FUNDING PROCEDURE FOR GOVERNMENT BACK GUARANTEE PROJECTS | Finance / Banking (Sellers) | NCNDA.org 

FUNDING PROCEDURE FOR GOVERNMENT BACK GUARANTEE PROJECTS



Finance / Banking (Sellers) Published date: February 17, 2021



Dear Sirs,

We confirm our interest to cooperate with your company and our capability to make available the total fund needed for the proposed project.

We are willing to make available fund on a debt financing for a 2.0% interest rate per Annum for 10 years renewable tenure. We offer up to 24 Months grace/moratorium period dependent on the project, We do not have a limit to location or project size but we prefer a Minimum of $1M - 5 Billion for a single project to start with. 

FUNDING PROCEDURE.
Please find our complete step by step funding procedure and requirement.
1. Client send project summary and business plan for our re-evaluation, We review the project and conduct our due diligence. If qualified,
2. We present our Macro Loan funding application form for client to fill and return for processing, if approved,
3. Our legal team will draft an agreement, We will send an official LOI with our official funding partnership Investment MOU.
4. The client will revert with an official letter of acceptance and signed MOU Agreement.
5.After receiving the MOU Agreement, the project owner is required to go through a client compliance procedure which is a mandatory procedure for our company to be able to fund international projects. Documents required for compliance procedure are Certificate of Incorporation, Resolution letter stating the reason why funding is needed, Company profile and a copy of our MOU agreement signed.
6. After authentication of disbursement date with our bank, we may officially invite client for a closing meeting in our office here in QATAR and for client to sign the final fund release document. Unless client cannot make it here we will assigned attorney that will sign the fund release document on their behalf and get a power of attorney to back the release of funds up to the clients designated account.
7. After client sign the final fund release document, we shall authorize our bank to release the funding amount through MT103 wire transfer to the designated account for the beneficiary.
8. Within 30 to 60 business days after, our team will travel to clients project destination to inspect the project progress.

Your response will be highly appreciated If you accept our procedure, terms and conditions

I look forward to discussing further with you.

Yours faithfully,




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