wallmann 1 Report post Posted September 9, 2010 Client needs $700k to enter the Leased Instrument Monetization Program which ramps him up to $5M on cycle one, and $25M on cycle 2. From here we can get him into a PP scenario and capital builds for some nice sized projects if needed for that. A top tier bank will issue the CD with the client named as beneficiary. The CD is placed and held in the escrow account. The same entity that provides the CD, provides the loan funds against it which will amount to 10% of the face value. Clients funds stay in escrow until deal is completely funded, making it 100% safe for the client. It will remain there until the loan proceeds are sent to escrow. Loan proceeds are sent to escrow and all are distributed accordingly. Required To Proceed: A CIS (we have a blank Client Information Sheet if needed, but it must be on their letter head)Copy of Passport POF (sensitive info can be sanitized), should be currenta 1 or 2 page business summary The above will get the agreement with all the specifics. Process is approximately 10 days. The 'loan' is structured with a 'zero' interest rate and the CD is pledged as collateral. So if or when the 'loan' is not repaid, the CD simply goes back to the original provider, which is what the ultimate intention is anyway. You could look at this as a 'non-recourse' loan. However, for sensitivity reasons, it's just not being promoted that way. As for the MOU (Memorandum Of Understanding), only 'when' we present the qualified client and his package, will he 'then' be contacted directly by the program manager with the final contract and complete details where and when the client will complete his full due diligence with complete transparency, with no obligation. Contact Larry at Lgpotter33@gmail.com Share this post Link to post Share on other sites