|
|
MTA INTERNATIONAL FINANCE
|
|
|
Don't be under an illusion, arranging any type of International funding is extremely complicated and it's highly unlikely you would ever successfully make a direct loan application without an experienced funding expert to provide help and guide you. Don't make the same mistake as Mr Dorvitch, who believes all he need do is make a business plan (the way he thinks it should done) and give that to a local broker to arrange the finance . . . .he also thinks he knows the way international funding is arranged and refuses to accept that it must be done differently. Mr Dorvitch is from Hungary and in 1999 he asked MTA to arrange cross border finance to expand his excellent food processing business; he needed to modernise his factory to satisfy increasing customer demand from western Europe. After we studied all the documents he sent us, we were confident that his business would qualify for cross border funding and we could arrange it for him. We explained to Mr Dorvitch however that we needed to reformat his business plan so it's in the correct format for the funders; also various other processing procedures were necessary. He said "no, my business plan is perfect, I am not going to do anything because funders will be pleased to finance my business the way it is
Michael Trevett from MTA - UK, (left) with Mr & Mrs E at their
luxury resort in
the Caribbean.
This, on the other hand, is Mr. E. . . . Mr & Me E is a highly professional husband and wife team from the United States; they own a very up market holiday resort on a lovely island in the Caribbean. They needed finance to (a) retire an existing loan (b) to build two further luxury villas at the resort, and (c) to provide additional working capital. Having tried several brokers in the the
United States,
which were unable to find a solution to their finance requirement,
they were recommended by our US Associate 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 bank within 90 days from start to finish. POOR MR DORVITCH. . . . . . . IF HE HAD UNDERSTOOD, BACK IN 1999, THAT ARRANGING CROSS BORDER FUNDING IS EXTREMELY COMPLICATED AND IS DONE BY VERY EXPERIENCED AND PROFESSIONAL CONSULTANTS, HE WOULD NOT HAVE SPENT THE PAST FEW YEARS WITH HIS HEAD BURIED IN THE SAND. |