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The client is located in Afghanistan and Dubai. He has
already secured financing from an Afghani bank. He wants to develop a
relationship with a transnational bank. Dubai is natural because he has
an office there. The U.S. is also fine but he didn’t want to deal
with the time consuming process of getting a visa to come here. Hence
Dubai. Haytham Faraj, Esq. PUCKETT & FARAJ, PC _______________________ WASHINGTON DC METRO 1800 Diagonal Road Suite 210 Alexandria, VA 22314 703-706-0442 Phone DETROIT METRO 6200 Schaefer Road Suite 202 Dearborn, MI 48126 313-457-1390 Phone 202-280-1039 Fax The information contained in this electronic message is
confidential, and is intended for the use of the individual or entity named
above. If you are not the intended recipient of this message, you are hereby
notified that any use, distribution, copying of disclosure of this
communication is strictly prohibited. If you received this communication in
error, please notify Puckett & Faraj, P.C. at 888-970-0005 or via a return
the e-mail to sender. You are required to purge this E-mail
immediately without reading or making any copy or distribution. From: Ghassan Hitti
[mailto:ghitti@gmail.com] Hi there, My company does not do this
kind of financing. Your best bet is a line of credit from a bank.
Unfortunately, for that kind of money (I assume you mean USD 120 million) you
would need some kind of relationship with a commercial bank. I can ask around
to see if anyone does this from my contacts here. A couple of
questions though, where is your client located? is it a US company or some
other domicile? Why does he need a UAE bank to provide financing, why not a US
bank? On Mon, Aug 23, 2010 at 8:06 PM, Haytham Faraj <haytham@puckettfaraj.com>
wrote:Un Hi
Ghassan, I
have a client that we are putting a U.S. Government oil contract for. The
money is guaranteed because the U.S. Government is the purchaser. I need
to help him raise additional capital to cover the 30-60 days between his
payment to the refinery and his receipt of payment from the U.S.
Government. The Government contract can be drafted to pay the financier
directly based on the parties agreement. Please advise if your company
does these types of deals. If not, I would appreciate a name of a fund of
a bank in the UAE that may be interested in this type of deal. The
contract we’re currently working on is worth about $120. He would
need to raise about 80-90% of the contract value. Haytham Faraj, Esq. PUCKETT & FARAJ, PC _______________________ WASHINGTON DC METRO 1800 Diagonal Road Suite 210 Alexandria, VA 22314 703-706-0442 Phone DETROIT METRO 6200 Schaefer Road Suite 202 Dearborn, MI 48126 313-457-1390 Phone 202-280-1039 Fax The information contained in this electronic
message is confidential, and is intended for the use of the individual or
entity named above. If you are not the intended recipient of this message, you
are hereby notified that any use, distribution, copying of disclosure of this
communication is strictly prohibited. If you received this communication in
error, please notify Puckett & Faraj, P.C. at 888-970-0005 or via a return
the e-mail to sender. You are required to purge this E-mail
immediately without reading or making any copy or distribution. |