Financial instrument Backed Financing, (FBF)

Features:
  1. Minimum amount: $20,000,000.00 USD 
  2. Annual interest rate: 6,99%
  3. Maturity: 10 years or more
  4. Grace period: 12 months
  5. Service fees: 5% of the financing or face value of the instrument.
  6. Processing time: 45 business days minimum
Eligibility:
    1. Viability of the project
    2. The Financial instrument must be cash backed, freely transferable, assignable, callable, irrevocable, and issued by a bank rated A, AA, AAA from any of the following jurisdictions: Canada, USA, Hong Kong, and any Country in the Western Europe.
    3. Subscription to appropriate insurance.
    4. Additional guarantees and/or ownership in the financed project or business.
    5. The Company representative must be at least 21 years old with clean criminal record.
Effective February 28th, 2023.