{"id":768,"date":"2020-06-08T12:54:46","date_gmt":"2020-06-08T12:54:46","guid":{"rendered":"https:\/\/exetergroupofcompanies.com\/?page_id=768"},"modified":"2025-01-13T12:24:34","modified_gmt":"2025-01-13T12:24:34","slug":"owned-bank-guarantee-bg-monetization","status":"publish","type":"page","link":"https:\/\/exetergroupofcompanies.com\/en_ca\/owned-bank-guarantee-bg-monetization\/","title":{"rendered":"Owned Bank Guarantee (BG) Monetization"},"content":{"rendered":"
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Owned Bank Guarantee (BG) Monetization<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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INSTRUMENT AND SERVICE DESCRIPTION<\/strong><\/p>

Complete Recourse Loan & Non-Recourse Loan Monetization of Owned Bank Guarantee (BG) for Project Funding<\/strong><\/p>

At Exeter Group, we do not require clients to pay upfront fees for monetization. Compensation is only due upon successful project completion. This commitment is contractually established between our clients and Exeter Group.<\/p>

By utilizing an Owned Bank Guarantee, we facilitate monetization and provide loans through meticulous arrangements with an attorney-trustee office based in the USA. These loans are structured in a way that repayment is rarely required, and when applicable, they are offered at minimal interest rates.<\/p>

Clients receive their funds directly from an attorney-trust IOLTA federal bank account, accompanied by a legal opinion. This ensures smooth transactions and eliminates any complications related to fund releases through local banks.<\/p>

We offer 4 Monetization settlement methods:<\/em><\/strong><\/p>

\"NEW<\/strong><\/p>

1. Euroclear<\/strong>\u00a0\u2013 The Euroclear process is extremely fast, and the best part is there are no SWIFT fees. Euroclear is one of the most established financial transaction networks in the world and was founded by JP Morgan in 1968.<\/p>

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2. Bank SWIFT<\/strong>\u00a0\u2013 This (BG) is delivered to the two banks through SWIFT MT799 and SWIFT MT760.<\/p><\/div><\/div><\/div><\/div><\/div><\/div>

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3. DTCC<\/strong>\u00a0\u2013 The Depository Trust and Clearing Corporation issue BGs that we accept. Again, through this process, there are no SWIFT fees, and this company was founded in 1999 and is seen as one of the leaders in the industry.<\/p>

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4. Bloomberg \u2013\u00a0<\/strong>The Bloomberg process is extremely fast and there are no SWIFT fees.\u00a0Bloomberg was founded in 1981 and is one of the most established financial transaction networks in the world.<\/p>

Fact: We have the option of purchasing the BG in full, or the client can hold ownership against an Owned Bank Guarantee. Many clients choose the latter option so that they can have a non-recourse loan.\u00a0<\/em><\/strong><\/p>

Through our contractual obligations, the Monetizer must return the Owned Bank Guarantee to the issuing institution at least 15 days before the expiration date of the BG.\u00a0<\/i><\/b><\/p>

Monetization LTV for a\u00a0Non-Recourse Loan (this loan have a lower LTV but you don\u2019t have to pay back):<\/em>
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