Category Archives for Proof of Funds

Develop a Culture of Service

I wrote this after clients complained of poor service with one of our vendors:

If you are in a customer/client based company the most important thing to emphasize in the day to day operations would be service. Unfortunately, a lot of companies overlook this very simple concept. Actually, many think first about monetary gains and second about the customer/client. Putting the dollar in front of the service is the equivalent of putting the cart before the horse. It's a losing equation for all parties. The company, while they may see short-term profits, will never retain long-term loyalty, and the client gets poor service and has a bad experience. Developing a culture of service should be the highest priority for any company or entrepreneur that wants to stand the test of time. The only way to differentiate, create loyalty, and ensure you have made a good first and last impression on every customer/client that you deal with are to put that individuals needs above your own. When the customer service that you render is of the highest quality there will be no shortage of money flowing in.

Sincerely and with gratitude,

Joseph P. Tufo

Cash Flow Specialists, Inc.

Certified Cash Flow Consultant, Certified Capital Specialist

925-352-6000 Cell 800-669-2700 (USA Only)

josephptufo@gmail.com joe@joetufo.com

http://www.workingcapitalfast.com

http://www.stryde.me/161424 WOTC Tax Credit to $9,600 Per Newly Hired Qualified Employee

http://www.StrydeAdvisors.com/161424 Agent Opportunity: Tax Credits, Expense Reduction Save Big Bucks!

https://db202.isrefer.com/go/pfp/a1488/ PFP, Community Opportunities, REEP

Skype: jptufo

LinkedIn: http://www.linkedin.com/in/joetufo

Facebook: http://www.facebook.com/joetufo

Twitter: https://twitter.com/joetufo

Commercial Real Estate Loans, Business Funding, Specialized Tax Credits, WOTC, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, and More...

Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation

Trust, Integrity and Service Here Today Here Tomorrow

You may schedule a visit and meet me in person in the beautiful San Francisco Bay Area

Available 8am to 6pm Pacific Any Day But Sunday And Holidays

#Money Available, #Next Generation Funding, #Funding, # Franchise Funding, #Medical Financing, #Hotel, #Motel, #Resort, #Uo To 100% Funding, #Commercial Loans, #Commercial Investments, #Business Consulting, #Business Funding, #Commercial Real Estate, #Debt/Equity Funding, #SBLC, #BG, #SWIFT, #Proof of Funds, # Gold, #Silver, #Precious Metals, #Hard Assets, #Complex Trusts, #Foundations, #Private Banking, #Hard Money, #Private Money, #Direct Conduit Lender,#Strategic Alliances, #Specialized Tax Incentives, #Expense Reduction, # WOTC Tax Credit, #LinkedInProfile #LinkedInSummary #LinkedInTips #LeadGeneration #Sales #Marketing #BusinessDevelopment #LinkedInMarketing #LinkedInBook #LinkedInTraining #LinkedInExpert

Looking For Proof of Funds For Your Next (Commodity) Trade?

You can have access to amounts between $100,000 to $2 Billion

World Wide

Funds are in a bank account with your name or company name.

Cash Flow Specialists, Inc. through our funding sources provides Proof of Funds to our clients for credit enhancement purpose. Blocked funds are in an account with the client listed as the funds owner for a pre-determined amount of time.

These can be:

  • Bank Comfort Letters (BCL)
  • Bank statements
  • SWIFT MT799
  • SWIFT MT760
  • SWIFT MT199
  • Bank Guarantees
  • Stand By Letter of Credit (SBLC)
  • VOD (1006)
  • Escrow Accounts (with major escrow companies)

It is important to understand that this is not a loan and the money will never move from the account. It is blocked, but free and clear.

You receive Verification of the funds and proof that the funds are yours (for verification purpose only). There are different ways to verify those funds. Some banks or financial institutions let you go to your local bank or branch. Some have a dedicated National 800 number, while others use online services.

The cost for this service varies according to the POF amount, the type of account as well as the length of time needed to show the funds.

We must be satisfied with your capacity to pay the up front fee for providing Proof of Funds (known as the Arrangement Fee).

Payment of the Arrangement Fee in the form of a “success fee” is not acceptable.

  • Any use including: Net worth Requirement
  • Facilitate buy / sell arrangements
  • Show of Down payment to get REO offers accepted
  • Bond Requirement
  • Proof of Liquidity
  • Proof of Collateral
  • Reserved or Blocked funds for investments

Minimum of only 1 month with discounts for multiple months.

Brokers paid for referrals!

  • Proof of Funds Program Highlights:Accounts available from $100K to $2 billion
  • Money Market funds seasoned for six (6) months
  • No Credit Check or Financial Statements Required
  • Funds in an account under client’s name and signature
  • FAQ: 30 & 60 day accounts, with discounts provided for renewal terms
  • Standard bank Verification of Deposit provided for all accounts
  • Bank accounts opened and confirmed in writing by bank officers
  • SWIFT MT799/760 confirmation option available in Offshore Banks
  • Brokers paid for referrals

Because of our work with leased instruments, we have frequent contact with commodity traders, Privater Placement Platform Facilitators and buyers / sellers of “paper”. Since we work directly with these numerous sellers of SBLC, BG, Bonds and MTN’s, we are happy to introduce you to these sources.

Program Highlights

  • Proof of Funds Program Highlights:amount available ranging from $100K to 200 + billion.
  • Funds seasoned for up to six (6) months.
  • Rates starting at 2% per month.
  • 30, 60 & 90 day accounts, with discounts provided for renewal terms.
  • You have access to the paperwork in less than 24 hours after confirmation.
  • Funds in an account under your name and signature.

Types of accounts:

  • Domestic Brokerage Firm:
  • Domestic Banks:
  • Brokerage Accounts
  • Prime Western Europe Banks:
  • Domestic Hedge Investment (NON BANK)

Types of confirmation

  • Standard verification of deposit (VOD): the customer faxes over a form to the financial institution. They then look up the account information, and fill out a standard form.
  • Bank-to-bank electronic confirmation.

All accounts require full client disclosure and are opened in strict compliance with the provisions of the International Money Laundering Regulations and the US Patriot Act.

 

 

Sincerely and with gratitude,

Joseph P. Tufo

Cash Flow Specialists, Inc.

Certified Cash Flow Consultant, Certified Capital Specialist

925-352-6000 Cell 800-669-2700 (USA Only)

josephptufo@gmail.com joe@joetufo.com

http://www.workingcapitalfast.com

https://db202.isrefer.com/go/pfp/a1488/ PFP: Earn Up To 19%, REEP

Skype: jptufo

LinkedIn: http://www.linkedin.com/in/joetufo

Facebook: http://www.facebook.com/joetufo

Twitter: https://twitter.com/joetufo

Commercial Loans, Business Funding, WOTC, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, and More...

Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation

Trust, Integrity and Service Here Today Here Tomorrow

You may schedule a visit and meet me in person in the beautiful San Francisco Bay Area

Available 8am to 6pm Pacific Any Day But Sunday And Holidays

#Money Available, #Next Generation Funding, #Funding, # Franchise Funding, #Medical Financing, #Hotel, #Motel, #Resort, #100% Funding, #Commercial Loans, #Commercial Investments, #Business Consulting, #Business Funding, #Commercial Real Estate, #Debt/Equity Funding, #SBLC, #BG, #SWIFT, #Proof of Funds, # Gold, #Silver, #Precious Metals, #Hard Assets, #Complex Trusts, #Foundations, #Private Banking, #Hard Money, #Private Money, #LinkedInProfile #LinkedInSummary #LinkedInTips #LeadGeneration #Sales #Marketing #BusinessDevelopment #LinkedInMarketing #LinkedInBook #LinkedInTraining #LinkedInExpert

SBLC Procedures

With Pre-advise:

  1. 2% in escrow (For amounts $10M and up).
  2. Issuing bank send MT799 pre-advise
  3. 1% gets released
  4. Receiving bank accepts and sends RWA
  5. Issuing bank send MT760
  6. 1% gets released
  7. 5 days later the remaining 8% gets paid

Without Pre-advise:

1. Client submits application, and countersigns contract.
2. Client bank Issues MT103.23 for payment
3. Issuing bank sends MT760
4. Client bank receives MT760 and releases the line 23 condition.

Mix

1. Client submits application, and countersigns contract.
2. Client bank Issues 2% for payment (Either escrow or MT103.23)
3. Issuing bank sends MT760 (Minimum $25M)
4. Client bank receives MT760 and releases the line 23 condition.
5. Within 5 banking days, remaining balance get paid.

Needs ISIN/CUSIP.

1. Put non-refundable call option fee in escrow
2. ISIN/CUSIPS will be blocked
3. (Option Pre-advise)
4. Within 5 days 6% placed in escrow
5. MT760 delivery of BG
6. Remaining 3+2 balance due in 10 days after delivery of BG.

Meet the banker

1. 15% placed in escrow
2. Meet the banker at UBS NY
3. Get BG/ SBLC issued during meeting.

 

Commissions are an additional 1% USA and 2% Outside the USA.

Sincerely and with gratitude,
Joseph P. Tufo
Certified Cash Flow Consultant, Certified Capital Specialist, Certified Trainer MedXPrime
925-352-6000 Cell 800-669-2700 (USA Only)
https://www.medxprime.com/jptufo Learn about our MedXPrime programs and services
https://www.financialhalo.com/jptufo Learn about MedXPrime/Financial Halo programs and service. Consider enrolling as a new Associate.
https://db202.isrefer.com/go/pfp/a1488/ PFP: Commercial Loans, Business Funding, REEP
http://www.StrydeAdvisors.com/161424 Agent Opportunity: R&D Tax Credits, Expense Reduction
http://www.gmgsavings.net/index.cfm?id=161423 Our Average Client Receives $240,000 in Tax Benefits!
jptufo.worldgn.comDr Helo The BEST wearable technology for health
Skype: jptufo
MedXPrime, Commercial Loans, Business Funding, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, Accounts Receivable Recovery, PGX Testing, and More...
Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation
Trust, Integrity and Service Here Today Here Tomorrow
You may schedule a visit and meet me in person in the beautiful San Francisco Bay Area

DISCLAIMER:

Cash Flow Specialists, Inc. does not constitute or warrants this to be a solicitation. If you are receiving this information, it is due to previous products and services you have inquired upon, which automatically places you in our systems database. The information is for the purpose of education and discussion only. If you feel you have been solicited or have no interest in this particular product however, wish to remain in our system, please provide the person you work with a list of interest, so we may tailor your financial needs accordingly as well as avoid unwanted emails. Sender is NOT a United States Securities Dealer or Broker or U.S. Investment advisor. Sender is a Consultant and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgment is not accepted, Recipient must return any and all documents in their original receipted condition to Sender. This electronic communication is covered by the Electronic Communications Privacy Act of 1986, Codified at 18 U.S.C 1367,2510-2521, 2701-2710, 3121-3126. Also see:http://www.ftc.gov/privacy/glbact/glbsub1.htm virus Gramm-Leach-Bliley Act 15 USC, Subchapter1, Sec. 6801-6809.

#Money Available, #Next Generation Funding, #Funding, # Franchise Funding, #Medical Financing, #Hotel, #Motel, #Resort, #100% Funding, #Commercial Loans, #Commercial Investments, #Business Consulting, #Business Funding, #Commercial Real Estate, #SBLC, #BG, #SWIFT, #Proof of Funds, # Gold, #Silver, #Precious Metals, #Hard Assets,

Problems With Back-To-Back Letters of Credit

Affiliated with a proof of funds provider for over 10 years, we frequently assist with letters of credit.
If you ever want to send a chill down the spine of your banker in the United States, just mention the phrase “back-to-back letters of credit.”

In a typical letter of credit (LC) arrangement, the buyer instructs their bank to issue an LC to the seller. There may be times, however, when a broker is acting as a buying or selling agent or middleman on behalf of the buyer or the seller. In this case, the broker may not want one of the parties to know that the other exists in order to protect their place in any future transactions between the two parties.

Therefore, the buyer instructs their bank to issue an LC to the broker. The broker then must be able to provide an LC to the seller. In order to do this, the broker wants the bank to accept the letter of credit provided by the buyer as collateral to enable them to issue a second letter of credit to the seller. The broker will argue that the proceeds from the first letter of credit can be used to fund the second letter of credit that the broker is trying to get issued.

Most banks in the U.S. will refuse to issue an LC under these circumstances for a number of reasons. First, most banks require that the applicant—in this case the broker—have a line of credit in place. Holding a letter of credit to be used as collateral probably wouldn’t be enough. The bank is going to want to see more, such as a current balance sheet, a record of earnings for three or more years, cash flow projections, a business plan, and a credit rating. The list could go on and on.

Second, the bank won’t want to rely on another LC as their source of funding. The risk is just too high. When documents are presented against the LC that the buyer applied for, discrepancies could very likely be found. Once a discrepancy is found, there is a chance that payment could be refused. If this happens and then compliant documents are presented against the second LC that the broker wants issued, the bank is now in a position where they must make payment, but they don’t have a source for funding that payment. Banks don’t like to find themselves in a position like this.

Third, timing could be an issue. It’s very likely that the seller would present documents against the LC that the broker is trying to get issued before documents are presented against the LC that the buyer issued. Using the one LC as a source of funding for the other could definitely require some type of interim financing, which takes us back to the line of credit issue.

Of course the best course of action is to check with your bank to find out what their policy is regarding back-to-back letters of credit. Just don’t be surprised if they don’t have an appetite for the business.

 

Solutions?
A Transferable Letter of Credit

Let’s just assume that we have a buyer, a broker or middle man, and a manufacturer. At the request of the broker, the buyer applies for a letter of credit. The broker has instructed the buyer that the letter of credit must be transferable. Hopefully the buyer follows these instructions and indicates on the LC application that the LC must be transferable.

The issuing bank, following the instructions of their customer the buyer, issues the LC that contains the clause: “This letter of credit is transferable.” Just what does this mean, and how does it work?

When a letter of credit is transferable, the original or first beneficiary is allowed to transfer all or a part of the value of the letter of credit to a third party, otherwise known as the second beneficiary. In our example mentioned above, the beneficiary is a broker, and they now have the ability to transfer either all or a part of the value of the letter of credit to the actual manufacturer of the goods and can do so without using any of their own line of credit.

The transferring bank, which typically would be either the issuing or advising bank, will actually issue a Transferred Letter of Credit (TLC) and advise it to the second beneficiary. The TLC will look identical to the original LC, with a few exceptions. If the original LC required four documents—a bill of lading, commercial invoice, packing list and certificate of origin—the transferred LC will also contain those same documents and only those same documents.

There are a few things that can differ between the two credits:

  • the value,
  • the unit price if there is one,
  • the expiration date,
  • the period for presentation of documents,
  • the shipment period, and
  • The percentage of insurance coverage if required by the original LC.

In addition, the applicant on the TLC may be shown as the first beneficiary.

If the entire value of the original LC is transferred to the second beneficiary, one could assume that some type of payment was made directly to the original/first beneficiary to compensate them for the transaction. If only a partial transfer was made to the second beneficiary, the original beneficiary retains the right to present their invoice and draft to the bank at the time the second beneficiary is making their document presentation.

The second beneficiary (in our example, the manufacturer) now holds a Transferable Letter of Credit and can anticipate payment if and when they present compliant documents. The second beneficiary is responsible for making the shipment, following the shipping instructions contained in the TLC, and for presenting the required documents to the bank for payment. They are very much in control of the transaction.

Once it is determined that the documents comply, the second beneficiary will receive payment for the value of their invoice less any banking charges. In the event of a partial transfer, the original beneficiary will receive payment for the difference between their invoice and the second beneficiary’s invoice.

This appears to be the perfect solution for a three-party transaction, or is it?

Remember, the second beneficiary has a lot of control. If the shipping documents they present have discrepancies, payment could be refused. Maybe even greater danger, when the second beneficiary is loading the crate and preparing for shipment, they could include a copy of their invoice with a notation that for future shipments please contact them directly, thus cutting the first beneficiary out of any future dealings.

An Assignment of Proceeds

Again, let’s assume that we have a buyer, a broker/middleman, and a supplier/manufacturer. At the request of the broker, a buyer applies for a letter of credit, but this time there is no mention of the letter of credit needing to be transferable. The letter of credit is issued, sent to the advising bank who in turn advises it to the beneficiary, also known as the broker or middle man.

The beneficiary knows that their supplier wants some type of assurance that they will be paid, but the beneficiary wants to maintain a maximum amount of control over the transaction. An Assignment of Proceeds might just be the answer.

Once the letter of credit is received, the beneficiary would approach their bank with the original letter of credit in hand and ask that a specific value of the original letter of credit be assigned to the supplier. For example, if the LC was issued for $45,000, the request for the assignment might be $30,000.

The bank will require the original letter of credit be presented along with the written request for the assignment. The bank needs the original LC so it can endorse the backside of the LC indicating that an assignment has been made to the named party and the value of the assignment. Remember, most letters of credit are freely negotiable, meaning that the beneficiary could present documents to any bank. By endorsing the LC, any bank that might receive documents will know that an assignment has been made.

Once the endorsement is taken care of, the bank will issue a document or letter titled Assignment of Proceeds addressed, in this case, to the supplier. The content of this document will indicate that an assignment of proceeds has been made in their favor with a stated value. It will also indicate that if and when payment is made under the letter of credit, payment will automatically be made under the assignment.

Now that the supplier is holding the Assignment of Proceeds they may feel confident that they will receive payment and release the merchandise to the middleman/beneficiary. If all goes according to plan, the beneficiary arranges shipment, obtains the documents necessary to draw against the LC, presents these documents to the bank, and the bank makes payment to both the beneficiary and to the holder of the assignment of proceeds.

Again, this may sound like the perfect solution for the buyer, broker/middleman and supplier, but could something go wrong with this approach? Unfortunately, yes.

With the Assignment in place, once the supplier turns over the merchandise to the broker/middleman, the supplier does lose control of the transaction. Worst case scenario would be that the supplier goes ahead and ships the merchandise to the buyer but also contacts them proposing that they not use the LC as the method of payment. They might even suggest that instead of the LC, they would be happy to offer open account terms. They may propose that after the buyer has received the merchandise, they could wire transfer payment.

The buyer, not knowing that an assignment of proceeds has been issued, may be thrilled at the prospect of not having to pay their bank an examination fee under the LC and embrace the open account proposal.

Meanwhile, we have the supplier sitting back patiently waiting for payment. After two or three weeks, they may contact the bank asking about the status of payment against the assignment only to hear that documents have yet to be presented against the letter of credit. The supplier will be referred to the line in the assignment of proceeds that payment will be made to them if and when payment under the letter of credit is made.

The supplier then tries to contact the broker/middleman only to find out that the phone has been disconnected, and they appear to have left town. The supplier’s prospect for payment at this point isn’t very good.
For this very reason, suppliers or manufacturers may shy away from this arrangement.

It’s never a perfect world!

We offer these educational articles to help our customers understand the complicated nature of financial industry transactions. If you need help obtaining a SWIFT for a commodity trade transaction, perhaps we can help you. Call us at 1.925.352.6000

 

Sincerely and with gratitude,
Joseph P. Tufo
Certified Cash Flow Consultant, Certified Capital Specialist, Certified Trainer MedXPrime
925-352-6000 Cell 800-669-2700 (USA Only)
https://www.medxprime.com/jptufo Learn about our MedXPrime programs and services
https://www.financialhalo.com/jptufo Learn about MedXPrime/Financial Halo programs and service. Consider enrolling as a new Associate.
https://db202.isrefer.com/go/pfp/a1488/ PFP: Commercial Loans, Business Funding, REEP
http://www.StrydeAdvisors.com/161424 Agent Opportunity: R&D Tax Credits, Expense Reduction
http://www.gmgsavings.net/index.cfm?id=161423 Our Average Client Receives $240,000 in Tax Benefits!
jptufo.worldgn.com Dr Helo The BEST wearable technology for health
Skype: jptufo
MedXPrime, Commercial Loans, Business Funding, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, Accounts Receivable Recovery, PGX Testing, and More...
Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation
Trust, Integrity and Service Here Today Here Tomorrow
You may schedule a visit and meet me in person in the beautiful San Francisco Bay Area

DISCLAIMER:

Cash Flow Specialists, Inc. does not constitute or warrants this to be a solicitation. If you are receiving this information, it is due to previous products and services you have inquired upon, which automatically places you in our systems database. The information is for the purpose of education and discussion only. If you feel you have been solicited or have no interest in this particular product however, wish to remain in our system, please provide the person you work with a list of interest, so we may tailor your financial needs accordingly as well as avoid unwanted emails. Sender is NOT a United States Securities Dealer or Broker or U.S. Investment advisor. Sender is a Consultant and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgment is not accepted, Recipient must return any and all documents in their original receipted condition to Sender. This electronic communication is covered by the Electronic Communications Privacy Act of 1986, Codified at 18 U.S.C 1367,2510-2521, 2701-2710, 3121-3126. Also see:http://www.ftc.gov/privacy/glbact/glbsub1.htm virus Gramm-Leach-Bliley Act 15 USC, Subchapter1, Sec. 6801-6809.

 

#Money Available, #Next Generation Funding, #Funding, # Franchise Funding, #Medical Financing, #Hotel, #Motel, #Resort, #100% Funding, #Commercial Loans, #Commercial Investments, #Business Consulting, #Business Funding, #Commercial Real Estate, #SBLC, #BG, #SWIFT, #Proof of Funds, # Gold, #Silver, #Precious Metals, #Hard Assets,

 

Looking for proof of funds for your next (commodity) trade?

Looking for proof of funds for your next (commodity) trade?

You can have access to amounts between $100,000 to $2 Billion
World Wide, Funds are in a bank account with your name or company name.

CASH FLOW SPECIALISTS, INC. through our business relationships provides Proof of Funds to our clients for credit enhancement purpose. Blocked funds are in an account with the client listed as the funds owner for a pre-determined amount of time.

These can be:

  • Bank Comfort Letters (BCL)
  • Bank statements
  • SWIFT MT799
  • SWIFT MT760
  • SWIFT MT199
  • Bank Guarantees
  • Stand By Letter of Credit (SBLC)
  • VOD (1006)
  • Escrow Accounts (with major escrow companies)

It is important to understand that this is not a loan and the money will never move from the account. It is blocked, but free and clear.

You receive Verification of the funds and proof that the funds are yours (for verification purpose only). There are different ways to verify those funds. Some banks or financial institutions let you go to your local bank or branch. Some have a dedicated National 800 number, while others use online services.

The cost for this service varies according to the POF amount, the type of account as well as the length of time needed to show the funds.

We must be satisfied with your capacity to pay the up front fee for providing Proof of Funds (known as the Arrangement Fee).

Payment of the Arrangement Fee in the form of a “success fee” is not acceptable.

Any use including:

  • Net worth Requirement
  • Facilitate buy / sell arrangements
  • Show of Down payment to get REO offers accepted
  • Bond Requirement
  • Proof of Liquidity
  • Proof of Collateral
  • Reserved or Blocked funds for investments

Minimum of only 1 month with discounts for multiple months.
Brokers paid for referrals!

Proof of Funds Program Highlights:

  • Accounts available from $100K to $2 billion
  • Money Market funds seasoned for six (6) months
  • No Credit Check or Financial Statements Required
  • Funds in an account under client’s name and signature
FAQ:

  • 30 & 60 day accounts, with discounts provided for renewal terms
  • Standard bank Verification of Deposit provided for all accounts
  • Bank accounts opened and confirmed in writing by bank officers
  • SWIFT MT799/760 confirmation option available in Offshore Banks
  • Brokers paid for referrals
Because of our work with leased instruments, we have frequent contact with commodity traders, Private Placement Platform Facilitators and buyers / sellers of “paper”. Since we work directly with these numerous sellers of SBLC, BG, Bonds and MTN’s, we are happy to introduce you to these sources.

Program Highlights

Proof of Funds Program Highlights:

  • amount available ranging from $100K to $2 + billion.
  • Funds seasoned for up to six (6) months.
  • Rates starting at 2% per month.
  • 30, 60 & 90 day accounts, with discounts provided for renewal terms.
  • You have access to the paperwork in less than 24 hours after confirmation.
  • Funds in an account under your name and signature.

Types of accounts:

  • Domestic Brokerage Firm:
  • Domestic Banks:
  • Brokerage Accounts
  • Prime Western Europe Banks:
  • Domestic Hedge Investment (NON BANK)


Types of confirmation

  • Standard verification of deposit (VOD): the customer faxes over a form to the financial institution. They then look up the account information, and fill out a standard form.
  • Bank-to-bank electronic confirmation.
All accounts require full client disclosure and are opened in strict compliance with the provisions of the International Money Laundering Regulations and the US Patriot Act.
Sincerely and with gratitude,
Joseph P. Tufo
Certified Cash Flow Consultant, Certified Capital Specialist, Certified Trainer MedXPrime
925-352-6000 Cell 800-669-2700 (USA Only)
https://www.medxprime.com/jptufo Learn about our MedXPrime programs and services
https://www.financialhalo.net/jptufo Learn about MedXPrime/FH and enroll as a new Associate
https://db202.isrefer.com/go/pfp/a1488/ PFP: Commercial Loans, Business Funding, REEP
http://www.StrydeAdvisors.com/161424 Agent Opportunity: R&D Tax Credits, Expense Reduction
http://www.gmgsavings.net/index.cfm?id=161423 Our Average Client Receives $240,000 in Tax Benefits!
jptufo.worldgn.comDr Helo wearable technology for health
Skype: jptufo
MedXPrime, Commercial Loans, Business Funding, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, Accounts Receivable Recovery, PGX Testing, and More...
Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation
Trust, Integrity and Service Here Today Here Tomorrow
You may schedule a visit and meet me in person in the beautiful San Francisco Bay Area

#Money Available, #Next Generation Funding, #Funding, # Franchise Funding, #Medical Financing, #Hotel, #Motel, #Resort, #100% Funding, #Commercial Loans, #Commercial Investments, #Business Consulting, #Business Funding, #Commercial Real Estate,