Deposit Capital’s service can be used to attain many different types of financial funding where the most typical vehicles can be broken down in loans and lines of credit. The service can even reduce interest rates on existing loans of a borrower. It makes capital-seeking easier and provides incentive for the lender to fund your package. Deposit Capital’s financial service is beneficial for both the borrower and the lender. Deposit Capital will even find the banks for borrowers.
Company Provides Money as Incentive for Banks to Lend to Borrowers
Las Vegas, NV – November 8, 2006 -- Deposit Capital increases a borrower’s chance of acquiring funding from a financial institution by providing a special addendum to the lending application in the form of a cash deposit.
Deposit Capital’s service can be used to attain many different types of financial funding where the most typical vehicles can be broken down in loans and lines of credit. The service can even reduce interest rates on existing loans of a borrower. It makes capital-seeking easier and provides incentive for the lender to fund your package. Deposit Capital’s financial service is beneficial for both the borrower and the lender. Deposit Capital will even find the banks for borrowers.
How’s it all work?
If a borrower is seeking $500,000 in financing, they must pass many requirements by a bank in order to get qualified. Deposit Capital assists this situation by providing a deposit that is double the amount of the financing requested by your loan application in the form of Jumbo CD’s. In the instance above, Deposit Capital would place $1,000,000 in Jumbo CD’s at the bank attached to the borrower’s application.
The deposit can not be pledged, encumbered, put in jeopardy, used to collateralize the borrower’s loan, or used to guarantee the borrowers loan. The lender does not have the right to offset against the deposit. The arranged deposits are for the lender’s use only. Deposit Capital’s deposit provides the lender with liquidity for the loan and other loans.
The applications for Deposit Capital’s service are also endless. This service from Deposit Capital could be used for real estate developers in need of more funding for a new project, businesses of all sizes that need a higher line of credit for operating expenses to bring their business to the next level, start-ups in need of funding for launching a new business, as well as mortgage brokers, investors, acquisitions, expansions, venture capital, retail vendors, even private individuals and Government applications.
Deposit Capital’s services are offered and available worldwide.
About the Company
Deposit Capital is a financial services company that specializes in assisting borrowers with applying for funding from financial institutions by providing an attachment of Jumbo CD’s to a financial application. This unique deposit enhanced loan service is a highly successful strategy.
For more information about the company, visit www.depositcapital.com .
Media Contact:
Mark Rice, CEO
Deposit Capital
Financial Services Since 1947
Phone: 702-216-0482
Fax: 702-974-0383
www.depositcapital.com
###