Dereck Scott Prime Bank Collateral for any required Period of Time

You are structuring project finance and need collateral for a certain period of time while your project generates funds and equity and develops to the next level?

We arrange “collateral for any required period of time”. With our connections to securities dealers and institutional investors we are able to provide collateral for good projects and qualified clients. First-class collateral can be made available and transmitted to your financing institution through SWIFT for the required term. If you are in search of financial collateral for project financing for Euro 15 million to Euro 1 Billion, and your bank supports you in your project funding efforts, then you should read the summary HERE and contact us once you are familiar with the basics. We work with licensed securities dealers and banks to assure a professional service for you at all times. 

We have the capacity to issue and assign a top rated Standby Letter of Credit to a qualified Borrower via SWIFT MT760 through JP Morgan Chase, BNP Paribas Bank, Commerzbank, Credit Suisse, UBS, Barclays, Standard Chartered Bank, Deutsche Bank or HSBC

Transactions from Euro 15 million with no upper limit

Borrowing and Lending Fee is 9%

Commission 1% to Borrower Agent and 1% to Lender Agent

Lending for 350 days with a Validity of 1 year and 1 day, with extensions of up to 5 years on the same terms.

Confirmed Payment is required via SWIFT MT700 against delivery and verification.

Assignment of an SBLC to a qualified Borrower. Specimen can be downloaded here. 

Application form / Letter of Intent can be downloaded here

To start a transaction please provide your Letter of Intent and a confirmation from your receiving bank regarding their willingness to pay against delivery of SWIFT MT760. Upon receipt of a valid LOI, we will call you to discuss all further details. Inquiries from Africa or India will have to evidence financial capacity to start communication. No Broker education is provided.