Bank Instruments which may be used as collateral

"Transparency is Critical"

We have the ability to contract for the issuance of bank guarantees to be issued by globally recognized banks.  These instruments are strong due to the fact that they are issued in the name of our client as beneficiary and are fully lienable, callable, transferable and assignable which allow them to be used as primary collateral for a credit facility and/or transaction.  An additional benefit of working with Proof of Funds, LLC is transparency. Your transaction or project's detailed financial valuation has to be underwritten, the debt service coverage ratio should be within the industry average at loan terms including bank instrument banking charges.  Once approved then your bank will be involved in discussions with the underwriters and the issuing bank.