Do You Want To Learn About RMG’s Ascent Business?

After we established the RMG's Corporate in 2014, from the providing and selling of financial services to funds and assets management, What we have learned about Growing and Nascent Business to 8 digits? As A CEO and President, I decided to pack for your knowledge and information, with a value that is worth a lot: <img width="800" height="543" src="http://www.ram-finance.com/wp-content/uploads/2021/06/SOFE-1024x695.png" alt="" loading="lazy" srcset="https://www.ram-finance.com/wp-content/uploads/2021/06/SOFE-1024x695.png 1024w, https://www.ram-finance.com/wp-content/uploads/2021/06/SOFE-300x204.png 300w, https://www.ram-finance.com/wp-content/uploads/2021/06/SOFE-768x521.png 768w, https://www.ram-finance.com/wp-content/uploads/2021/06/SOFE.png 1344w" sizes="(max-width: 800px) 100vw, 800px" /> ...
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Why there are many failures in SBLC Transactions?

A client ordered a licensing SBLC, we are ready to option No 3 and ready to make the deposit of the 2.5% in IOLTA escrow, for registration and send first the 799 Pre-advice. RMG: Ok, is your bank going to receive the 799/760, and give you support and undertake to pay the balance?  Client: No, we have a funder/monetizer, kindly send directly to the funder Bank account. RMG: Then you need to nominate a new Beneficiary, moreover, and that new Beneficiary needs to give respond with 799 undertake to pay the balance on your behalf, please provide their full CIS.   Client: we agree, send us the Term Sheet and Escrow agreement. At this point, all going well, the client sign the term sheet and escrow agreement and do the wire deposit, and submitted the nominate a new Beneficiary agreement. We have registered the transaction with HSBC UK as issuing bank with our investor's liquid assets, after the bank did their DD, the bank found out the...
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What is the better Non-Recourse vs Non-Refundable Debt

First, we need to know the Difference between Recourse Debt (Loan) to Non-Recourse Debt: In general, Recourse debt (loans) are secured by collateral. If the borrower fails to refund their obligation and default on the payment schedule, the funder can go after the borrower's other assets. A Non-Recourse debt (loan) does not allow the lender to pursue anything other than the collateral. For example, if a borrower defaults on a Non-Recourse Securities debt, the Funder can only foreclose on the said securities. The Funder generally cannot take further legal action to collect the funds owed on the debt. A Non-Refundable debt means, funds used to describe as income profits that paid to the client/investor and can't get back. For the benefit of our clients/Investors, who are interested utilize owned Securities (Assets and instruments) from the Secondary Markets, and participating in our Private Structured Placement Program (PSPP), the first stage is to active credit facility upon the Securities. Two methods, 1. Monthly payments. 2. One payment...
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Guarantees and Surety Bonds

Every Guarantee/Surety Bond must be carefully examined to determine its legal significance and viability. Guarantees and Surety Bonds By issuing a guarantee/surety bond, the bank or the insurance acts as the guarantor for an obligation owed by the debtor. What these two instruments have in common is the bank’s/insurance’s promise to stand in for the payment of a debt or performance of service should the debtor fail to fulfill his or her contractual obligations. With this promise, the bank/insurance undertakes to pay a maximum specified amount when the conditions of the guarantee/surety bond are met. Difference between a Guarantee and a Surety Bond Guarantee A guarantee is a distinct promise to pay and is not dependent on the principal obligation. The guarantor (the bank) may not raise any objections or defenses based on the underlying transaction. This means the guarantor pays upon the first written demand (claim) on the part of the beneficiary, i.e. on the presentation of the confirmation specified in the guarantee text...
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