{"id":2073,"date":"2022-12-14T17:43:36","date_gmt":"2022-12-14T17:43:36","guid":{"rendered":"https:\/\/pitcapitalcorp.com\/?page_id=2073"},"modified":"2022-12-14T17:51:05","modified_gmt":"2022-12-14T17:51:05","slug":"non-recourse-loan","status":"publish","type":"page","link":"https:\/\/pitcapitalcorp.com\/index.php\/non-recourse-loan\/","title":{"rendered":"Non-Recourse Loan"},"content":{"rendered":"\t\t
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We are currently offering a Non-Recourse Loan against a Bank Guarantee (BG\/SBLC) as collateral with our Monetization Program. The Program allows you to generate Investments Funds which can be used for trade finance, constructions, credit enhancement, government funding, property investment and all-round range of funding. We can provide 100% LTV Non-recourse loan with our BG Leased Monetization Program. Find below Our Transactional Procedures and Bank Transmission charges for the Delivery of our Cash Loan from our financial institution.<\/span>\u00a0<\/span><\/p>

TRANSACTION PROCEDURE:\u00a0<\/strong><\/p>

  1. The Lender shall carry our Financial, Corporate and Due diligence investigations on the Borrower\u2019s company after the successful investigation and confirmation of the authenticity Borrower\u2019s company\/ identification by our legal department, the Lender and Borrower execute, sign and initiate this Deed of Agreement, which thereby automatically becomes a full commercial recourse contract to be lodge by both parties initiation of Swift Transmission.<\/span>\u00a0<\/span><\/li><\/ol>
    1. Within Three (3) Banking Days after the Legal department has successful verified the authenticity of the Borrower\u2019s document, Our financial department shall send a copy of Letter Of Intent to Complete, Sign and Stamp.<\/span>\u00a0<\/span><\/li><\/ol>
      1. Within Two (2) Banking Days after the financial department has received and Confirm the Borrower\u2019s sign and stamp Letter of Intent, Lender will issue a copy of Signed Contract to the Borrower to Complete and stamp then send back Countersigned to the Borrower to complete contract.<\/span>\u00a0<\/span><\/li><\/ol>
        1. Within One (1) Banking day after the Lender receives from the Borrower, the Countersigned Contract, The Lender will send a copy of Advance payment guarantee APG or payment refund guarantee PRG that will be duly be signed and stamped by the lender\u2019s bank which guarantees that any delay or default from the Lender side, on Borrower\u2019s first request to our bank any payment made in advance will be refunded along with 1% penalty fees and the signed and seal Payment Invoice. The Borrower will make only 50% payment of the Bank Transmission, Administrative & Handling charges for the Non-Recourse Loan via Swift MT103 by direct wire transfer into the Lender\u2019s provided Banking .<\/span>\u00a0<\/span><\/li><\/ol>
          1. Within Three (3) banking days after confirmation of receipt of payment for 50% of the Bank Transmission, Administrative & Handling charges for the Non-Recourse Loan via Swift MT103 in Lender\u2019s nominated bank account, the Lender will deliver Non-Recourse Loan (Cash Loan) via Swift MT103 to the Borrower\u2019s Provided Bank Account.<\/span>\u00a0<\/span><\/li><\/ol>
            1. Borrower sends out leasing fees 5% LTV per annul by Swift MT103 to the Lender\u2019s nominated Bank account with the initially 50% balance of Bank Transmission, Administrative & Handling charges by wire transfer within Five (5) Banking days upon delivery and confirmation of the Non-Recourse Loan via Swift MT103 in the Borrower\u2019s nominated Bank account.<\/span>\u00a0<\/span><\/li><\/ol>
              1. Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.<\/span>\u00a0<\/span><\/li><\/ol>
                1. The 5% LTV will only be paid for 10 years and after which the Loan becomes Non-Recourse.\u00a0<\/span>NOTE:<\/span><\/b>\u00a0You are only to pay in advance\u00a0<\/span>50%<\/span><\/b>\u00a0of the required processing fees in order to complete and successfully acquire the loan from our financial institution.<\/span>\u00a0<\/span><\/li><\/ol>

                  1).\u00a0<\/span>Guarantee<\/span><\/b>: We guarantee the ultimate successful Funding of your Projects. In the case of fail, we return 100% of the swift Fee Paid with 1% penalty fee.<\/span>\u00a0<\/span><\/p>

                  2).\u00a0<\/span>Speed<\/span><\/b>: It takes up to 5-10 business days to fund your Project.<\/span>\u00a0<\/span><\/p>

                  3).\u00a0<\/span>Reliability<\/span><\/b>: Trust is important for us. We fund entrepreneurs to run their businesses successfully already since 2012.<\/span>\u00a0<\/span><\/p>

                  4).\u00a0<\/span>Experience<\/span><\/b>: Our experienced professionals will consult you about all the steps that should be done after contacting our Legal Department. We have developed and time-tested approaches for all the operations.<\/span>\u00a0<\/span><\/p>

                  5).\u00a0<\/span>No risk<\/span><\/b>: The Advance payment guarantee APG or payment refund guarantee PRG will be duly signed and stamped by the Lender\u2019s bank which means the Fee is 100% secured, we are helping our clients get funded with minimum cost.<\/span>\u00a0<\/span><\/p>

                  6).\u00a0<\/span>Insurance<\/span><\/b>: Set up insurance right for you and your business and We help client insure their projects, even if their projects fails, they have no worries as the insurance company covers the Loss. If you have any questions kindly visit our website or email us.\u00a0<\/span>\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

                  We are currently offering a Non-Recourse Loan against a Bank Guarantee (BG\/SBLC) as collateral with our Monetization Program. The Program allows you to generate Investments Funds which can be used for trade finance, constructions, credit enhancement, government funding, property investment and all-round range of funding. We can provide 100% LTV Non-recourse loan with our BG […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"zakra_page_container_layout":"customizer","zakra_page_sidebar_layout":"customizer","zakra_remove_content_margin":false,"zakra_sidebar":"customizer","zakra_transparent_header":"customizer","zakra_logo":0,"zakra_main_header_style":"default","zakra_menu_item_color":"","zakra_menu_item_hover_color":"","zakra_menu_item_active_color":"","zakra_menu_active_style":"","zakra_page_header":true,"footnotes":""},"class_list":["post-2073","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/comments?post=2073"}],"version-history":[{"count":5,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2073\/revisions"}],"predecessor-version":[{"id":2086,"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/pages\/2073\/revisions\/2086"}],"wp:attachment":[{"href":"https:\/\/pitcapitalcorp.com\/index.php\/wp-json\/wp\/v2\/media?parent=2073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}