Terms, Conditions & Documents Required  

Investment Underwriting / Loan Amount

Our minimum undertaking is US$ $ 5 Million with no formal maximum. However each proposal must be financially viable and legally structured. The CLIENT must be capable to carry out the objectives of the proposal.

Investment Term

Investment Underwriting are typically committed for a ten (10) year period and may vary. Occasionally we may consider a longer term for large development projects where the generation of income is delayed due to the development period. Each proposal is assessed on its own merits and therefore offers are structured accordingly.

Interest Rate

For a loan amount in excess of 10M USD, the interest rate for first year is 7.50%. From the second year until end of the term, a fixed rate of 5.50% annually. For any loan amount under 10M USD, the interest rate is negotiable.

Interest Payments

First year interest is paid in advance
From year two to the end of the term are paid in arrears.

Principal Repayment

Principal is repaid in one balloon payment at end of the term. This facility allows the borrower to use the buildup of capital for the development of the business.

Security

All Class "A" preferred Stock or other negotiable securities subject to approval of lender.

Use of Underwriting Investment

Underwriting Investment can be applied for and committed to any legal and financially verifiable project. The borrower must undertake to use Investment for legitimate business purposes only.

Early Redemption

One percent (1%) penalty.

Investment Underwriting Cost

Three Percent (3%) of Investment / Loan borrowing.

Documents Required

* Letter of Intent/Investment Application (Available Under Investment Application).
* Complete Business Plan.
* Financial Statement Corporate and Personal.
* Resume on Principals including Personal and Bank References.
* Certified true and accurate copy of Company Incorporation Papers.
* Certified Corporate Resolutions as per the following:
(a) Action taken by the CLIENT approving the transaction.
(b) Authorizing the Company and/or its officers or directors to enter and execute the Agreements.
* The Fiduciary Bank Information.
* Corporate Attorney Information.
* Corporate Accounting Firm Information.
* Certified Passport copies of the Authorized Signatory.