Email: malakooti@hotmail.com
Scam Type: Loan Scam
From LinkedIn:
Morteza Zaer
Business Supplies & Equipment
Loan offers: Three Methods of Loan
Coordinator: Dr. Mohammad V. Malakooti/Kohrang Stone Company In.
Email:malakooti@hotmail.com
WhatsApp: +971 50 268 7802
Method 1- Direct Loan:
For this method, Client can use the funded project or company/project shares as collateral for the funding and lien gets 100% of requested amount but if a surety bond is required for the funding, client will receive, 98% of the requested amount as 2% will be used to procure a Surety Bond from our insurance partner (Allianz). Eligibility for Direct Loan is subject to our management's approval with a maximum processing period of 15 Business days and a total processing cost of €50,000. Loan Term is up to 20 years and a grace period is up to 2 years. (See attachment for our Financing Policy and Procedure). If a broker is involved in this type of funding, Broker commission for this method is outlined in our Agency Agreement.
Method 2-Monetized SBLC (Full Recourse LTV)
Monetized SBLC (Full Recourse LTV) - For this method, we will have an AAA rated bank issue a SBLC and have a Monetizer Monetize it for the Client for a full Recourse Loan. In this method, the procured SBLC will be used as collateral for the funding and Client gets 85% of SBLC Face Value. The SBLC issuance cost is 6% of the SBLC face value and Client can pay from the monetized amount after receiving the monetized sum. Eligibility for Monetized SBLC is subject to our management’s approval with a maximum processing period of 7 to 10 business Days. Loan term is 1 year with no grace period. Broker commission for this method is 2% of SBLC face value.
Method 3-Monetized SBLC (Non-Recourse LTV)
Monetized SBLC (Non-Recourse LTV): For this method, we will have an AAA rated bank issue a SBLC and have a Monetizer Monetize it for the Client for a Non-Recourse Loan. In this method, the procured SBLC will be used as collateral for the funding and Client gets 68% of SBLC Face Value. The SBLC issuance cost is 6% of the SBLC face value and Client can pay from the monetized amount after receiving the monetized sum. Eligibility for Monetized SBLC is subject to our management’s approval with a maximum processing period of 7 to 10 business days. Loan term is not applicable because client is not obligated to repay the loan. Therefore, if client does not repay the loan in 1 year, the monetize gets to keep the SBLC and the clients gets to keep the monetized sum without repayment. Broker commission for this method is 2% of SBLC face value.
Based on your preferred choice of funding method, I will provide you with an application form to enable you get started with the process. If you have any questions, feel free to let me know as we look forward to your response and building a lasting business relationship with you.
Best Regard,
Dr. Mohammad V. Malakooti