G21 CREDIT ENHANCEMENT: FAQS
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1. WHAT DO I NEED TO MEET THE REQUIREMENTS FOR A LOAN GUARANTEE REQUEST WITH G21 CREDIT ENHANCEMENT?
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The applicant must be a serious, organized, professional entrepreneur with a PRIVATE profitable investment project. All sectors of business are evaluated with certain sectors having a favorable rate of approvals.
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2. WHAT ARE THE GUARANTEES THAT I NEED TO PROVIDE FOR MY LOAN GUARANTEE REQUEST WITH G21 CREDIT ENHANCEMENT?
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As you very well know, personal guarantees are not accepted by the international banking network nowadays and therefore your guarantees are of no interest or value in our financing process. Our Investor Groups provide Guarantees in the form of AAA Bonds, U.S. Treasure Bonds or EURO Bonds for the Loan Guarantee Request once approved by the evaluating Commitee of Gateway 21, the Investor Group and Lending Bank.
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3. HOW LONG DOES IT TYPICALLY TAKE TO RECEIVE MY LOAN WITH G21 CREDIT ENHANCEMENT?
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Once the approval letter is received, if the applicant follows the terms, conditions and procedure to the letter; the planning of Closing and Funding will be completed in 20 banking days.
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4. IS IT POSSIBLE FOR THE APPLICANT TO PAY AHEAD OF TERM THE PAYMENTS OF INTERESTS?
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Yes it is, the applicant may pay the interest payments for the total amount of the interest without any additional penalties.
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5. WHAT ARE THE BUSINESS SECTORS THAT CAN APPLY FOR A LOAN GUARANTEE REQUEST WITH G21 CREDIT ENHANCEMENT?
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All the sectors are accepted and evaluated fairly. The main requirements are that the investment projects must be private and profitable. Also, the Legal Representative must be a serious business man.