Welcome Guest ( Log In | Register )

> Info & Tools:

CrowdFunding Related Information

 
Reply to this topicStart new topic
How To Monetize Bank Instruments, Quickly
wallmann
post Nov 7 2010, 08:35 AM
Post #1


New MoneyMaker
*

Group: Member
Posts: 13
Joined: 5-June 07
Member No.: 109,254



Monetize Your Instruments Quickly

We work directly with a firm which maintains an open line of credit with several major banks. At this time, they are offsetting large end of year profits with an investment program in which they seek to acquire registered bank or financial instruments of all kinds to avoid a larger end of year tax liability due to their extreme profitability.

In that context, please note the following facts:

#1...If the instrument is listed on Euroclear or DTC AND is owned by the client, it likely qualifies for this program.

#2... The monetization is a 'non-recourse loan' generally for 1 year and 1 day. The client does not need to repay the funding AND he gets his instrument back after the contract period.

#3... LTVs will vary based on the instrument itself and the strength of the issuer. Firms quotes will be given in the contract after client presents himself and his instrument. But the extremes are 55% on the low end to 95% on the high end. We've never seen a 55% deal. The averages are in the 80% to 85% range.

#4...All that is needed from the client is a simple CIS, Passport ID page, blocking codes and a screenshot of the instrument.

#5...The client will receive a straightforward contract to execute. Once this is submitted, the instrument will be blocked on the screen and closing/funding may occur within a couple of hours.

It's very simple and straightforward. Let us know if you have any prospects for this business.

Note: CMOs are accepted but face value should be $1B or more because of their low value.

Regards,

Larry Potter
Lgpotter33@gmail.com


--------------------
Larry Potter, Pres.
KIM-LAR INC.
Lgpotter33@gmail.com
Go to the top of the page
 
+Quote Post
Paid Advertisement
 
Go to the top of the page
 

Reply to this topicStart new topic
2 User(s) are reading this topic (2 Guests and 0 Anonymous Users)
0 Members:

 

Skin designed by IPB Forum Skins

FEATURED AD - NEW STATIC AD



Advertise on MMG Today!


Advertisement