Instrument & Service Description:
Complete Recourse Loan & Non-Recourse Loan Monetization of Mid Term Note (MTN) for the intention of Project Funding.
Our clients are never requested to deposit money for monetization with Petron Energy Group “upfront” – we are compensated on the “back end” of the transaction, which means we are paid on “performance,” which is tied directly to the Agreement between the client and the Petron Energy Group.
We monetize your instruments by giving you a Loan that our group can negotiate through careful negotiations with an attorney-trustee office. This is a loan that you will very seldom have to pay back, and if you do end up having payments, they will be at a low rate. Our clients will receive their funds from an attorney trust bank account with a legal opinion so our clients won’t have to deal with problems on releasing their funds with their local banks.
Consulting Service
Unlimited Support
Budget Friendly
Success Project
1. Euroclear – The Euroclear process is extremely fast, and the best part is there are no SWIFT fees. Euroclear is one of the most established financial transaction networks globally and was founded by JP Morgan in 1968.
2. Bank SWIFT – This (BG) is delivered between the two banks through SWIFT MT799 and SWIFT MT760.
3. DTCC – The Depository Trust and Clearing Corporation issues BGs that we accept. Again, through this process, there are no SWIFT fees, and this company was founded in 1999 and is seen as one of the leaders in the industry.
4. Bloomberg –The Bloomberg process is extremely fast, and there are no SWIFT fees. Bloomberg was founded in 1981 and is one of the most established financial transaction networks in the world.
Petron Energy Group Monetization services are ideal for clients looking to Discount, Monetize, or create an immediate Non-Recourse loan against a Mid Term Note (MTN) that they own. The Monetization process for Mid Term Note (MTN) issues Non Recourse funds to the Client shortly after the Mid Term Note (MTN) is delivered to the Monetizer.
Important: Our contracts also include the monetizer returning the Mid Term Note (MTN) to the original owner or Issuing bank 15 days before the Mid Term Note (MTN) expiration or after 1 calendar year (whichever the client prefers). We can also complete the Mid Term Note (MTN) transaction using Screen, Block, and Pay on the Euroclear or SWIFT Networks if requested by the client.
Monetization LTV for a Non-Recourse Loan (this loan have a lower LTV, but you don’t have to pay back):
- Loan to Value (LTV) for a Mid Term Note (MTN) of 10M to 500M – 65% Non-Recourse Loan with a Rated Bank instrument.
Monetization LTV for a Recourse Loan:
- 10M to 500M Mid Term Note (MTN) – 80% Recourse Loan with a Rated Bank instrument – This loan has an interest between 2% 7.5% per annum and can span up to ten years in length.
Note: 5 % commission is paid on Non-Recourse and Recourse Loans (Our corporation doesn’t monetize bank instruments from Non-Rated Banks).
Estimated Completion Time:
- 7 to 14 days after all documents are signed and verified or 5 to 7 Days After Instrument Delivery on the SWIFT, Euroclear, or DTCC Networks.
Loan Disbursement:
- 21 days after confirmation and authentication of the MT-760, we release the first disbursement (20% of the loan).
- 30 days after the first disbursement, we release the second disbursement (20% of the loan).
- The remaining 60% of the loan will be divided into ten (10) months and will be disbursed every 30 days after the second disbursement.