is designed for clients who prefer to keep their money deposits in their bank account and block or admin hold of the funds in a favor of the Funder, upon the blocked funds the Funder will obtain credit/loan facility.
With said credit/loan facility the client can participate in one of our Alternative Investments and/or Investment on projects and/or Private Structured Placement Program and/or as equity for leverage to senior debit.
This type of action creates opportunities for the investor/client, continue to make profits on his own funds in his bank account and to get more profits from that investment.
The client will deposit the funds as collateral in his bank account for the favor of the Funder via Swift MT799 or MT760 Blocked Funds.
In order to get an offer to Fund the Blocked Funds, the following documents need to be submitted for review and due diligence:
* Application/Letter of Request.
* KYC on Corporations letterhead.
* Proof of Funds (POF), AML.
Once the full package submitted, the M.G Capital Compliance to review, within about five business days, on green lite and decided to continue the process, the client accepts the offer of funding, the procedure, and schedules for performance.
The funder responds with a delivery of a non-binding Term Sheet.
After the client reviewed the Term Sheet and shared with his bank, which must be signed and if possible stamped as “Acknowledgment” by the bank.
The process is bank to bank basis.
*** In heaven forbid which were allegedly forging documents or attempt of fraud, the company is obligated under law to notify the authorities, which could result in a criminal investigation as well as entry to the blacklist.