This Question is Answered

1 "correct" answer available (5 pts) 3 "helpful" answers available (4 pts)
Post a new topic
6 Replies Last post: May 8, 2009 10:53 AM by banks1411

Need Letter of Credit

May 5, 2009 8:22 AM

Click to view diversetax's profile Authority diversetax 12 posts since
May 5, 2009
I have a business associate that has been approved for millions in bond funds to start a business. In order for him to receive the funds, he will need a letter of credit from an "A1" rated bank or a "A1" rated bank to agree to use the bonds as collateral. I am not sure of the other details and am trying to help him. Does anyone know of a resource that he could go to for help. He advised me that he has been to different banks and have had no luck.

Please advise if you know a resource. I can try and get more dtails from him if needed.

God Bless
www.prepaidlegal.com/hub/smross
www.diversetaxllc.vpweb.com
Report as inappropriate
Click to view LUCKIEST's profile SCORE LUCKIEST 7,912 posts since
Aug 6, 2007
1. Re: Need Letter of Credit May 5, 2009 10:18 AM
Need Letter of Credit

Tell us more. Who are you?? Tell us about the business associate.

Does the associate have a business and marketing plan that I can read??

Talk to me, LUCKIEST
Click to view funds2924's profile Mogul funds2924 36 posts since
Jan 14, 2009
2. Re: Need Letter of Credit May 5, 2009 10:53 AM
I may be able to help please email or call me at 229-292-1144.

Tony Henderson
Business Consultant
funds@innovativereturns.com
Click to view diversetax's profile Authority diversetax 12 posts since
May 5, 2009
3. Re: Need Letter of Credit May 5, 2009 7:32 PM
in response to: LUCKIEST

I will forward this info to my associate and have him follow up. Due to the fact that I have limited information.

Thank You very much
Click to view diversetax's profile Authority diversetax 12 posts since
May 5, 2009
4. Re: Need Letter of Credit May 5, 2009 7:34 PM
in response to: funds2924
I will forward this email to my associate, he has more information than I

THanks
Click to view AdkisonFinanc's profile Professional AdkisonFinanc 2 posts since
Apr 29, 2009
5. Re: Need Letter of Credit May 5, 2009 9:54 PM
Try AdkisonFinancing.com for help.
Click to view banks1411's profile Professional banks1411 3 posts since
May 7, 2009
6. Re: Need Letter of Credit May 8, 2009 10:53 AM
in response to: LUCKIEST
We are a publishing company that have been approved for millions of dollars, yes we do have a business plan and need this LOC to secure the funds, will inform with more information as needed.

Thanks, banks1411

Most Recent Forum Posts

Legend

  • Open Question
  • Answered Question
  • New content since your last visit
  • Updated content since your last visit
  • Content you have read