Export Capital Funding,
Inc.’s (ECF) core business is the origination, processing and servicing of term loans to foreign importers purchasing
US manufactured machinery and equipment. ECF, a
ECF has the market knowledge,
primary and secondary money market resources, and experience to generate
medium-term & short-term ExIm Bank backed loans to foreign buyers of
ECF is a Servicing Resource for Banks engaging in this lending product. ECF’s operating systems and staffing infrastructure allow us to service both Short and Medium Term loans for strategic partner banks allowing them to grow earning assets and Return on Income (ROI) at a higher return. In providing that “back office” support, ECF can originate, process, underwrite, and service loan portfolios while our partner banks reduce operating overhead. We invite serious inquiries from banking institutions.
Export Capital Funding, Inc.
(ECF) offers financing to meet the needs of U.S. Exporters and their foreign
Importers engaging in the sale and purchase of inventories, capital equipment
and services of
There are basically Short Term and Medium Term financing programs available.
·
Short
Term programs are 1 year Lines of Credit for repetitive sales from one or more
exporters to foreign importers for single or multiple purchases of inventories
of bulk or finished goods inventories. Tenor for purchases is between 60-180 days.
The
· Medium Term programs are 2-5 year Term Loans for single sales from one or more exporters to foreign importers for their purchases of capital equipment. Payment installments are typically every 6 months until the end of the term. Maximum amount is U.S. $10 Million. Amounts in excess of $10 Million can also be financed. If this is needed, please contact us direct.
· Long Term programs in excess of 7 years are available for special projects.
All programs are supported by
credit enhancement products of the Export-Import Bank of
Related Fees and Interest Rates
The total cost of borrowing contains various components, such as Application Fees, Credit Facility Fees, ExIm Bank Exposure Fees, Interest Rate, Legal Due Diligence Fees, and Legal Documentation closing expenses. ECF can provide an Analysis of the total cost of the borrowing over the term and compared to local borrowing costs for Importers upon request.
· Interest rates are highly competitive. They can be fixed or floating. It is common to receive a quote of floating rate interest as a base rate. The base reference rate is either LIBOR or Prime with an interest spread above that reference rate. The actual rate of interest is determined at the time of a quote and is based on several risk conditions to include country risk, borrower credit condition, market risk and product financed.
· Application and Credit Facility Fees are the cost of application processing and underwriting the borrower. These are paid, respectively, at the time of initiation, and ExIm Approval and Legal Documentation closing.
· All Legal Fees are paid at closing.
- ExIm Bank Exposure Fees are predetermined based on risk factors.
Complete ECF’s “Request Quote” form and an officer from ECF will contact you to discuss your needs. In general, ExIm Bank requires borrowers to be in business for 3 years with the most recent year being profitable. For amounts borrowed over $1 Million, audited financial statement for the three year period are required.
Export Capital Funding, Inc.
Phone: (954)
888-9124
Fax: (954)
888-9972
Jack L. Foster, President & CEO
Send E-mail To Us: info@ecfunds.com
