1. PROJECT FINANCE
FUNDING PROGRAM private projects
Solution available
The investment program proposed for private project owners, is a Joint
Venture operation for which funding is obtained on a non-reimbursable
basis.
The solutions we propose are to cover the total investment required for
a given project. Initiating a project requires that a Letter of Intent (LOI),
leading to a Standby Letter of Credit (SBLC), be requested of the project
owner's Bank. Given the non-reimbursable nature of the project funding,
However, no collateral should be required of the issuing bank for either LOI
or SBLC.
Therefore for Private
Projects:
1.100% funding
including land cost.
2. 2.No interest will be
requested.
3.No deposit amount will
be asked for.
4.No collateral will be
required.
5.No advance fee.