OUR NON-RECOURSE LOAN FUNDING PROCEDURE:
1. The Lender shall carry our Financial, Corporate and Due diligence investigations on the Borrower’s company after the successful investigation and confirmation of the authenticity Borrower’s company/ identification by our legal department, the Lender and Borrower execute, sign and initiate this Deed of Agreement, which thereby automatically becomes a full commercial contract to be lodge by both party’s initiation of Swift Transmission.
2. Within Three (3) Banking Days after the Legal department has successful verified the authenticity of the Borrower’s document, our financial department shall send a copy of Letter of Intent to Complete, Sign and Stamp.
3. Within Two (2) Banking Days after the financial department has received and Confirm the Borrower’s sign and stamp Letter of Intent, Lender will issue a copy of Signed Contract to the Borrower to Complete and stamp then send back Countersigned to the Borrower to complete contract.
4. Within One (1) Banking day after the Lender receives from the Borrower, the Countersigned Contract, The Lender will send a copy of Advance payment guarantee APG or payment refund guarantee PRG that will duly be signed and stamped by the lender’s bank which guarantees that any delay or default from the Lender side, on Borrower’s first request to our bank any payment made in advance will be refunded along with 5% penalty fees and the signed and seal Payment Invoice. The Borrower will make only 30% payment of the Bank Transmission, Administrative & Handling charges for the Non-Recourse Loan via Swift MT103 by direct wire transfer into the Lender’s provided Banking.
5. Within Three (3) banking days after confirmation of receipt of payment for 30% of the Bank Transmission, Administrative & Handling charges for the Non-Recourse Loan via Swift MT103 in Lender’s nominated bank account, the Lender will deliver Non-Recourse Loan (Cash Loan) via Swift MT103 to the Borrower’s Provided Bank Account.
6. Borrower sends out leasing fees 5% LTV per annul by Swift MT103 to the Lender’s nominated Bank account with the initially 70% balance of Bank Transmission, Administrative & Handling charges by wire transfer within Five (5) Banking days upon delivery and confirmation of the Non-Recourse Loan via Swift MT103 in the Borrower’s nominated Bank account.
7. Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.
8. The 5% LTV will only be paid for 10 years and after which the Loan becomes Non-Recourse.
NOTE: You are only to pay in advance 30% of the required processing fees in order to complete and successfully acquire the loan from our financial institution.
If you wish to proceed It is required under Hong Kong KYC Laws for the Legal Department for CHINA FINANCE (WORLDWIDE) LIMITED, Hong Kong to verify your identity, carry out some investigations and confirm your home or office address, for the appropriate verification/investigation exercise to be carried out, the following Document will be needed and to be send to our Legal Department encrypted and secured E-mail legal@financeworldwideltd.com
l. a copy of your International Passport
ll. a copy of any government document containing your residential/office address. Example any Utility bill such as water bill, electricity bill etc… as proof of address.
lll. a copy of this transaction procedures signed and stamped by you that you have accepted to proceed.
lV. a copy of bank statement valid within the last three months
Vl. a copy the analyzation of your Business details or plan
Vll. a copy of loan application letter
Vlll. a copy of certificate of incorporation
WHY APPLY FOR LOAN WITH CHINA FINANCE (WORLDWIDE) LIMITED
1). Guarantee: We guarantee the ultimate successful Funding of your Projects. In the case of fail, we return 100% of the swift Fee Paid with 5% penalty fee.
2). Speed: It takes up to 5-10 business days to fund your Project.
3). Reliability: Trust is important for us. We fund entrepreneurs to run their businesses successfully already since 2008.
4). Experience: Our experienced professionals will consult you about all the steps that should be done after contacting our Legal Department. We have developed and time-tested approaches for all the operations.
5). No risk: The Advance payment guarantee APG or payment refund guarantee PRG will be duly signed and stamped by the Lender’s bank which means the Fee is 100% secured, we are helping our clients get funded with minimum cost.
6). Insurance: Set up insurance right for you and your business and We help client insure their projects, even if their projects fails, they have no worries as the insurance company covers the Loss.