1.) Can I use the deposits you make to guarantee my loan?
NO. We try to make this point as clearly as possible but we find it often takes about 7-10 readings of our frequently used phrase to get this message across:
"The deposits we make cannot be encumbered, pledged, put in jeopardy, used to collateralize your loan, or used to guarantee your loan, and your lender does not have the right of offset against our deposits."
2.) Can I have access to the deposits you make?
NO.
3.) What are your qualifications for applicants to use/buy your product?
Applicants must agree to our three simple conditions. They are:
1. The deposits we arrange on your behalf must never be at risk. Acceptable institutions will carry appropriate insurance to cover our deposits. FDIC insurance in the USA guarantees each $100,000 USD deposit that we make is guaranteed to be repaid. Other such insurance programs are in place in other countries. The deposits themselves may be insured by such insurance companies as Lloyds of London and other insurers. We will verify this issue at length with the financial institution you request.
2. The deposits we arrange cannot be encumbered, pledged, put in jeopardy, used to collateralize your loan, or used to guarantee your loan. Your lender does not have the right of offset against our deposits. Any misrepresentation of these terms to any involved party could increase your transfer expenses or make the transaction not viable and most likely will result in a 2% penalty fee on the requested amount. We will verify this issue at length with the financial institution you request.
3. All required fees are paid into a Deposit Capital trust account prior to any movement of deposits into your requested bank. Once you complete our application document and we receive your retainer funds in our trust account we will process the transaction and arrange for the deposit within 10 business days. Once the deposit has been ordered you cannot cancel the transaction. Provided our terms have been adhered to, your retainer fee is fully refundable in the event we cannot confirm the deposit in your bank within 10 business days of your retainer fee arriving in our trust account.
4.) How much does your product cost? What is my total cost?
3% of the total deposit over one million and 5% of the deposit less than one million. There are no other fees.
5.) Is there a minimum deposit I can request? And a maximum?
The minimum deposit we will arrange is $100,000 USD. We require your deposit requests to be two times the amount of money you are looking for. So your loan package must be a minimum $50,000 USD. There is no maximum transfer.
