Financing procedure
The three key points
To effectively navigate the financing process, ensure you carefully read the three key points, which will help determine your eligibility for funding.
These three crucial points are: a high-level government network where the project will be executed, the project itself, and an initial contribution.
A simple, clear, and effective procedure.With very short turnaround times for fund disbursement.
Complete Procedure
Firstly, the client must draft a letter requesting financial support from our company, KANDER GROUP INVESTMENT. This letter will serve as the starting point to initiate the financing application process. Subsequently, we will provide the client with the references of the funding company. This will allow the client to include specific information in their financing request letter.
Once we have received the financing application, we will proceed with our response process following these steps:
First, we will review the application, and if it meets our criteria, we will grant the financing approval to the client. This is a crucial step to ensure the necessary financial support for the project's realization.
Next, we will propose a partnership agreement to the beneficiary company. This contract will define the rights and responsibilities of each party and establish the collaboration terms to successfully carry out the project.
It's also important to clarify the origin of funds used in the project. Therefore, the client will receive the Identity Sheet (CIS) from the financial partner, ensuring the traceability and legitimacy of the funds.
In the interest of mutual protection, we will implement a confidentiality agreement between the company receiving the financing and our company, KANDER GROUP INVESTMENT. This measure guarantees the confidentiality of sensitive project-related information.
Finally, to facilitate the distribution of payments to intermediaries and various commissions, we will provide our Payment Guarantee Letter (PGL). This document will outline the revenue and commission sharing terms for intermediaries.
Concurrently, it is essential for the client to undertake necessary steps by submitting letters declaring the fund inflow to various competent institutions, including:
To the headquarters of the commercial bank (if collaboration with such an institution is required).
To the central bank to ensure regulatory compliance.
To the anti-financial crime unit to adhere to security procedures and prevent illegal activities.
To the Treasury or the Ministry of Finance to comply with prevailing administrative and regulatory requirements.
It's paramount to emphasize that these procedures apply automatically, whether we are collaborating directly with governments or private clients. These procedures are designed to support large-scale projects requiring substantial financing.