WARNING: These are scams. They are Emails sent to a honeytrap address only ever used for this purpose. Do not reply to these people, they will try to con you into paying out money in return for nothing.
CAVEAT: Please note that some of these Emails may be impersonating a genuine company or person. We wish to make it clear that any such name mentioned within these Emails has no connection to the scam. For the sake of searching, we leave these messages untouched, but we will respond to any concerns left in our comments.
From: Romilson Candido <[email protected]>
Date: Wed, 7 Mar 2018 11:09:00 +0000
Subject: Business funding, bank instruments, financial loans - USA
Dear Sir,
Our project funding program is for any client seeking project funding as non-recourse for a qualified project(s). Our cutting edge and group capital fund can be utilized for business funding. Our cash backed financial instruments such as Bank Guarantee (BG), Standby Letter of Credit (SBLC), Medium Term Note (MTN) can be engaged in a trading programme or serve as collateral to obtain loan from any bank to finance projects and can also serve as payment settlement for goods and services.
These assets can be used to raise the specific amount of money to finance signatory projects; it is temporary ownership transfer of assets, and collateral transfer agreement that will be executed between provider and beneficiary to place his assets with facilitating bank for an agreed period of time as stipulated by both parties.
The leased assets will be used for a non-recourse loan which will be secured by a pledge of collateral, such as Bank Guarantee or Standby Letter of Credit, in which the borrower is not personally liable if defaults on loan repayment. Thus, the non-recourse loan is typically limited to 50% to 60% loan-to-value (LTV) ratios, so that the collateral itself provides "over-collateralization" of the loan, which means the collateral provided must be 200% value of the project itself.
The non-recourse Loan is typically used to finance commercial real estate, corporation purchase, shipping, or other projects with high capital expenditures, long loan periods and uncertain revenue streams. It is also commonly used for stock loans and other securities-collateralized lending structures. You are able to leverage your business and investment purchase with a non-recourse loan.
Best Regards.
Rom Candido
CEO, Atlantic Funding, LLC. USA