The courtesy deposit product is very simple. We arrange deposits to be made at acceptable financial institutions worldwide. The deposits we arrange cannot be encumbered, pledged, put in jeopardy, used to collateralize your loan, or used to guarantee your loan. Your lender does not have the right of offset against our deposits. No funds can or will be deposited into your bank account. Only your Banker will have access to the funds used to purchase the Certificates of Deposit at the bank. However, the deposits we arrange may motivate your banker or the loan committee to look more favorably at your loan package. In addition, in this highly competitive banking era, your loan package will stand out in front of any banker or loan committee with our product attached to it.
We do not look at the particulars of your loan package. We do not run credit checks or evaluate your project. Your funding request or project has no bearing on our capability to execute the delivery of our product. We are ONLY concerned that our simple requirements are met so that we can successfully arrange the deposits to be made at the financial institution which you request.
The amount of the CD's deposited are equal to your loan amount (i.e $1.000,000 loan = $1,000,000 CD's placed in bank).
The fees for the CD placement = 4% (upfront) (5% fee for loan amounts less than $1 mil.)
Complete the contact information and one of our representatives will get you started.