INTERNATIONAL PROJECT FUNDING

INTERNATIONAL LOANS WITH BANK GUARANTEE (AS A STANDBY LETTER OF CREDIT)

Asset Capital Finance in association with investment bankers specializes in structuring, syndicating, and arranging international loans in U.S. Dollars on favorable terms. Minimum loan amount per single request is $1,000,000 US (ONE MILLION USD), and maximum is $400,000,000 US (FOUR HUNDRED MILLION USD). Term of loan ranges from 3 to 12 years subject to negotiation. The interest rate is based on LIBOR (London Interbank Offered Rate) plus a "margin" for the country risk.

LIBOR is the base rate within the banking communities to lend money to borrowers. A margin is added on top of LIBOR.

LIBOR rate fluctuates from time to time based on market movement.

Margin rate depends on the country risks which means political and economical stability of a borrower/country. The more stable is a country, the less is the risk, so, the lower is the margin added to LIBOR.

LIBOR and margin put together become the interest rate charged to a borrower.

Term of loan depends on the country risks. The greater is the stability, the longer is the term granted.

All loans must be guaranteed by a reputable bank or insurance company.

In order for a lending bank to approve a loan, the lending bank must first know who is going to be the guarantor bank. Guarantor bank must be to the satisfaction of the lending bank before it will consider a loan. . In order to let the lending bank know who is going to be the guarantor bank, a borrower must get his bank to issue him a Letter of Intent to Guarantee (as a Standby Letter of Credit). Intent is not a formal guarantee at this moment. It is a Pre-Advice to issue a guarantee covering the loan amount,and its annual interest. The formal guarantee would be issued when the lending bank first sends a communication to the guarantor bank confirming release of funds against receipt of a formal guarantee (as Standby Letter of Credit).

Once borrower's bank has issued to him a Letter of Intent, the lending bank would start processing the loan request, put funds together, and confirm to the guarantor bank that it is ready to release the funds against receipt of the formal guarantee.

There are other documents to be completed by the borrower which we shall advise, but if bank's Letter of Intent is not obtainable by the borrower, there is no need to process other documents. If, on the other hand, borrower 's bank issues its Letter of Intent to guarantee(As a Standby Letter of Credit),we shall then advise the borrower to prepare other professional loan documents which would lead to successful conclusion of a transaction within ten (10) clear international banking days after completion of those documents.

The intermediaries who contribute to the success of a loan transaction earn a commission, percentage of which will be agreed upon by the borrower in advance in a Fee-Agreement with original copy sent to the Closing Bank authorizing it to disburse the agreed amount to each individual concerned at the same moment loan is closed