What are the requirements to be approved for funding?
In providing funding for viable projects, we have developed a mechanism to satisfy the process that is applicable to all the Borrowers, irrespective of location. This system requires all loan applications to have a Collateral support for their loan, in the form of a Bank Guarantee or Standby letter of Credit (depending upon location) for 10% of the Total Funding Amount, to satisfy the Funders’ requirement. This process is expeditious and productive. Q: Why do I have to establish the SBLC before I receive funding? The BG / SBLC will act as the primary and only collateral support for the project until funding is completed. The minimum application value is Fifteen Million Dollars in United States Currency. These Instruments MUST be issued by Top Banks and, or, credible Financial Institutions. We utilize the value in these financial instruments to trigger our credit facilities to monetize these instruments and create the funds via debt or equity to be placed into projects in all areas of b
