Third World Financing

The Company provides a turn-key operation for the financing of Third World projects. The following are de minimis conditions for such project financing:

• The applicant must be a domestic, U.S. based company.
• The applicant must qualify for financing according to standard underwriting procedures.
• The country must meet published U.S. Government country codes.
• The financing facility must be able to procure for the project a guaranty from an agency of the U.S. Government.

Third World project financing also requires:

• Political Risk Insurance
• Currency Risk Insurance.

We will consider originating financing for worthwhile projects in any Third World country so long as they meet the above conditions. At the same time, the Company looks at the project to determine whether it has applicability for the Republic of the Philippines. If so, we may look to have the applicant replicate the project in the Philippines.