of our programs and how they work.
Submit Consulting Agreement, Addendum A, NCND and Business Plans/Executive Summary to submission@globalprojectfinancing.com
It is our strict policy to allow meetings only AFTER receiving a fully completed and signed Application Form and Consulting Agreement, and after receiving Confirmation of the project by our funding sources. These decisions are driven solely by the facts and quality of documents presented, and not by any personal considerations.
GLOBAL PROJECT FINANCING GROUP provides full written disclosure about our financing processes and mechanisms, and exactly how and why they work. We will send you a full package of information materials by e-mail. We ask you to review them attentively before requesting telephone consultation or submitting your Application.
Because of great demand for our services and a large volume of agreements, for example;
AGREEMENT FOR PREPARATION OF INVESTMENT PROJECT
AGREEMENT FOR MANAGEMENT OF FINANCING PROCESS
it is impossible for us to allow meetings merely for acquaintance or introduction. So all related meetings would be for nothing. Financing requires intensive work on voluminous documents, and constant negotiations spanning many time zones. We have an obligation to our clients to give highest priority to delivering results on projects.
FAQ's for New Clients
List of items needed to submit your loan request- please have these items ready- if at all possible- should they be requested some may not apply to your project, if you don't have all, we can arrange to get them.
From all of us here at Global Project Financing Group, LLC., we look forward to working/partnering with you!
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Send your funding requests to:
Email: submission@globalprojectfinancing.com
Collateral Enhancement – Financial Backing for Project Financing
CD PROGRAM
The “No Interest” Structured Collateral Loan
History of the CD Program
Closing Process for Structured Collateral Loan
Loan Procedures
How to Obtain a Project Financing Loan
“Global Project Financial Solutions"
International Commercial Loan,
Collateral Enhancement and Credit Enhancement
LEGAL DISCLAIMER: This document is for informational purposes only, and is not a solicitation for the purchase or sale of any securities, nor a solicitation of investment funds or placement. This document does not represent the policies of any bank or financial institution, is not intended as a confirmation of any transaction, and does not consist of any legal, securities related or tax related advice.
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