" S H O W   &   T E L L "
Sometimes referred to as "Proof of Funds"

This facility is named after the London banking fraternity's nick-name for a form of facility designed to provide evidence of funding capabilities to satisfy sceptical or difficult vendors where, even though evidence of capital is required there no requirement to make direct use of it. This situation generally arises as a result of favourable settlement dates within back-to-back, buy/sell arrangements. Care should be taken in the use of this facility as it could, in some jurisdictions, be contrary to accepted or legal practice.

Our funders are happy to provide a bespoke arrangement whereby very substantial capital sums can be evidenced for a short periods, typically 30 -40 days. Rolling facilities are available via a monthly renewal option with commitments from the facility provider to renew up to one year.

The fee charged will be very dependent upon the nature of the arrangements, the amount involved, the required form of documentation and the lead time.

Please note that this facility is not suitable in cases where it is proposed to represent the proven funds as security or collateral for a loan or any other position whereby the funds are to be represented in a way that hides the true nature of the position. It is the Applicant's responsibility to ensure that this situation does not arise.

General Outline Terms and Conditions

Capital Sum Limits: From $10 - 200 million. Larger sums are available but will be syndicated between a panel of funding sources.

Term and Renewals: As required but generally in 30 - 45 day increments depending upon amount and overall structure.

Setting-up and Renewal Fees: Negotiable depending upon amount. See Facilities (1) - (5) in the "Short Summary". Renewal fees are by negotiation.

Instalments: Not available for this facility, all setting-up fees must be paid in full on closure. Renewal fees to be paid not less than 5 working days prior to the renewal date.

OWN  BANK ACCOUNT FACILITY  FOR  ADVANCED  "SHOW AND  TELL"  SITUATIONS

As an alternative to the above facility we are able to offer the setting-up of a fully-funded bank current account in your own name. Cash risk and movement control will remain with the funder but all other aspects will be under your signature. You will have unrestricted access to the account documentation at the bank and will be able to acquire bank statements on-line at any time without limit. The funder will either require a participation in your venture or a fixed facility fee (their choice). In either case a setting-up fee will be required. For fees, see Facility (4) in "Short Summary".