Trade of Leased Instruments

Trade with leased instruments works through a huge foundation which has the right channels and ability to facilitate leased instruments into trade. The applicant must first request in writing a compliance package, which will be provided to the applicant after a telephone conversation. 

What is needed first is:
1) Compliance documents
2) Copy of the instrument
3) Bank attestation/recommendation letter about the client, that he is a valueable/honorable client for the past years and is well known to his bank.
4) Authorization to Authenticate-Bank Instrument which must come on client's full letterhead
5) Bank Acknowledgment which must come on client bank's full letterhead

The Bank Declaration on client bank's letterhead - THIS IS THE KEY TO SUCCESS WITH A LEASED INSTRUMENT. The client must FIRST go sure that his bank will issue this Bank Declaration (exactly the given verbiage, no changes nor amendments are allowed) BEFORE he starts working on his compliance package. 

In case of sorts of instruments, the foundation trader accepts CD, BG, MTN, absolute minimum amount is 50M, but then also the profits are quite low. An ideal face value is 500M and more, what brings nice profits. 

Should you have any questions or should anything be not clear, please contact your Altika representative.

Non-Recourse Loan Program with Monthly Draws

Funder is offering a monthly recourse loan program with minimum of 500,000 to 1,000,000 amount down payment with a bond issue providing an approximate net of 15% per month.

• Minimum: $500,000 to $1,000,000.
• Term: Twelve Months.
• Draw-down: approximately 15% net per month.
• Security for Cash: Physical delivery of cash backed insurance bond issue and MT799. 
• Escrow: NY State registered attorney escrow

Procedures:

1. Application
2. Contract
3. Client sends funds to escrow attorney.
4. Money released to Funder, and client receives a physical restricted bond issue, and a MT799.
5. Funder begins funding and provides client with a monthly draw-down for one calendar year.
6. At the end of funding, client can redeem the bond issue for cash.

Contact an Altika representative for more information.

Insurance wrap financial guarantee procedures

For more information, contact an Altika representative.

Expenses:
•    4% insurance premium
•    Underwriting expense: $60,000 (cost depending upon the project)

Procedures:
1.    Client contacts Altika with project information
2.    Altika approves or rejects the project
3.    Client provides paperwork for due diligence
4.    If accepted for insurance wrap / financial guarantee, Altika provides the escrow bank account coordinates of the insurance underwriter
5.    Client wires the underwriting cost and half (½ )of the premium
6.    Underwriter provides draft insurance Binder of the insurance
7.    Client wire the second half of the premium.
8.    Underwriter releases the policy to the client.

In ground hard asset program with Insurance Wrap/Monetizing/Trade

We can put in trade your in-ground hard assets such as oil wells and gold mines. The owner of the hard asset will retain us to facilitate the insurance wrap (financial guarantee from insurance providers such as Prudential, AIG, Lloyds, etc.), then a monetization of the wrap, and the trading of the cash from the monetizing.

The client will pay the cost to underwrite the insurance policy, the cost to facilitate the process, and the actual cost of the insurance premium.

Procedures:

1.       Client introduction and review of file to determine if possible to engage.

2.       Client signs a contract for consulting services with Altika Corporation and pays the retainer required for the underwriting costs and the facilitation cost.

3.       Altika prepares package to the insurance agent.

4.       If accepted by the insurance carrier, client signs a contract with the insurance agent.

5.       Within three to four weeks of preparing of the insurance policy and the binder, the insurance wrap (financial guarantee) is delivered to the client. A site visit by the carrier may be required.

6.       Insurance policy is sent to the client and lodged with the client’s bank.

7.       Client has 30 days to pay the insurance premium to the carrier, but is required to pay the commission, bank fees and legal fees to the insurance agent and Altika.

8.       Altika will present the insurance wrap (with a client application) to the funder for monetizing the wrap. In some cases, the wrap may be accepted directly by the trading platform for a credit line.

9.       Funds from the monetizing will be placed in a client bank account to be positioned for trade.

10.   Client files an application for trade with the trade platform.

11.   Client is accepted for trade and signs a trade contract.

12.   Funds from the monetizing are blocked for a trade in a European bank.

13.   Trading commences.

14.   Client receives trade proceeds and paymaster disburses these proceeds according to the profit share agreements.

For more details, contact us.

10M + Bullet programs

Contact us for more information regarding bullet programs and standard project funding programs, as they change weekly now until the end of the year.