No Risk Lease Procedures

Please select one of the buttons below specific to your inquiry whether for Bank Instruments or a Private Placement Program procedures.

Bank Instrument Lease Procedures

  • Go to the Donend Financial Instruments Limited Contact Page and click on “Bank Instrument Contact Form”, fill in, and  Submit
  • Within 24 hours a representative will contact you by phone or email to discuss your inquiry, services available, and fees.
  • Receive an Application and return with business articles, copies of Resolution, picture identification, bank statements, etc
  • Buyer requirements is established, Provider/Seller draws up contracts and both parties (Provider and Client) will lodge the executed contract to their respective banks.
  • Provider/Seller will send bank form and Facilitation Agreement to Buyer to fill and sign and retune back to Seller to issue and deliver successfully by SWIFT the bank instrument from the Issuing Bank
  • Client executes the Facilitation agreement and wires Bank Transmission fees.
  • Upon confirmation of Transmission fees/charges by Issuing bank; Issuing Bank will send to the Client’s Receiving Bank an MT799 or RWA letter confirming that they are ready, willing, and able to proceed with issuing the MT760 bank instrument.
  • Client’s Bank will reply by email to Issuing Bank confirming that they are ready to proceed and confirm their SWIFT Coordinates;
  • Issuing Bank will transmit the SWIFT MT760 bank instrument, per the approved “Sample Verbiage” submitted by the Client/Buyer to Provider/Seller.
  • Upon successful transmission, confirmation of receipt, and acceptance of the SWIFT MT760 by the Client/Buyer’s Bank, Provider/Seller will give Buyer 5Banking days to pay Seller total fees and broker fees

In order to monetise a SBLC (SBLC Monetisation) you must be in possession of the instrument and it must be paid for prior to monetizing (Prior to requesting monetisation).

Auban Finance Limited has developed relationships with some of the Top 25 AAA+ rated banks in the world to Monetise Bank Instruments for clients worldwide by arranging the monetisation against owned bank instruments such as BG’s (Bank Guarantees), LOC’s (Letter of Credit), SBLC’s (Standby Letter of Credit), CD’s (Certificate of Deposit), DPLC’s (Direct Pay Letter of Credit) and other banking and financial instruments.

This form of financing can be used in combination with our cash backed stand by letter of credit (SBLC) or Bank Guarantee (BG) Program in order to monetise the newly created document to obtain the right funds for project financing.

Monetising bank instruments is the process of liquidating such instruments by converting them into legal tender. We can monetise or lend on just about any bank instrument to be used for project funding, move them into various trading platforms quickly and easily, as well as creatively incorporating them into financing certain development projects. We can monetise CD’s, SBLC’s, DPLC’s, BG’s and MTN’s. This can be accomplished in 5-14 business days.

Monetising a SBLC or stand by letter of credit is becoming rather common and can be done in as little as 4-7 days.  Many people refer to this as SBLC funding or SBLC financing since you are essentially obtaining cash on the basis of the SBLC or bank guarantee.

This process allows you to:

I.            Monetize instruments for cash

II.            Monetize instruments for buy/sell platform entry

III.            Monetize instruments for both cash and buy/sell platform entry

SBLC Monetising Program Highlights

$50 Million to $2 Billion USD or EUR

The letter must be from an A or AA rated bank.

Must contain the following 5 phrases:  ”Irrevocable”, “divisible”, “transferable”, “assignable” and “unrestricted”.

1-3 year term

Interest only loan

300-450 basis pts over prime rate

Bank fees apply

1-3% of advanced amount required to be as proof of funds as verified by a bank officer.

5-8 day closing

85-97% of face value advance

SBLC/BG $50 Million and above Program Highlights

The letter must be from an A or AA rated bank.

Must contain the following 5 phrases:  ”Irrevocable”, “divisible”, “transferable”, “assignable” and “unrestricted”.

1-3 year term

Interest only loan

300-450 basis pts over prime rate

Bank fees apply

$30-50k required to be as proof of funds as verified by a bank officer.

5-8 day closing

85-97% of face value advance

Case Study-SBLC Monetising or SBLC Monetisation:

If you lease a bank guarantee or SBLCwe can help.  In this case study the client needs $25,000,000 to secure the purchase of land needed for a project.  Client has a Cash Backed SBLC from Deutsche Bank, an AA rated bank.  Client submits SBLC for monetisation and gets 97% of the SBLC’s face value minus bank fees of $44k.  Terms: 2 year, interest only, 6.75%.  Closing time: 4 days.

Private Placement Program Procedures

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