Buy and Sell
Bank Instruments - BG and MTN
Are you
Interested in buying or selling financial instruments?
DRG Commercial Financing works with both buyers and sellers on
the purchase and sales of Medium Term Notes - MTN and Bank
Guarantee - BG instruments, Treasury Notes, T-Strips, Treasury
Strips, etc. Our sources include paper for Proof of Funds
and very occasionally No Proof of Funds transactions. No Proof
of Funds paper is now very limited, so please call for availability.
Depending on the market, we can arrange the buy/sell of seasoned
instruments and also fresh cut paper. Our paper is cash banked.No
upfront fees at any time.
Buyer
Initial full packages include all or part of the following compliance
documentation: LOI, Client Information Summary, History of Funds,
Corporate Board Resolution, Certificate of Good Standing, Non
Solicitation agreement, Passport of buyer, and depending if a
POF transaction, either tear-sheets or BCL with 2 bank officer
signatures within 5 days of submission.
Please
call 443-535-8987 for details and current availability.
Lease an SBLC and get a Loan Against it Simulateously
with only 3.5% down
This is a new leased instrument program allows you
to lease an SBLC and do a loan against it at the same time --
clearing approximately 50% LTV. You pay 3.5% of the value of the
instrument. The issuer does a 60% LTV loan against the instrument
minus a loan fee and the balance of the leased instrument fee
of 9%.
An Example of this program: $350k can get a $10m
SBLC of which client will be provided a loan at 60% minus 9% to
pay off the Balance of the SBLC and minus $200k fee for the loan.
This means client receives approximately 50% LTV for 3 years with
no loan payments. If opting for the 3 year loan, client must keep
SBLC in place for the 3yr term - additional yearly lease fees
would apply.
Contact us or more information on this program.
No Payback Loan against Financial Instruments
OWNED AND LEASED INSTRUMENTS - BG, SBLC, MTN, Bond
Procedures:
1. The client must have already acquired the instrument
2. The client will submit a completed CIS
3. The client will submit a color copy of their passport
4. The client will submit a copy of the instrument (front and
back)
5. Minimum amount is 10 Million and No Max
6. The client will receive a 90%LTV minus fees on a non-recourse,
non-repay loan
INSTRUMENT
• The instrument needs to be a Cashed Backed Bank
Instrument, such as a SBLC, BG, CD, MTN or Bond
• The Instrument can be leased as long as it can be transferred
via MT760 or DTC and is Top 25 bank.
• The Bank needs to be a World Top 25 Bank with a “A Bank-Rating”
or better
• The instrument must be transferable and will need to be transferred
to the lender via MT760 or DTC
INSTRUMENT FUNDING PROCEDURES
Client submits CIS/passport/copy of instrument.
FPA is drawn by the lender and sent for signature. Once FPA is
returned, a contract is issued within 24 hours of contract signing
funding begins with 30% minus fees in 24 hours, then 30% in 24
hours and 30% in 24 hours.
This is a non-recourse, non-repay loan. The lender
will be the beneficiary of the instrument for 90 days, on the
90th day, the instrument will be returned to the client. The client
may do the loan again after 90 days.

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