Please read the below information very carefully.

Banking Commitment Required

Make sure that client only brings forth transactions where they have a;bank commitment in writing for a loan or credit facility; from a bank that understands how to close receiving collateral via SWIFT where the bank understands how to use bank debt instruments and; where the institution will open and activate the loan or credit facility that is only subject to and condition on the presentation of the instrument before allowing the beneficiary the ability to pull down the credit facility or access the cash proceeds from the loan.

We want each and every beneficiary to be successful with their instrument as soon as possible so please suggest to them to focus all their time and positive energies on the execution of their transaction(s) as outlined above.

The following must occur

1. Make sure your banker or your JV partner’s banker understands your deal ( merger / acquisition / development / trade / investment vehicle YOUR REASON FOR WANTING A DEFAULT BANK DEBT INSTRUMENT)

2. Submit sample instrument text to banker and ask him to underwrite your deal through credit and compliance using your project as first lien position and the instrument in the second position. Tell them (banker) that your co-signer/instrument provider has very specific closing procedures to deliver the instrument into the transaction for their own protection as well. Give them the closing procedures for approval and ask for a written confirmation that they can close on the instrument this way.

3. Ask them that once this transaction has gone through credit and compliance can they then open up an account to accept the instrument into and can you get a confirmation in writing that the loan or line of credit will be activated as part of your banks loan commitment.

4. Once instrument is delivered via the procedures how long does it take for you to obtain the use of the funds.