05/25/2013– NEW BANK GUARANTEE PLATFORM TAKES CENTRE STAGE AT RADY CASH

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NEW BANK GUARANTEE PLATFORM TAKES CENTRE STAGE AT RADY CASH

by Max DeeMay 5, 2012

If a client has the capability to arrange project finance, but does not have the collateral to support the loan Rady Cash can now arrange the co-lateral in the form of cash-backed bank guarantee.

How is this achieved?



A bank guarantee is pre-issued to the lender for approximately 111% of the loan capital
value. This is to provide loan capital at 90% of the value of the bank guarantee.
The loan capital value is transferred to the bank guarantee provider.
The bank guarantee provider will contract to undertake one of two procedures:
The agreed project value is paid to the client.
The lender retains the bank guarantee until maturity in consideration for repayment of the loan together with interest and costs.

The agreed project value is paid to the client.
The bank guarantee provider pays the
lender the loan value and agreed interest and costs over an agreed period.
The lender returns the bank guarantee to the bank guarantee provider after payment of the loan,interest and costs.
The project costs will be paid in equal monthly instalments.
The payment schedule will be dependent upon the value of the loan.
The first payment should be made within 60 days of the receipt of the loan capital by the bank guarantee provider.
For more information visit: www.radycash.com
Contact:

Telephone: +447904525887
Email: info@radycash.com Skype: Radycash

News Source: http://www.free-press-release.com/news-new-bank-guarantee-platform-takes-centre-stage-at-rady-cash-1336254545.html

Official Website: http://www.radycash.com

Contact Information

Name: Max Dee
Company:RADY CASH ROJECT FINANCE
Email:
Website:http://www.radycash.com

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