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100% Bank Instrument Lending |
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- Lender will Fund 100% of the Face Amount of Bank Instruments.
- Lender will lend against CD's, BG's, MTN's, Treasury Bills, and SBLC's.
- Process: Lender will do a Bank to Bank phone call first to verify Capacity on both sides so you'll know right away on their ability to Fund. Once the call is completed a Contract is issued.
- Once the contract is executed, they can Fund in 5-7 Business Days.
- No upfront Fees.
- No prepay penalty.
- Lender does not take a Lien on the Project.
- No underwriting other than the verification of the Instrument.
- Lender will not loan against Leased Instruments as the Instrument is the only Collateral for the loan, and must be cashable in the event of default.
For more information, please fill out the form on the left or call us at (310) 878-2318.
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