Happy Independence Day 2008..
 


 Ads in India for Business Partners :

India Venture Capital for Expansion

By avidhita@...
Dear Sir / Madam,
If the minimum size of the Project is equal to RS.50 Crores and comes with 40% Cash Contribution from 3 year old profit making Company and the project is viable, we can contribute 60% out of our credit line with the SBLC Opener as venture capital on profit sharing, value of our 60% should not be more than 50% of the Project Company's Net-worth.
Process:
The Promoter has to open a Bank Account.
Based on the SBLC Opener's and the Receiving Company?s merits, Banker in India would provide credit Limit to borrow.
We get the SBLC (depending on d value and duration of d project) issued to the Project Company.
Upon receipt of SBLC for $ 10 Million, out of 40% of promoter's contribution, SBLC expense would be half of it (20%) and is payable in India.
Bank in India would fund 80% upon receipt of SBLC out of the Credit Limit.
100% Money would be transferred to the New Project a/c.
SBLC would be renewed annually by us and we exit once SBLC is returned or we can takeover the business in case the Promoters would wish to sell their stake.
Interest on Indian side would be paid out of our share of Profit.
Recourse is on the SBLC and not on the Borrowing Company.
Accept/Decline.
Avidhita
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11/18/2008 12:00:00 AM
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