MAGNUM FUNDING

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COURTESY DEPOSITS

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.

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ABOUT US

David Butts

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Rick Curran

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CONTACT US

FOR MORE INFORMATION PLEASE FILL OUT THE FORM BELOW. WE LOOK FORWARD TO ASSISTING YOU WITH YOUR FINANCIAL NEEDS.

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MAGNUM FUNDING

(703) 899-4486