Instrument Types include, but are not limited to, SBLC, LC, BG, CD, MTN, Bonds, Notes, IBOEs, Trusts, Bank Accounts, Sovereign Guarantees, Bank Cheques, Bank Drafts, Receivables, Cryptocurrency including Bitcoin; issued by almost any major bank and in almost any country.
Loan Type: Non-recourse loan.
Currency: USD, EUR.
Minimum Loan Amount: US$5 million or 5.0€ million, no maximum.
Loan Purpose: Loan funds can be used for any legal purpose.
Loan Term: 12 months, with an option to extend for another 12 months.
LTV: 65-85% of the collateral value.
Interest Rate: 6.0% - 10.0% per annum, collected at loan closing.
Lender Points: 5% - 8%, collected at loan closing. No additional fee for extension into the second term.