Project Finance

Project Finance

The issues

If you are a manufacturer seeking to close an international deal, you know how painful would be a failed deal.

On the other hand if you are an international buyer seeking financing to close a deal, you also know the pain of being turned down by your bank or financier.

In both cases, the problem is the same: the borrower is not able to guarantee repayment of the financing.

A standard, low documentation, loan application includes but not limited to the following:

a. an updated credit report issued by an international institution
b. financial statements for the last 3 years
c. an audited financial statement for the current year by an international institution
d. a plan for the repayment of the debt, including source of funds, in other words, where the money will come from.

NOTE: If the funds will come from companies affiliated with the borrower, each company must submit the documents referred to in paragraphs (b), (c) and (d), attached to the loan application of the borrower.

Approximately two thirds of international borrowers were not able to satisfy these basic bank requirements in 2010.

Remedies

In addition to traditional financial institutions, nearly every government has funding programs for projects oriented to satisfy certain needs or reach certain goals in their country. In order to qualify, buyers or borrowers have to demonstrate that their projects are either self sustainable or highly profitable, and the goods to be purchased or imported are essential to said projects, a task that could be very costly and time consuming without the help of IMFAP.

With IMFAP, international buyers or borrowers receive the help needed to qualify for government-backed funding programs and also for funding with traditional financial institutions.

IMFAP gives to manufacturers, suppliers and exporters the opportunity to help their international buyers qualify for funding. If you want to generate more sales and more profits for your business, subscribe to IMFAP now. Click on IMFAP and follow the instructions. Satisfaction Guaranteed!

IMFAP is the solution to your project finance problem

Whether your are a manufacturer, supplier and exporter willing to sell but unable to get your client qualified for financing, or an international buyer unable to satisfy the requirement of your bank, the answer is the same: IMFAP