We are looking a freelance or partime Business Loan Agent to help us to approach the business owner who need get loan for their business.
A very attractive commission is waiting for you.All commission payout is in USD.As well as the loan amount.
You job is very simple.Just do the pre-sales, i will help to close the sales.
Take this opportunity to be my team member
The commission is very attractive ...
0.25% of the loan amount.The loan process requirement by the financial institute is very simple compare the local bank. Don't worry this is not ALONG Business.
For more info please call me at 0122707110 (Edmund)or email to me keankeap@gmail.com or msn me keankeap@hotmail.com
About us
Commercial International Business Financing was established in 2003 as a Financing Organization securing loans for Commercial Businesses through financing Companies registered with us.
We eliminate agents, brokers or middle man charging high advance or processing fees.
We believe that when a person needing a loan should not be burdened by paying an advance, deposit or even high processing fee.
Why must a person pay such fees when needing financial assistance?
With our no upfront fee collection policy, we have loyal clients who have been introducing new customers to us.
We work on one common ground that is to secure loans for strangers, clients or people who recommend clients who were happy with our services.
Trust is the most important ingredient in our Organization. We trust you and your client trust you.
By working together, we can build this trust and engage on a long term relationship.
Business all over Europe, America and other leading countries have been stagnant since 2005 due to high cost of operation.
We have secured more than 4000 loans in these countries and have slowed down due to poor repayment from existing clients.
With the progressive economic growth of the Asian Countries, we are looking at increasing our customer base for financing.
We have an incentive package for Asian clients when they get financing through us.
We have over 100 clients from Asia with minimal repayment problems.
We are interested to work with people who are serious to earn a high income by introducing new clients to us for financing in Asia.
Those who are interested to work with us will be given free membership fee for 2 years.
The successful members will join the ‘Million Dollar Club’ when they earn commissions over one million dollars within 2 years.
The membership fee to join this club will be sponsored by us.
Frequently Asked Questions
1.Who is CIBF?
A. CIBF is a 'financing Organization' helping clients to attain loan/s directly from financing Institutions.
2.What is the minimal requirement to get a loan?
A. Two major factors are your business must be in a commercial premises and your exit plan (how much can you pay back and for how long?)
3. Is there any hidden charges that we must pay?
A. No, there are no hidden charges to pay CIBF.
4. Will our personal details, business plans and other confidential information be protected?
A. Under the Organization act, all personal details and confidential information will be protected from being leaked out. An agreement will be made between CIBF and the client to protect the confidential information before releasing documents to the financier. If such information found circulated or sold to a third party, ‘CIBF’ will act on behalf of the client (the borrower) to claim three times the damages amounting to the proposed financing figure.
5. How much does the financing Company deduct for a business loan?
A. There will be a legal fee and stamp charges. The fee will be 1.5% of the loan amount. This fee applies to loans exceeding 500,000 USD. All charges will be stated on the agreement. The fees will be deducted form the loan amount before wire transfer.
6. What is wire transfer? Is it legal?
A. Wire transfer ‘means’ debit transfer into your account. Yes! it is legal.
7. If I am borrowing $2,000,000 and wire transferred to my account. Will I be taxed?
A. Some countries welcome large amounts to come in. As a protection against being taxed, the financier will prepare invoices as purchasing products and so on. If your bank queries the large amount, the invoices will act as goods purchased with cargo details specified.
8. Is there any other deductions from my business loan?
A. Yes! The financing company will deduct a finder fee (less than 2,000 USD) and wire transfer at the same time to our Organization account.
9. Will we be notified about the deductions?
A. Every information will be transparent and will be notified to you before deductions.
10. What happens when we cannot pay the loan?
A. If under any circumstances you are unable to pay the loan, ask to increase financing.
11. What if we really cannot pay the loan?
A. The person who applied the loan will be blacklisted Internationally and will never get International financing again.
12. Is the financing legal?
A. The financing companies are licensed lenders and are recognized Internationally.
13. Who are private lenders?
A. Private lenders are individual Corporate Companies who lend small amounts to clients. Some of the companies share one financing license. The interest rates are between 3-6% with shorter repayment periods from 2 to 15 years.
14. What happens when we borrow from a private lender and unable to pay?
A. You can ask them to for another loan and if you still cannot pay, you will be blacklisted borrowing from International lender’s.
15. Can the financing company sue us for bankruptcy?
A. Loans not exceeding 10 million will be Internationally blacklisted. Loans above 10 million will be sued for assets and bankruptcy.
16. What is the chance of me getting a Business loan in Asia?
A. Business loans below 1,000,000 USD will be considered as the loan interest is low and will rely based on your application details. Loans exceeding 1,000,000 USD will be evaluated according to your business income status and repayment.
17. Why is the loan easier to get than a bank loan?
A. These loans are from Private corporate companies who lend in small amounts and earn an interest rate of 3-6% per annum. This income increases the revenue and the interest earned is used to finance new customers. Even with some defaulters, they can cover their losses than being pre- taxed on a monthly basis for cash idling in their corporate accounts.
How to Apply
1. Company must be 1 years old minimum
2. Prepare business plan.
3. The company must be in commercial building
4. Photocopy of Company Bank Statement.
5. Photo of the company premises.
SAMPLE OF LOAN AGREEMENT
LOAN AND SECURITY AGREEMENT
THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of the Effective Date between SILICON VALLEY BANK, a California corporation (“Bank”), and DANGER, INC., a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank. The parties agree as follows:
1 ACCOUNTING AND OTHER TERMS
Accounting terms not defined in this Agreement shall be construed following GAAP. Calculations and determinations must be made following GAAP. Capitalized terms not otherwise defined in this Agreement shall have the meanings set forth in Section 13. All other terms contained in this Agreement, unless otherwise indicated, shall have the meaning provided by the Code to the extent such terms are defined therein.
2 LOAN AND TERMS OF PAYMENT
2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.
2.1.1 Revolving Advances.
(a) Availability. Subject to the terms and conditions of this Agreement, Bank shall make Advances not exceeding the Availability Amount. Amounts borrowed hereunder may be repaid and, prior to the Revolving Line Maturity Date, reborrowed, subject to the applicable terms and conditions precedent herein.
(b) Termination; Repayment. The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.
2.1.2 Letters of Credit Sublimit.
(a) As part of the Revolving Line, Bank shall issue or have issued Letters of Credit for Borrower’s account. Such aggregate amounts utilized hereunder shall at all times reduce the amount otherwise available for Advances under the Revolving Line. The aggregate amount available to be used for the issuance of Letters of Credit may not exceed (i) the lesser of (A) the Revolving Line or (B) One Million Dollars ($1,000,000) plus the Borrowing Base, minus (ii) the outstanding principal amount of any Advances (including any amounts used for Cash Management Services and the face amount of any outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit and any Letter of Credit Reserve) and minus (iii) the FX Reserve. If, on the Revolving Line Maturity Date, there are any outstanding Letters of Credit, then on such date Borrower shall provide to Bank cash collateral in an amount equal to one hundred five percent (105%) of the face amount of all such Letters of Credit plus all interest, fees, and costs due or to become due in connection therewith (as estimated by Bank in its good faith business judgment), to secure all of the Obligations relating to said Letters of Credit. All Letters of Credit shall be in form and substance acceptable to Bank in its sole discretion and shall be subject to the terms and conditions of Bank’s standard Application and Letter of Credit Agreement (the “Letter of Credit Application”). Borrower agrees to execute any further documentation in connection with the Letters of Credit as Bank may reasonably request. Borrower further agrees to be bound by the regulations and interpretations of the issuer of any Letters of Credit guarantied by Bank and opened for Borrower’s
1.account or by Bank’s interpretations of any Letter of Credit issued by Bank for Borrower’s account, and Borrower understands and agrees that Bank shall not be liable for any error, negligence, or mistake, whether of omission or commission, in following Borrower’s instructions or those contained in the Letters of Credit or any modifications, amendments, or supplements thereto.
(b) The obligation of Borrower to immediately reimburse Bank for drawings made under Letters of Credit shall be absolute, unconditional, and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement, such Letters of Credit, and the Letter of Credit Application.
(c) Borrower may request that Bank issue a Letter of Credit payable in a Foreign Currency. If a demand for payment is made under any such Letter of Credit, Bank shall treat such demand as an Advance to Borrower of the equivalent of the amount thereof (plus fees and charges in connection therewith such as wire, cable, SWIFT or similar charges) in Dollars at the then-prevailing rate of exchange in San Francisco, California, for sales of the Foreign Currency for transfer to the country issuing such Foreign Currency.
(d) To guard against fluctuations in currency exchange rates, upon the issuance of any Letter of Credit payable in a Foreign Currency, Bank shall create a reserve (the “Letter of Credit Reserve”) under the Revolving Line in an amount equal to ten percent (10%) of the face amount of such Letter of Credit. The amount of the Letter of Credit Reserve may be adjusted by Bank from time to time to account for fluctuations in the exchange rate. The availability of funds under the Revolving Line shall be reduced by the amount of such Letter of Credit Reserve for as long as such Letter of Credit remains outstanding.
2.1.3 Foreign Exchange Sublimit. As part of the Revolving Line, Borrower may enter into foreign exchange contracts with Bank under which Borrower commits to purchase from or sell to Bank a specific amount of Foreign Currency (each, a “FX Forward Contract”) on a specified date (the “Settlement Date”). FX Forward Contracts shall have a Settlement Date of at least one (1) FX Business Day after the contract date and shall be subject to a reserve of ten percent (10%) of each outstanding FX Forward Contract in a maximum aggregate amount not to exceed (a) the lesser of (i) the Revolving Line or (ii) One Million Dollars ($1,000,000) plus the Borrowing Base minus (b) the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), minus (c) any amounts used for Cash Management Services, and minus (d) the outstanding principal balance of any Advances (the “FX Reserve”). The aggregate amount of FX Forward Contracts at any one time may not exceed ten (10) times the amount of the FX Reserve.
2.1.4 Cash Management Services Sublimit. Borrower may use the Revolving Line for Bank’s cash management services which may include merchant services, direct deposit of payroll, business credit card, and check cashing services identified in Bank’s various cash management services agreements (collectively, the “Cash Management Services”) in an amount not to exceed (
a) the lesser of (i) the Revolving Line or
(ii) One Million Dollars ($1,000,000) plus the Borrowing Base minus (b) the amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit), minus (c) the FX Reserve, and minus (d) the outstanding principal balance of any Advances. Any amounts used by Borrower for Cash Management Services will be treated as Advances under the Revolving Line, will accrue interest at the interest rate applicable to Advances, and will reduce the amount otherwise available for Credit Extensions thereunder
