What is the purpose of www.firstcarter.com financial organization?

Hello shoaib-ga:

I showed your question to one of my cousins who is a financial analyst
for J.P Morgan; after careful evaluation he concluded the following
from his assessment of the website:

The company lets its customers in getting financing, who need an
investment between 100000 to 100000000, from various non-traditional
resources. These non traditional resources might be Inventory/supplier
financing or overseas capital. The company states that they do private
placements (sale of securities to institutional investors which
doesn’t require SEC registration as long as it is for investing
purpose) or direct loan. The direct loan is said to be financed by
using a property as a security for a loan, commonly known as
collateral. The company also says that the might put their property as
a security if the investors doesn’t have one. This is generally known
as collateral.

He also suggests that the company is a representative of a security
firm, it is not a security firm itself and on top of that it says that
it is a “FCSC is a provider of Collateral -- not a lender” therefore
you might want to do more research on the methods of financing and if
they require something as a security or not. Other than that the
companies they mentioned as their leading financers have their
pseudonyms not actual names which are a matter of concern.

In conclusion before venturing into any business with them make sure
that they don’t require you to guarantee something in return or
provide with a security.

In conclusion, companies like these definitely exist who help their
clients to come out with indirect financings but if I were you I will
get more information before doing any business deal.

Sincerely,
Leader-ga

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Request for Answer Clarification by shoaib-ga on 17 Mar 2003 17:00 PST

Hello leader-ga and many thanks for your beautiful answer but please
provide to me a little more clarification of your answer. I want to
know that www.firstcarter.com international financial organization can
provide to  me 'greater than 100% loan-to-value loan' for purchase of
residential resort property in South America for investment so that I
should be able to 'apply' to that financial organization for that
purpose?

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Clarification of Answer by leader-ga on 18 Mar 2003 06:07 PST

Thanks for clarification. Allow me to do research and I will get back
to you within 48 hours.
Sincerely,
leader-ga

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Clarification of Answer by leader-ga on 21 Mar 2003 06:19 PST

Hello shoaib-ga: 

I am sorry for the delay. As I am not a professional in this field and
only a researcher therefore I have contacted a couple of 
professionals to look at the website and your question. As soon as I
get an answer, I will post it here. If you need it really quick,
please clarify or otherwise I will wait for their answer.Thanks.

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Request for Answer Clarification by shoaib-ga on 24 May 2005 14:41 PDT

Hello Leader researcher I hope you would be fine. Leader researcher
please note that I have placed another request in question ID   524051
 and please note that I need website address of international mortgage
loan company in that question ID and its price is US$ 100 and
according to my opinion that price is sufficient for its answer. Leader 
researcher thanks for that help from Shoaib.

At least one person is not in love with them:

http://pub17.ezboard.com/fdiligizerfrm9.showMessage?topicID=204.topic&index=1

It's not too easy to figure out from their website what the purpose
is.

They do have contact information for their "International
Representatives" listed:

East Africa: A. Odoy-Asoka, Centre for Trade Promotion Ltd. P.O. Box
8219, Kampala Uganda; Tel: 242962 Fax: 0256-41-245597

South East Asia: Jess Villar, Brisbane Trading, P.O Box 281832, San
Francisco, CA U.S.A. 94128 Phone/Fax 415-754-1336

Hawaii and Central Pacific: Fred Redman, Gold Coast Plaza, P.O. Box 5,
Kailua-Kona, Hawaii 96745 U.S.A. Phone 808-322-6618, Fax 808-322-6868
e-mail: konafred@gte.net

South Africa: Danie Meiring, Euro Enterprises, P.O. Box 1905,
Naboomspruit 0560, South Africa, Tel: +27-14-743-1775 Fax:
+27-14-743-3102, email: euro@pop.co.za

Pakistan: Masroor S. Khan, MSK International LLC, Suite 204, Kiran
Plaza, F - 8, Markaz, Islamabad, Pakistan Ph. +92-51-251501, Fax
+92-51-251285, email: msk@isb.apollo.net.pk

Perhaps you can contact them to find out?

Serenata