Financing Business Across Borders

Transcription

1 Financing Business Across Borders Emerging Market Projects U.S. Equipment Exports U.S. Trade Capacity Expansion Foreign Investment in U.S. Foreign Sales to U.S. Term loans for businesses and projects throughout Latin America, Asia, Eastern Europe, and Africa Terms loans for overseas buyers of new U.S.-made equipment, technology and services Term loans for U.S.-based commercial/industrial projects boosting trade competitiveness Term loans for acquisitions, operations, joint ventures, and distribution in the United States Term loans for U.S. purchases of new foreign-made equipment, technology and services 1 WorldBusiness Capital, Inc. One State Street Online Suite 2350 at Hartford CT USA Phone: Fax:

2 About Us WorldBusiness Capital, Inc. (WBC) is a commercial finance company that offers flexible term loans helping small and midsize businesses compete in the global marketplace. Founded in 2003, we are a direct lender staffed by multilingual professionals with many years of experience in cross-border trade and project finance. Our team has a proven track record of successfully closed loans around the world. Mission We lend to businesses in many sectors: Manufacturing & Distribution Packaging, Food Processing & Agribusiness Logistics & Transportation Renewable Resources Financial Institutions We offer flexible uses of loan proceeds: Facility Construction & Acquisition Equipment Purchases Working Capital & Debt Refinancing Corporate Buyouts & Acquisitions Joint Ventures Contents 3...Loan Programs 6... Our Team & Directors 7... Market Map 8... Company FAQ s Attention Advisors! 2 WorldBusiness Capital, Inc. One State Street Suite 2350 Hartford CT USA Phone: Fax:

3 Term Loans for Emerging Market Projects, Corporates & Financial Institutions WorldBusiness Capital, Inc. offers loans of $3 million to $10 million with a repayment schedule of up to 10 years for projects, corporates, and financial institutions that are located in emerging markets throughout Latin America, Asia, Eastern Europe, and Africa. Loan Programs Priority Sectors Projects & Corporates: Packaging, Food Processing & Agribusiness Logistics & Transportation Manufacturers of Equipment, Components & Products used for Renewable Resources Independent Dealers of Equipment & Spare Parts Priority Sectors Financial Institutions: Small & Midsize Commercial Banks Equipment Leasing & Rental Companies Non-Bank Commercial Finance Companies WBC is an approved guaranteed lending partner of Overseas Private Investment Corporation (OPIC). Term Loans for Overseas Buyers Of New U.S.-Made Equipment WorldBusiness Capital, Inc. offers loans of $250,000 to $10 million for overseas buyers of new U.S.-made capital equipment, technology, and related services that are located in Latin America, Asia, Eastern Europe, and Africa. Overseas buyers may include equipment end-users, leasing companies, and rental companies. WBC s loans generally have a repayment schedule of up to 5 years; longer repayment schedules are available for environmental and medical equipment. Eligible Equipment: Agricultural Construction Environmental General Aviation Industrial Material Handling Medical Mining Packaging Power Generation Processing Telecommunications Transportation Other Non-Military Equipment WBC is an approved guaranteed lending partner of the Export-Import Bank of the United States (Ex-Im Bank). 3 Online at

4 Loan Programs Term Loans for U.S. Rural Business & Industry This is the text WorldBusiness Capital, Inc. offers loans of $1 million to $10 million with a repayment schedule of up to 10 years for U.S. small and midsize businesses and projects that are located in ex-urban areas of the United States and have financing needs and expansion plans for cross-border trade and investment. Our term loans complement new and existing short-term, asset-based revolvers provided by other lenders subject to an Intercreditor Agreement. WBC Loans Complement: Accounts Receivable Financing Purchase Order Financing Short-Term Inventory Financing Bridge Loan Financing WBC is an approved guaranteed lending partner of the U.S. Department of Agriculture (USDA). Term Loans for China-U.S. Trade & Investment WorldBusiness Capital, Inc. offers loans of $250,000 to $10 million for Chinese buyers of new U.S.-made equipment, technology, and related services (up to $50 million for new U.S.-made small aircraft) with a repayment schedule of up to 10 years. In addition, WBC offers loans of $1 million to $10 million with a repayment schedule of up to 10 years for Chinese businesses to expand in the United States. WBC s loans may complement other sources of debt and equity capital. Eligible Investments in U.S.: Acquisition of U.S. Companies/Assets Set-Up & Expansion of U.S. Operations Joint Ventures with U.S. Partners Building a U.S. Distribution Network WBC is a member of the U.S.-China Business Council. 4 WorldBusiness Capital, Inc. One State Street Suite 2350 Hartford CT USA Phone: Fax:

5 Term Loans for India-U.S. Trade & Investment WorldBusiness Capital, Inc. offers loans of $250,000 to $10 million for Indian buyers of new U.S.-made equipment, technology, and related services (up to $50 million for new U.S.-made small aircraft) with a repayment schedule of up to 10 years. In addition, WBC offers loans of $1 million to $10 million with a repayment schedule of up to 10 years for Indian businesses to expand in the United States. WBC s loans may complement other sources of debt and equity capital. Loan Programs Eligible Investments in U.S.: Acquisition of U.S. Companies/Assets Set-Up & Expansion of U.S. Operations Joint Ventures with U.S. Partners Building a U.S. Distribution Network WBC is a member of the U.S.-India Business Council. Term Loans for Mexico-U.S. Trade & Investment WorldBusiness Capital, Inc. offers loans of $250,000 to $10 million for Mexican buyers of new U.S.-made equipment, technology, and related services (up to $50 million for new U.S.-made small aircraft) with a repayment schedule of up to 10 years. In addition, WBC offers loans of $1 million to $10 million with a repayment schedule of up to 10 years for Mexican businesses to expand in the United States. WBC s loans may complement other sources of debt and equity capital. Eligible Investments in U.S.: Acquisition of U.S. Companies/Assets Set-Up & Expansion of U.S. Operations Joint Ventures with U.S. Partners Building a U.S. Distribution Network WBC is a member of the American Chamber of Commerce of Mexico. 5 Online at

6 Our Team Brett N. Silvers President and Chief Executive Leslie A. Galbraith, CPA Executive Vice President and Chief Financial Robert D. Monyak Executive Vice President and Chief Brendan T. O Donoghue Senior Vice President and Chief Credit Marianne P. Smith Senior Vice President - Operations Joseph Raycraft Senior Vice President - Scott T. Freiday Senior Vice President - Ricardo E. Croes Senior Vice President - Rohit Choudhary Tom (Xuetao) Wang Juan A. Araujo Credit Mark Filozov Credit George Thompson Credit Rainé A. Pedersen Finance Deborah C. Leonard Business Manager Board of Directors Richard H. Booth Vice Chairman Guy Carpenter & Company, LLC R. Nelson Griebel MetroHartford Alliance Robert D. Monyak Executive Vice President WorldBusiness Capital, Inc. 6 Michael Carter Managing Director Carter Morse & Mathias Leslie A. Galbraith Executive Vice President WorldBusiness Capital, Inc. Walter Harrison President University of Hartford Laura H. Hills, Esq. Managing Partner Hills, Stern & Morley LLP Brett N. Silvers President and WorldBusiness Capital, Inc. WorldBusiness Capital, Inc. One State Street Suite 2350 Hartford CT USA Phone: Fax:

7 Financing Business Across Borders Closed Deals & Target Markets Worldwide Armenia Azerbaijan Brazil Bulgaria China Colombia Costa Rica El Salvador Georgia Ghana Guatemala Honduras India Indonesia Korea Mexico Moldova Nicaragua Panama Peru Philippines Poland Russia Senegal South Africa Turkey Ukraine United States Uruguay Vietnam Market Map Priority Sectors Agribusiness Distribution Financial Food Logistics Manufacturing Packaging Renewables Transportation 7 Online at

8 Frequently Asked Questions Company FAQs 1. What type of business is eligible for a loan from WorldBusiness Capital, Inc. (WBC)? WBC is a direct lender that offers term loans for small and midsize businesses with an existing or planned international aspect to their operations such as exports, imports, or cross-border direct investment. Our borrowers generally have annual revenue in the range of $10 million to $150 million. We focus on lending to businesses in asset-intensive sectors such as manufacturing, distribution, logistics, transportation, agribusiness, food processing, packaging, renewables, equipment leasing, and commercial finance. All borrowers must have some form of U.S. affiliation as defined below: Headquarters/primary operations located within the United States Headquarters/primary operations located outside the United States, but significant operations located within the United States Significant ownership stake held by U.S. business, investment fund, or citizen Leading management or board role played by a U.S. citizen. Long-term trade, licensing, or services agreement with established U.S. party 2. Where does WBC make loans? WBC offers term loans for businesses and projects located in emerging markets throughout Latin America, Asia, Eastern Europe, and Africa. In addition, WBC offers term loans for businesses and projects located in qualifying ex-urban areas of the United States, which include many suburban areas and some cities in addition to rural areas. Just provide WBC with the location of your business/project, and we will let you know immediately if it is eligible for one of our loan programs. 3. What is the repayment schedule of a WBC loan? WBC offers term loans with a repayment schedule of 3 to 10 years. We do not offer short-term revolving lines of credit. However, our loans may complement new or existing short-term, asset-based credit lines for accounts receivable and purchase order financing provided by other lenders. 4. What is the cost of WBC s financing? The cost of WBC s loans is attractive compared with other forms of term financing available to SMEs and their principals such as mezzanine debt and equity. Loans to overseas-based borrowers are generally tied to LIBOR and adjust quarterly or semi-annually. Loans to U.S.-based borrowers are generally tied to and adjust with the U.S. Prime Rate. Fixed interest rate options are available under most of our programs. The all-in cost will depend on the amount, term and structure of the loan, as well as on the credit strength of the borrower and project. Following a preliminary review, WBC will provide a prospective borrower with an estimate of loan costs. 8 WorldBusiness Capital, Inc. One State Street Suite 2350 Hartford CT USA Phone: Fax:

9 Frequently Asked Questions 5. Does WBC require collateral for a loan? Yes, WBC s loans are generally secured by first liens on borrower assets related to the use of proceeds. To support a term loan, collateral may include short-term and intangible assets and intellectual property with reasonable independent valuations in addition to fixed assets. Company FAQs 6. Does WBC require a borrower to provide significant equity rights and board seats? WBC s loans preserve existing shareholder ownership and control, making our loans very attractive for family-owned and private equity-controlled businesses. We do not generally require seats on a borrower s board of directors. 7. How long will WBC take to review our loan request, and if approved, close the loan? WBC will let you know within 7 business days following our receipt of a business plan (including financial information) if we are interested in considering the loan, and if so, what additional information is necessary for us to underwrite the loan. From the time we receive all of the necessary information and approve the loan internally, WBC targets a loan closing within 30 to 90 days, depending on which of our loan programs best fit your needs. 8. Do I need an attorney to close a loan from WBC? Yes, we recommend that you engage an attorney to advise you through the closing process. WBC s experienced lending team, qualified transaction counsel in many jurisdictions, and standard form documents help minimize legal expenses for a loan transaction. In most cases, attorneys fees and other closing costs may be financed with loan proceeds under our programs. 9. Does WBC finance start-up businesses? WBC does not generally finance start-up businesses. However, we will consider financing for a greenfield project undertaken by an existing business to develop new products and/or geographical locations. If your loan request does not fit within WBC s loan programs, we will refer you to another financing source that is better-suited to meeting your needs. 10. How do we apply to WBC for a loan? In order to conduct an initial evaluation of your loan request, WBC requires a comprehensive business plan, ownership information, 3 years of fiscal financial statements plus the most recent interim financial statements, and details regarding the proposed loan amount and use of proceeds. To begin an active dialogue with WBC, we recommend that you either directly a member of our team or complete and send the Message Form (under Contact Us ) on our website. WBC will most likely require additional information as our evaluation proceeds. 9 Online at

10 Financial Consultants and Advisors Attention Advisors! WorldBusiness Capital, Inc. works closely with the professional business advisors of prospective borrowers (including investment bankers, business and financial consultants, and accountants) to design an optimal term loan structure that meets your clients needs: Advisor is engaged by the prospective borrower Advisor assists the prospective borrower with its business plan with projections WBC addresses Letter of Intent to both advisor and prospective borrower Advisor s retainer and success fees may be financed by WBC and disbursed at closing to assure timely payment WBC s loans preserve existing shareholder ownership and control, making our loans very attractive for family-owned and private equitycontrolled businesses Advantages of working with WBC include our cross-border lending expertise, flexibility to finance many types of transactions and projects, and proven track record of successfully closed deals around the world 10 WorldBusiness Capital, Inc. One State Street Suite 2350 Hartford CT USA Phone: Fax: