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Looking for bg

  • Sourcing Country:IndiaIndia
  • Required Quantity: Ask From Buyer
  • Posted Date:29 Jul 2025
  • Expiry Date:18 Jan 2026
  • Buyer Name: avinash
  • Usage:
    Ask From Buyer
  • Buying Frequency: One Time
  • Approx Order Value:
    Ask From Buyer
  • Quotations Received: 2 Quotes
  • FOB Price:
    Ask From Buyer
  • Time Left: 163 Days
  • Shipping Terms:
    Ask From Buyer
  • Payment Terms: T/T, LC, D/P, PayPal, Western Union
  • Preferred Supplier Country:ChinaChina

RFQ Description

SirWe (contact4finance at gmailcom)have Clients looking for Funding on long termsbasis against their following Projects :.Project # 1 : Solar Module Manufacturing Project - $ 44M (India)Project # 2 : Silica Manufacturing Project with Rice Husk - $ 30M (India)Project # 3 : We are also looking for funds up to $ 6M (US Dollars six million) for manufacturing and processing of Food Products in India.. When submitting your offer for Project Funding please answer and clarify following queries :1.Advise which documents you would need.Send formats to be filled, signed and returned to you2.Can you give you detailed terms so as to enable us to arrange for requisite documents.3. Also advise what is minimum and maximum amount you can provide ?4. For what maximum Period you will provide Loan ?5. What would be rate of Interest ?6. Is interest to be paid on yearly basis or you can accept bullet payment i. e Principal and Interest amount repatriated together at the end of maturity. 7. Kindly advise what type of Collateral you would need ? (8) Will you arrange funding against collateral of your choice including Insurance coverage or Bonds and agree to borne the charges on your own and debit the charges from the Loan amount at the time of disbursement of Loan. You may also debit your commission and any other charges (as to be mutually agreed) from the Loan amount at the time of disbursement of Loan. (9) What would be charges for Insurance and or Bonds and or any other collateral to be used by you ? Are these (said charges) to be paid one time and or every year till tenure of loan period ? (Hope same will be arranged by you and charges debited to Borrowers Account) In case of any changes advise to us accordingly. 10. In case you want the Client to arrange Collateral then in such case BG or any other Bank Instrument including Insurance Cover and or Bonds will NOT be provided first. Client(s) may first provide BCL wherein Bank would confirm that they are RWA to release MT 760 after receiving confirmation on B2B basis via MT 799 from Funding Entity stating that they are RWA to send MT 103 upon receiving MT 760. Only thereafter BG would be released. Accordingly charges for covering Insurance or Bonds will be paid by Clients upon receiving B2B confirmation from Funding Entity stating that they are RWA to release funds (within EIGHT days) upon receiving the requisite Insurance Receipt. . (11) NOTE : If client has BG in hand he would go for Monetization and get non recourse funding and there would be no need of paying any interest + he would get the instrument back on maturity without any liens or encumbrances.

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