 Loan Against Bank Endorsed Postdate Company Cheque (Business Opportunity)
Trade Lead Description:
We are offer to funding against One year Post-Dated Bank Endorsed Company Cheques, instead of BG or SBLC as tradition type.
Once your bank endorsed your cheque, funder will provide loan at LTV 50% of the face value of the cheque. Interest rate: 6.5% per annum. Commission 1% to Intermediators is payable by Funder, not from Borrower.
Loan term: one year. Extend is possible, by renew the cheque.
At due date, Borrower shall remit back the Funding Amount (50% of the face value of bank endorsed cheque) to the Funder s bank. Within two (2) days of receipt of the funding amount, Funder shall return said cheque to Borrower by courier.
We are working on the cheque having the face value US$/Eur 20M (min) up to US$/Eur 200M (max)
If you are interesting in, please do not hesitate to contact us asap for further information.
Best regards,
Mr. Pham Ng. Son
TLP International Investments (s) Pte. Ltd.
Singapore
| Type of Offer: |
Business Opportunity |
| Quantity: |
Not Specified |
| Packaging: |
Not Specified |
| Price / Incoterms Conditions: |
Not Specified |
Posted from Singapore - All on 24 November, 2015
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