Howdy Shoaib,
Here are the primary differences, as well as things in common, in the
programs that the two companies in question offer, and the sources for
that information.
World Source Finance (WSF)
http://www.capitalinfo.biz/terms.html
http://www.capitalinfo.biz/require.html
International Business Consulting (IBC)
http://www.intbuscon.com/information.html
WSF - Must be for commercial or business related purposes.
IBC - Legal, viable commercial projects
WSF - Minimum dollar amount US$500,000.00 or its equivalent
IBC - Minimum dollar amount US$500,000.00 or its equivalent
WSF - Long or Short Term Debt, Equity or Venture Business Capital
IBC - Debt, Equity, combinations of both, Letter(s) of Credit, Leasing,
Factoring, Back to Back Loans, Mergers, Acquisitions, etc.
WSF - 80% to up to 100% of the business value.
IBC - Not stated anywhere I could find.
WSF - Term of 5, 7, 10, 15 or 20 years, 15 to 30-year amortization
schedules.
IBC - From a minimum of 5 years to a maximum of 30 years with 18 month
moratoriums on new construction.
WSF - LIBOR plus a margin from 1.5% to 3.5%. Prime Rate plus a margin
may be used when working with U.S. groups.
IBC - LIBOR plus a margin of 2-3%.
Yes, I would agree that WSF is more likely to handle "unusual or complex or
even most difficult loans" and that IBC will most likely not handle "unusual
or complex or even most difficult loans."
Yes, I would also agree that WSF is more likely to be able to structure a
deal so that 100%/closing/soft costs, etc. are covered, however, I can not
find anything that would suggest that IBC could not structure the same type
of deal with those covered as well.
From looking at the general information available on the IBC site, I would
think that it would be less likely that IBC would do a proposal structured
as such.
Search strategy:
I examined the web sites in question in detail.
Looking Forward, denco-ga - Google Answers Researcher |