MICHAEL TREVETT & ASSOCIATES
G l o b a l P r o j e c t F i n a n c e C o n s u l t a n t s
London - Europe - Middle East - Asia
T W O
V E R Y D I F F E R E N T C L I E N T S . . . .
Mr D is still seeking
funding after seven years,
but Mr E's project was funded within 90 days
Mr D could not understand that arranging International finance is an extremely complicated, time consuming and legalistic
business.
Don't make the same mistake as Mr Dorvitch. He believed all he needed to do was to make
a business plan (the way he thought it should done) and give that to a local broker to arrange
the finance. He still thinks he knows the best way to arrange foreign finance and refuses to accept he doesn't.
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Mr Dorvitch is from
Hungary. In 1999 he asked MTA to arrange finance to expand
his food processing business. We studied the documents and was confident his business would qualify for cross
border finance.
We explained to him however we needed to process his case including reformat his(badly written) business
plan so it would be in the correct format for the lenders.
He said "no,
my business plan and documents are perfect, I am not going to do anything because
lenders will be pleased to finance my business the way it is.. . . . . .that was in 1999 |
Mr Dorvitch contacted us again in 2001, 2004, 2005 and again in 2007, each time explaining he still need finance for his expansion. He still thinks he knows better that we do about international finance so he will not have processing work done - he just wants someone to send him the money. Mr Doravitch is a naive fool if he thinks that will happen!
This on the other hand is Mr & Mrs E.
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Mr & Mrs E is a highly professional husband and wife partnership from the United States; they own and operate a very 'up market' holiday resort on a lovely island in the Caribbean. They needed finance to (a) retire an existing loan and (b) to build two more luxury villas at the resort and (c) provide additional working capital for the business.
Having tried brokers in the United States they were recommended by our US introducer to contact MTA International Finance in London.
MTA re-formatted the
business plan, then structured and packaged the case and arranged
funding through a major lending bank within 90 days from start to finish.
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Michael Trevett (left) of MTA London with Mr & Mrs E at their luxury resort in the Caribbean
POOR MR DORVITCH. HE WOULD MAKE A VERY GOOD OSTRITCH FARMER. IF HE HAD UNDERSTOOD BACK IN 1999 THAT ARRANGING CROSS BORDER FINANCE IS
EXTREMELY COMPLICATED AND NEEDS TO BE HANDLED BY EXPERIENCED AND PROFESSIONAL
CONSULTANTS, HE WOULD NOT HAVE SPENT THE PAST FEW YEARS WITH HIS HEAD BURIED IN
THE SAND. |