Whether successfully fuelling day-to-day operations with a line of credit, or requiring a more complex financing solution to meet long-term goals, Ming Fong Finance Company Limited has both the comprehensive suite of credit and financing solutions and the specialized expertise to meet your business or industry specific needs.
As a business owner, there are times when you need extra cash. Our Working Capital Lines of Credit can help you take your business up a notch by bridging the gap between the tasks you need to do and the cash flow you need to get them done.
Choose from a variety of our Bank Guarantees and Standby Letter of Credits to help you with everything from seasonal purchases to major expenses.
With our Working Capital Lines of Credit, you will get the cash flow you need to support your daily operations, we have got a loan or line of credit that can help take your business to the next level to meet your immediate, seasonal and ongoing working capital needs.
Ming Fong Finance Company Limited are experts in the Monetization of Bank Guarantees (BG) and Standby Letter of Credit (SBLC).
Since 1973, we have built long term, trusted and reliable direct relationships with proven providers and monetizers who offer a complete range of Non-Recourse Loan programs where our bank guarantee and standby letter of credit can be monetized for Cash Placed into Trade Programs PPP (Private Placement Programs) or a Hybrid for immediate cash and funds in a Trade Program.
BG and SBLC that can be Monetized include bank financial instruments from Top rated AAA Bank Instruments with high monetery values.
We Provide Non-Recourse Loans from top rated AAA Bank against Bank instruments as a security to the loan, we are also running a program on Non-Recourse loan where we merge both BG provider and Lender together in favour of the Borrowers who do not have BG or collateral for the loan, this program is specifically to provide BG (Collateral) to those clients that do not have the facility to provide BG as collateral to the loan, whereby the BG will be leased on behalf of the borrower.
The most interesting part of Ming Fong Finance Company Limited transactional procedure is that you will be giving the privilege to pay for the leasing and monetization fees of the BG after you have received and confirm the loan amount in your bank account, by this way our company secures both the BG (Collateral) and Loan amount for you.
Ming Fong Finance Company Limited have direct and efficient international providers of Bank Guarantee (BG) and Standby Letters of Credit (SBLC) from AA top rated banks. If you are a potential Investor or principal looking to raise capital, we will be happy to answer any questions that you have about this opportunity and to provide you with details regarding these services.
Our BG/SBLC financing can help you get your project funded, by providing you with yearly renewable leased bank instruments. We work directly with the providers of these bank instruments. Leased Instruments can be obtained at minimal costs from our lessor compared to other banking finance options. This offer is open to both individuals and corporate organizations.
If you need Corporate loans for your International project funding or if you have a client that requires funding for his project or business, We are also are lenders that specialize in funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument. We have internationally tested, trusted and reliable providers that are ready, willing and able of delievring Fresh Cut BG, SBLC and MTN which are specifically for lease from top rated AA Banks, our bank instrument can be engaged in PPP Trading, Discounting, signature projects such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects.
Due to the large amount of brokers in the business it makes it tough to ever find a real leased asset source. We work patiently and constructively with management teams and with a deep respect for operational excellence.
We hold ourselves and all of our portfolio companies and management teams to the highest ethical standards and business practices. Ming Fong Finance Company Limited believes that strong corporate governance is the cornerstone of our business.
We also work closely with the management throughout the transaction by showing them real commitment while assisting with many key corporate initiatives including acquisitions and restructuring to successfully increase profitability.
A letter of credit is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
Ming Fong Finance Company Limited represents a private equity funds that provides Proof of Funds / Verification of Deposits for short or long-term uses. We are the sole representative of the fund, so there is no broker chain involved. The funds are utilized to provide Proof of Funds accounts at a predetermined fixed return-on-investment. We ensure that our clients will not have to give up any ownership positions in their projects or trades. However, joint ventures are considered on a case by case basis.
In doing business internationally we have found that the majority of deals or procurement request never close because there are either too many brokers involved or there is an agent protecting the identity of their buyer. We eliminate this confusion because in our business we rely on our direct relationships with our suppliers and manufacturers and if you are looking for a business loan, commercial real estate loan, or looking to raise equity for a commercial project, you are likely going to work with a commercial loan broker to raise the capital. This addresses the quandary known as the broker chain. If a broker chain is formed to find a source for funding a project, the process is likely to be impeded by weak links in the chain.
We are committed to fostering long term relationships with our borrowers, brokers, and investors and offer a range of products to meet your financing needs, Inquiries from financial brokers and intermediaries are also welcome.