Capable funder ready, willing, able to proceed SBLC monetization at LTV 65%-70% nett to SBLC provider.
Monetizer capabilities
- Can deliver USD, EUR. Preferable EUR.
- Typical size to monetize USD / EUR 500 mil – 5 Bil.
- Monetization LTV: 65-70% nett, for cash backed SBLC from EU Top 25 banks
- Monetizer’s fund come from company bank account.
- Monetizer’s confirm money is clean. Not from criminal origin.
Working terms & conditions
- SBLC provider must use Monetizer format of SBLC Monetization agreement.
- Must be genuine, cash backed SBLC. Lease SBLC not allowed.
- Provider DO NOT not need to pay back the money.
- Monetizer to call SBLC after 1 year & 1 day.
- SBLC provider must accept the working terms and prepare to demonstrate serious commitment and financial capabilities.
Procedures:
- Provider to submit LOI to the Monetizer and sign NCNDA
- Monetizer to provide agreement for review & discussion
- Monetizer to fill in Bank co-ordinates for provider authentication
- Both parties complete monetization agreement.
- MT799 follow by MT760. Whole process within 14 banking days.
