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Int'l Financing For US Products
- Subject: Int'l Financing For US Products
- From: associates@ws.alpina1.net
- Date: Sun, 14 Dec 1997 12:58:06 -0500 (EST)
- List-Name: GLIN-Announce
Obtaining International Financing Just Became Easier....
Regarding: Professional Trade Services Offered.
Dear Importer / Exporter,
We take this opportunity to extend to you an announcement
that will increase foreign sales of USA manufactured products
and services for most developing countries at a very attractive rate.
As a participant in the Preferred Lending Program, we can provide
you with the fastest turn-around time in the industry, utilizing Florida's,
(one of the largest exporting states) commercial bank network
With over 20 years in the export financing industry we have
always prided ourselves in "Making The Transaction Happen"
Our export financing programs include,
Directs Sales
Rental Fleet Financing
Floor Planning Financing
Minimum Transaction Size:
$150,000 US Dollars
Rates: 6.5 - 10% (Rates are subject to credit and change)
Rates are provided to you in writing from the successful bidding bank
from our network. All banks are well known US Commercial Banks.
Terms:
Payments made every six months (arrears)
Payment Plan:
3 years $150,000 - $300,000
4 Years $300,000 - $ 500,000
5 Years $500,000 plus (Can also finance C.F.R.)
8 Years for over $10,000,000.
Down Payment: 15%
( Paid upon signing final paperwork with
recognized USA Commercial Bank )
Earned Fees: 5% of invoice amount
(Can also be financed by adding to the invoice amount)
Company Procedures:
Once we receive a full financial package, it will take us a
few days to determine if we feel we can get the transaction
financed. If so, the lending institution will require $350 USD
(Payable to the Bank) to process with the application. We will
have an official finance proposal from a major US Commercial
Bank for your review within a seven day period. This application
fee is not for our benefit. Checks are payable to the US & the
State of Florida Trade Assistance Unit.
Our fee is earned only when the transaction is finished.
When we received the signed finance proposal, it will take
less than 20 days to issue the final approval and final
documents ready for review/signature.
The equipment supplier will be paid in full and export the product.
The client will begin to make payments six months after receiving.
the equipment or products.
Required Credit Package of Foreign Buyer
1) Three years audited (if available) financial Statements. Including
balance sheet and income statements.
2) Corporate brochures, biographies of officers, short company outline,
years in business, type of business (narrative).
3) Bank references. Must be on buyer's bank letterhead to include
opening date, year to date average balance, account rating on the
business checking account. Also provide any loan experience.
4) Trade References. Please include a minimum of three business
credit references from financial institutions and/or suppliers of products
purchased on open account for your business.
5) Furnish a short business plan for items being purchased explaining
cash flow benefits from the use of the equipment. (cash flow proforma)
6) Personal financial statement if the buyer is not a corporation.
****Our financing programs are not available for any
purpose other than US manufactured products or services****
Used Equipment Is OK
It is very important that the credit package is submitted in it's entirety.
Parcel packages will not be processed. Please forward the credit
package to the above address.
Always check with us in advance to make sure that the Company
requesting financing resides in a country & a sector that qualifies
for our program.
Please feel free to contact us by phone, fax, or email
Alan Alvarez
South Pointe Financial Corp. (USA)
Tel: 305-870-0710 Fax:305-870-9610
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