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The Reliance Capital Finance Limited can help obtain financing, activate credit lines, provide loans against financial instruments, and monetize financial instruments.
The word Financing under a magnifying glass with terms like interest rate, loan, borrow, bank, quality, options, down payment, equity, mortgage, and collateral.
Our company can offer the most competitive terms when rendering assistance in obtaining financing for commercial transactions and various business projects. Every project that requires financing will be discussed on an individual basis. Our loans have an interest rate of 2% per annum with up to 4 years of grace and can span up to ten years in length.
To obtain debt financing, our company uses the active credit lines of our partners. We are prompt with flexible conditions financing against the most spread types of financial instruments such as:
Bank Guarantee (BG)
Standby Letters of Credit (SBLC)
Certificate of Deposit (CD)
Medium Term Note (MTN)
Bank Draft and others.
This type of financing imposes less rigid requirements to the current financial status of the client and quality of a financial project than traditional project financing.
Loans with Bank Instruments as collateral LTV:
– 10M to 500M – 45% Non-Rated Bank or 65% Rated Bank – Non-Recourse Loan
– 10M to 500M Bank Guarantee (BG) – 65% Recourse Loan with a Non-Rated Bank Instrument or 80% Recourse Loan with a Rated Bank Instrument – This loan has an interest rate of 2% per annum with up to 4 years of grace and can span up to ten years in length.
Estimated Completion Time:
– 7 to 14 days after all documents are signed and verified or 5 to 7 Days After Instrument Delivery on the SWIFT, Euroclear, or DTCC Networks.
Loan Disbursement:
1. 21 days after confirmation and authentication of the MT-760, we release the first disbursement (20% of the loan).
2. 30 days after the first disbursement, we release the second disbursement (20% of the loan).
Loan Disbursement Details:
- 30 days after the first disbursement, the second disbursement (20% of the loan) is released.
- The remaining 60% of the loan is divided into ten (10) months and is disbursed every 30 days after the second disbursement.
Notes:
- Full loan disbursement happens in 12 months.
- If a client does not have a bank instrument as collateral, Reliance Capital Finance Limited can lease one and also offer monetization.
- Reliance Capital Finance Limited can monetize a bank instrument with a minimum face value of €10M and up to €500M per tranche.
- If the client leases the instrument from Reliance Capital Finance Limited, they only need to pay the initial deposit fees, while the attorney-trustee office covers the lease cost if the loan is approved.
- Loan approval is more likely if leasing the instrument from Reliance Capital Finance Limited, but the attorney’s trustee office retains the right to approve or reject the loan.
Example: Recourse Loan Disbursement (€100M)
- Bank instrument face value: €100,000,000
- Recourse Loan disbursement (80%): €80,000,000
- Loan commission fees (5%): €4,000,000
- Total Loan Disbursement: €76,000,000
Disbursement Schedule
| Disbursement No. | Amount (€) | Timing |
| 1 | 15,200,000 | 21 days after SWIFT authentication |
| 2 | 15,200,000 | 30 days after 1st disbursement |
| 3 | 4,560,000 | 30 days after 2nd disbursement |
| 4 | 4,560,000 | 30 days after 3rd disbursement |
| 5 | 4,560,000 | 30 days after 4th disbursement |
| 6 | 4,560,000 | 30 days after 5th disbursement |
| 7 | 4,560,000 | 30 days after 6th disbursement |
| 8 | 4,560,000 | 30 days after 7th disbursement |
| 9 | 4,560,000 | 30 days after 8th disbursement |
| 10 | 4,560,000 | 30 days after 9th disbursement |
| 11 | 4,560,000 | 30 days after 10th disbursement |
| 12 | 4,560,000 | 30 days after 11th disbursement |
Example: Non-Recourse Loan Disbursement (€100M)
- Bank instrument face value: €100,000,000
- Non-Recourse Loan disbursement (65%): €65,000,000
- Loan commission fees (5%): €3,250,000
- Total Loan Disbursement: €61,750,000
Disbursement Schedule
| Disbursement No. | Amount (€) | Timing |
| 1 | 12,350,000 | 21 days after SWIFT authentication |
| 2 | 12,350,000 | 30 days after 1st disbursement |
| 3 | 3,705,000 | 30 days after 2nd disbursement |
| 4 | 3,705,000 | 30 days after 3rd disbursement |
| 5 | 3,705,000 | 30 days after 4th disbursement |
| 6 | 3,705,000 | 30 days after 5th disbursement |
| 7 | 3,705,000 | 30 days after 6th disbursement |
| 8 | 3,705,000 | 30 days after 7th disbursement |
| 9 | 3,705,000 | 30 days after 8th disbursement |
| 10 | 3,705,000 | 30 days after 9th disbursement |
| 11 | 3,705,000 | 30 days after 10th disbursement |
| 12 | 3,705,000 | 30 days after 11th disbursement |
Example: Recourse Loan (€100M) with a Reliance Capital Finance Limited-Leased Bank Instrument
- Leased Bank instrument face value: €100,000,000
- Recourse Loan disbursement LTV (80%): €80,000,000
- Loan commission fees (5%): €4,000,000
- Lease instrument cost (8+2%): €10,000,000
- Total Loan Disbursement: €66,000,000
Disbursement Schedule
| Disbursement No. | Amount (€) | Timing |
| 1 | 13,200,000 | 21 days after MT760 authentication |
| 2 | 13,200,000 | 30 days after 1st disbursement |
| 3 | 3,960,000 | 30 days after 2nd disbursement |
| 4 | 3,960,000 | 30 days after 3rd disbursement |
| 5 | 3,960,000 | 30 days after 4th disbursement |
| 6 | 3,960,000 | 30 days after 5th disbursement |
| 7 | 3,960,000 | 30 days after 6th disbursement |
| 8 | 3,960,000 | 30 days after 7th disbursement |
| 9 | 3,960,000 | 30 days after 8th disbursement |
| 10 | 3,960,000 | 30 days after 9th disbursement |
| 11 | 3,960,000 | 30 days after 10th disbursement |
| 12 | 3,960,000 | 30 days after 11th disbursement |
Example: Non-Recourse Loan (€100M) with a Reliance Capital Finance Limited-Leased Bank Instrument
- Leased Bank instrument face value: €100,000,000
- Non-Recourse Loan disbursement LTV (65%): €65,000,000
- Loan commission fees (5%): €3,250,000
- Lease instrument cost (8+2%): €10,000,000
- Total Loan Disbursement: €51,750,000
Disbursement Schedule
| Disbursement No. | Amount (€) | Timing |
| 1 | 10,350,000 | 21 days after MT760 authentication |
| 2 | 10,350,000 | 30 days after 1st disbursement |
| 3 | 3,105,000 | 30 days after 2nd disbursement |
| 4 | 3,105,000 | 30 days after 3rd disbursement |
| 5 | 3,105,000 | 30 days after 4th disbursement |
| 6 | 3,105,000 | 30 days after 5th disbursement |
| 7 | 3,105,000 | 30 days after 6th disbursement |
| 8 | 3,105,000 | 30 days after 7th disbursement |
| 9 | 3,105,000 | 30 days after 8th disbursement |
| 10 | 3,105,000 | 30 days after 9th disbursement |
| 11 | 3,105,000 | 30 days after 10th disbursement |
| 12 | 3,105,000 | 30 days after 11th disbursement |