Alternative Short Term Loans

If you do not have property or equipment to utilise as security for a short term/bridging loan we may be able to secure the funds you require utilising alternative assets such as:

“Standby Letters of Credit”

Standby Letters of Credit (SBLC) are where you lease the SBLC from one lender at an annual cost of about 12% - 17% p.a. and make the short-term lender the beneficiary of the SBLC (No fees payable until SBLC confirmed ready for delivery).

The short-term lender will retain the SBLC for the term of the loan and charge an annual interest of about 6% - 7% p.a.

There will be application fees of between $15,000 - $25,000 and commitment fees and exit fees of between 1.25% - 3.5% each

The minimum SBLC value is $10m

Quoted Stocks and Shares

We have the facility to fund against the value of quoted stocks and share that are quoted on any International exchange, for example Oslo Bors, London, New York, or Frankfurt Stock exchanges etc.

Stock/Share Unrestricted or Restricted, must have a “Ticker No” and freely traded.

Minimum value of stack/share portfolio is $500,000.

Contact us for further details

enquiries@icabf.com