LoanUniverse Community > Lenders to finance against surety bond

Full Version: Lenders to finance against surety bond

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Earthlink

Aug 29 2007, 03:55 PM

We are looking for $100mm financing against surety bond backed by investment grade asset. I Any other insights will be helpful.

Rgds
Richard

The Boss

Sep 12 2007, 09:45 AM

QUOTE(Earthlink @ Aug 29 2007, 04:55 PM)

We are looking for $100mm financing against surety bond backed by investment grade asset. I Any other insights will be helpful.

Rgds
Richard

Financing cannot be done against a surety bond. However, if you can get a letter of credit, it can be done quickly.

Larry Carpenter

Impero Commercial Lending

Sep 13 2007, 02:51 PM

QUOTE(The Boss @ Sep 12 2007, 07:45 AM)

Financing cannot be done against a surety bond. However, if you can get a letter of credit, it can be done quickly.

Larry Carpenter

I agree with Larry. If you need help with it just contact me.

Art

fenahs

Oct 29 2007, 12:13 PM

If you are still looking into this I may have an option if it is rated AA/AAA.
Let me know.
Shane

bsiegel

Dec 3 2007, 09:30 AM

Richard:

We can provide a better solution for you! If you have an investment grade asset, we can turn into cash
and fund within 10 days. Contact me for this financing solution.

Regards,

Brian Siegel

248-960-9400

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