Owned Bank Draft Monetization

Service and Instrument Description:

Recourse & Non-Recourse Loan Monetization of Owned Bank Draft for the intention of Project Funding.

We never require our clients to pay upfront fees for monetization and are only compensated when a project is completed. This is the agreement that we contractually have with our clients and the Petron Energy Group.

We can monetize this through an Owned Bank Draft and provide you with a loan 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’s trust bank account with a legal opinion, so our clients won’t have to deal with problems on the release of their funds with their local banks.

Per Bank Draft, there is 1 Monetization allowed

Bank SWIFT – Bank Draft will be delivered to the Bank using SWIFT MT110.

Bank Drafts must come from World Top 100 Banks with a minimum amount of 10 Million in USD, GBP, EUR, and the maximum amount of 500 Million.

The Monetizer must switch the owned and issuing bank at least fifteen days before the draft expires in our contracts. 

Monetization LTV:

  • 65 % Rated Bank- Non-Recourse Loan- Bank Draft Monetization. This loan has a lower LTV, but you don’t have to pay it back.
  • 80% Rated Bank- Recourse Loan- Bank Draft Monetization. This loan has an interest between 2% to 7.5% per annum and can span up to ten years in length.
01

Consulting Service

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02

Unlimited Support

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03

Budget Friendly

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Success Project

We completed 85% success project in business

Note:

  • 5% commission is paid out on all Loans.
  • Due to all the FALSE Bank Draft applications we are receiving daily. We require that all of the applications for monetization of a Bank Draft come with the business card of the bank officer who issued the Bank Draft so we can confirm the bank instrument before we pass this application to BANK compliance for monetization.

How Long Does It Take?

  • Up to two weeks after the paperwork is completed or a week after the instrument is SWIFT delivered.

Loan Disbursement:

  1. The loan is disbursed in 12 months.
  2. Once the MT-110 is authenticated, three weeks later, 20 percent of the loan will be disbursed.
  3. A month after the original disbursement, 20 percent more will be given.
  4. Finally, the last 60 percent of the loan will divide over the ten-month period and occur monthly.