Leased Instruments / Funding

Structured Products

Posted by efund1 (Wednesday, July 09, 2008)
Leased Instruments / Funding

I have been in this business for quite some time. I have NEVER seen or heard of anyone getting a leased instrument transaction from lease to fund, ever closed.

Brokers continually try to "sell" this and say they've done it before, but HONEST brokers will say they have tried or are trying but NEVER closed 1.

Can i get some HONEST feedback from my fellow upstanding brokers?

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08-15-08 LastDollar: talking with a leased cd provider for my client, my client wants to proceed with his army of attorneys behind him, been talking with a trade group who says they WILL fund this particular leased cd. will keep you posted and let you know if we sink or swim

08-01-08 efund1: Penn89 - the problem is, to possess these, client has to pay for in full. If there is a line/loan against, a bank undertaking must be made to return instrument un-encumbered. Since client cannot get possession without both of these in place, how could they ever possess without end funder in place?

07-26-08 penn89: Efund1 if you have a client participating in a tri-party repurchase agreement ( leased instrument ) and they need a credit line against it , then I have several credit facilities that will extend a credit line against those instruments. I must stress that your client must be in direct possession of these instruments , I can be reached at williampann89@yahoo.com

07-25-08 efund1: NEWSFLASH: I have just spoken to a client who has stated that he is actually in litigation against Leon & London Securities for not returning an 80K escrow deposit for failure to deliver a valid BG. He has been waiting 3 months for the return of money! Now, if it is in escrow, there should be no wait. Obviously, Leon MUST be in full control of his PHONEY ESCROW COMPANY. DEFINATELY stay away. Herein is rock solid testimony of a client losing his money.

07-23-08 Grengo: BE AWARE OF SCAMMERS ::::: LONDON SECURITIES COMPANY, LONDON, ENGLAND, Total Scam: Collecting escrow money without performance of any kind: U just stated the most “Ambiguous” statement!! What a joke!! RUNNING WITH VIRTUAL OFFICE, SITTING IN CANADA, SCAM ARTIST LEON SITZER. THERE ARE NO OFFICE BUT SCAMS PROVIDING LEASING INSTRUMENTS, OTHERS, AND COLLECTING HAFTY “ESCROW MONEY” THEIR OWN ESCROW AGENT, ONE OF THEIR SCAMMER, NOT THIRD PARTY ESCROW AGENT, MANY OTHER PEOPLE INVOLVED IN COLLECTING ESCROW MONEY. ASK FOR BANK REFERENCE LETTER AND YOU WILL NEVER GET THAT. HOW LONDON SECURITIES COMPANY CAN ARRANGE 10 – 200M LETTER OF CRDIT FOR LEASING BUT NO REFERENCE. SO CALLED VIRTUAL OFFICE / SCAM / TALK SWEET / DO NOT PLACE YOUR ESCROW BEFORE RECEIVING BANK REFERENCE / DO NOT BE INTIMIDATED BY TOM NUGENT (SOB) THAT YOU MUST BE CLIENT FIRST / REPORT THIS SCAM / Tom Nugent ( DO NOT EXACT NAME), the Bullshit!!! Scammers. Talk to your bank officer “First” before you want to waste your money. London Securities Company, made up of bunch of “scammers”.

07-15-08 efund1: bump

07-11-08 efund1: : Grengo. No offense meant towards you Grengo, but you hurl accusations but you do not state any first hand experience that backs up your claim! Just like we need to do our due dilligence on these "leasing companies, in this case London Securities, can you offer FIRST HAND proof that they are commiting any fraud. Any details you can provide would be appreciated. Thank you.

07-10-08 Grengo: BE AWARE OF SCAMMERS ::::: LONDON SECURITIES COMPANY, LONDON, ENGLAND, Total Scam: Collecting escrow money without performance of any kind: U just stated the most “Ambiguous” statement!! What a joke!! RUNNING WITH VIRTUAL OFFICE, SITTING IN CANADA, SCAM ARTIST LEON SITZER. THERE ARE NO OFFICE BUT SCAMS PROVIDING LEASING INSTRUMENTS, OTHERS, AND COLLECTING HAFTY “ESCROW MONEY” THEIR OWN ESCROW AGENT, ONE OF THEIR SCAMMER, NOT THIRD PARTY ESCROW AGENT, MANY OTHER PEOPLE INVOLVED IN COLLECTING ESCROW MONEY. ASK FOR BANK REFERENCE LETTER AND YOU WILL NEVER GET THAT. HOW LONDON SECURITIES COMPANY CAN ARRANGE 10 – 200M LETTER OF CRDIT FOR LEASING BUT NO REFERENCE. SO CALLED VIRTUAL OFFICE / SCAM / TALK SWEET / DO NOT PLACE YOUR ESCROW BEFORE RECEIVING BANK REFERENCE / DO NOT BE INTIMIDATED BY TOM NUGENT (SOB) THAT YOU MUST BE CLIENT FIRST / REPORT THIS SCAM / Tom Nugent ( DO NOT EXACT NAME), the Bullshit!!! Scammers. Talk to your bank officer “First” before you want to waste your money. London Securities Company, made up of bunch of “scammers”.

07-10-08 euroman10: well nobody seemed to understand what i was saying, read it carefully.I was pointing out the high costs involved 12% plus loan fees and you are in the 19 to 20% banking costs.And you still have an instrument which has no value.

07-10-08 IBCUSA: Heck, if anyone had $12M USD (or at least $4M USD), all you have to do is: (1) get in contact with me and (2) ask me about the right to use a CMO. You can make more money than "trying to put money in some crook's pockets by leasing a worthless bank document".

Michael Hunt
IBCUSALLC at AOL dot COM

07-10-08 STBS: euroman10:

There are two main problemas in your feedback:

12 Million USD Cash at the Bank can be enough to development a good Wealth Management Plan with the Bank and start funding the projects without to "lease" any instrument. This is so called a leverage fact.

Banks will never approve any project what will be secured with a lease Instrument as there is a huge problem with the Owner Titleship of the Instrument and so far the Loan will be draw down to the Project Owner (Borrower) and not the Owner of the Instrument.

07-10-08 STBS: kenfox:

Please contact me through e-mail if you want to discuss further.

STBS

07-10-08 euroman10: the only manner in which you may use leased instruments is by arrangement with your bank.Firstly you need to have sufficent funds in your account to cover leasing costs i.e.12% for 100Million 12 million cash at bank. Your Bank must approve your project and be prepared to allow the leased instrument and the project as sufficent collateral. Bottomline is you finish paying 12% plus the interest the bank will charge for funding your project.To convince the bank you would need a properly prepared feasability plan.

07-10-08 kenfox911: Hi STBCS:
How can i pay lease fee to get Leased Instruments and funding. Please send to me more detail &procedure. Thanks
e-mail:kenfox911@hotmail.com

07-09-08 STBS: efund1:

You may contact me on:

stbsht@gmail.com

07-09-08 hrs: STBS- I do have a program someone has offered to me involving this type of transaction- can you please email me at bondpower@yahoo.com for your input- I would grealty appreciate it!!!!!!

07-09-08 efund1: I may need assistance on this. how can i reach you?

07-09-08 STBS: Take a look at this information that i got:

"When someone offers to lease you an instrument or a POF (Asset) for a period of time, for a fixed amount of costs (fees), they are not offering to allow you to have that Asset hypothecated, moved or pledged. In fact, all they are offering you is the ability to leave the Asset where it is, in safekeeping in the name of the lessor, not in your name. Further, you will never be able to obtain a line of credit or hypothecation against such Asset as you are NOT the actual, legal and beneficial owner of the Asset. Therefore, if you lease an instrument, you have done so without any opportunity to hypothecate it or trade on the value of the Asset. In short, you have wasted your money"

But there are other options on the market even and if you have "real" (and not only virtual) Funds available for the payment of the "cost" (Let's say in this way) and working out a Leverage Contract.

That's one solution. The other one is called REPO's (Repurchase Agreement) where you will borrow your Funds against government securities where the Seller agrees to repurchase it in the future.

REPO's are usually on an overnight basis and seller buys them back the following day based in the Agreement.

But Maturity Time can be extended to various days/months.

REP0's are available from 10 Mio and up and no need of any third party involved. You can ask your Banker for more details and if they are working with such Agreements. If not you have to open an Account at a Dealer Bank.

In this case you will raise a Step by Step Project Funding

No headache, No Upfront Scams. Straight forward Banking Business.

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