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BJ Miller acts in its capacity of a Gate Keeper for an international business company for financing and investment, ready, willing and able to provide a BORROWER with a Bank Instrument (Bank Guarantee [BG] or Standby Letter of Credit [SBLC] issued by a top rated world bank, (fully cash backed by a Certificate of Debt, in the format of an MTN, a Bond, or Commercial Paper, or a Certificate of Deposit clearly identified by ISIN number), and grants the Borrower an exclusive license to use the Bank Instrument. With the assignment to use the Bank Instrument, the BORROWER may structure project finance, use it on his commercial balance sheet and for general credit enhancement. The license to use the bank instrument is available to a person, or to corporate entity of the BORROWER, and as specified and agreed in a Securities Borrowing and Lending Agreement and the terms of the BUSINESS SUPPORT CONTRACT (BSC). The ownership of the instrument will not be transferred under either of these arrangements, but the beneficial use of the Bank Instrument is made available as an enhancement to the BORROWER who is assigned all the rights to use the Instrument accordingly. The Bank Guarantee (BG) or Standby Letter of Credit (SBLC) will be issued from a top rated world bank via SWIFT MT760, with a total face value as agreed, for a term of 365 days with the possibility for an extension of up to 5 (five) years in total.
Download the BUSINESS SUPPORT CONTRACT here.
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