Rent a Rich Uncle – Unlocking Access to Global Capital

Do you currently need help with capital and limited financing options? Here are some everyday struggles you may be experiencing:

• Delayed project timelines due to a need for more access to the necessary capital.
• Stalled business growth prevents you from taking advantage of new opportunities and expanding your business.
• A strain on your personal and business finances can be overwhelming and negatively impact your ability to succeed.
• Difficulty attracting clients to your projects, leaving you without the necessary funding to move forward.

If you’re facing any of these challenges, don’t worry – you’re not alone. 

Welcome to Rent a Rich Uncle, where we provide an innovative solution to help clients access capital that traditional banks and brokers cannot offer.

Our program involves purchasing courtesy deposits (CDs) from local FDIC-insured banks in exchange for funding our clients’ projects. 

Here are the program details:

1. Our program allows us to fund projects globally by purchasing courtesy deposits from international banks with a corresponding FDIC-insured bank in North America.
2. Clients can access their funds within 72 hours of our capital being deposited into their bank account, subject to certain conditions.
3. Clients can easily access up to two hundred million dollars ($200 million).

Conditions:

1. The bank cannot hold our courtesy deposits (CDs) as collateral, and the client must receive the requested amount of capital.
2. We need the international bank to have a corresponding bank in North America that is FDIC insured to participate.
3. Participating companies must seek access to capital between one million and two billion dollars ($1,000,000.00 – $200,000,000.00).
4. If the client is in the US and has a sound project and cannot identify a bank willing to take our funds to provide a courtesy deposit and then use our funds to finance the project, we may be able to assist the client in finding a bank that will.

1. Good credit history and experience in the area they require funding.
2. A solid business plan.
3. A financial institution that is ready, willing, and able to complete the transaction on condition that AltFunds Global or our financial partners purchase courtesy deposits from the institution.
4. A financial institution that has agreed to fund the client the required amount of capital for their project and has agreed not to hold the courtesy deposits nor the cash that AltFunds Global is putting up at the financial institution as collateral.
5. Unencumbered assets to the same value as the required loan amount for the bank to secure against.

When a “Rich Uncle” puts up its capital at a financial institution as a deposit (not collateral), the financial institution’s liquidity increases, and often the term sheet the client gets is significantly better compared to not having a rich uncle putting up their capital.

1. Participating customers must first schedule a consultation call.
2. After the consultation call, the client will receive the initial paperwork:

• CIS / KYC (Customer information sheet / Know your client)
• Mutual NDA NCA Agreement
• Joint Venture Agreement

3. Following the consultation call, the client is required to find a financial institution that has agreed to fund the client’s project on the assumption that AltFunds Global or its financial partner can purchase courtesy deposits from the bank. The lender must agree that our funds nor courtesy deposits are ever held as collateral. 
4. Once the lender has been identified, AltFunds Global will contact the bank to ensure our courtesy deposits are not held as collateral. Once everything checks out, AltFunds Global will provide the required paperwork for the client to sign (ensuring the client acknowledges that AltFunds Global’s capital is not held as collateral) and sign any of the required paperwork from the lending institution. 
5. The client is required to have our fees at their law firm, and once AltFunds Global deposits the required capital into the lender’s bank, AltFunds Global will provide proof that the funds have been sent and will require the law firm of the client to pay fees due to AltFunds Global.

• CIS / KYC (Customer information sheet / Know your client).
• Mutual non-disclosure, non-circumvent agreement (NDA /NCA).
• A signed fee agreement for services rendered.
• A common sense and professionally written business plan.
• Lending Locator Services if AFG is required (and has agreed) to find a lender.
• Proof of funds for the 12% fee and Lender locator fee is required.
  
• Banks/Lenders Checklist: Click here to view a checklist of what Banks / Lenders are looking for.

• 1.5% of the loan amount or $37,500, whichever is greater, to source a written offer from lenders. If we are unsuccessful in obtaining a written offer, the $37,500 is non-refundable.

• A one-time fee of 12% when purchasing a 2-year CDS. Additional terms beyond two years require a separate agreement.

10% of AFG’s profit share for any direct referrals and 5% of of AFG’s profit share for any direct referrals that introduce clients.

• 30 banking days from the date final contracts have been signed with the lender

Notice to Prospective AltFunds Global Corp Clients

This website serves as a formal legal disclaimer, defining the operational and legal guidelines under which AltFunds Global Corp engages with its esteemed clientele. Our guiding principle is to ensure transparency and clarity, empowering our clients with all necessary information for their financial dealings with us.

Comprehension of Your Financial Engagements

We’d ask all clients to involve their business consultants or legal representatives in transactions actively. This is crucial for a thorough understanding of their engagements’ specific details and implications. AltFunds Global Corp is committed to providing straightforward and precise information to aid in your decision-making process.

Client Financial Obligations

Please remember that the client is responsible for all bank-related charges, legal fees, and tax liabilities incurred during transactions. This clarification is intended to ensure that clients are fully aware of their financial commitments.

Licensing and Compliance

AltFunds Global Corp operates through a registered dealer broker duly licensed under the regulations of the SEC and FINRA. While AltFunds Global Corp is not a licensed dealer broker, we are dedicated to upholding the highest service standards within the confines of the jurisdictions where our digital content is consumed, and our publications are available. Our commitment to excellence and adherence to securities laws across various jurisdictions remains steadfast.

Strategic Partnerships for Enhanced Compliance

AltFunds Global Corp collaborates with licensed dealer brokers and specialized legal firms across different jurisdictions to ensure adherence to regulatory requirements and offer top-notch services. This approach allows us to furnish our clients with expert advice and tailored solutions, ensuring compliance with the pertinent laws and regulations.

AltFunds Global Corp’s Dedication

Our goal extends beyond mere transactions; we want you to be a key partner in reaching your business objectives. By harnessing our vast experience, resources, and innovative solutions, AltFunds Global Corp stands ready to assist you in reaching your strategic goals. Our unwavering commitment to compliance, transparency, and exceptional client service establishes us as your partner of choice in the structured financing domain.

AltFunds Global Corp invites you to embark on a journey of financial partnership defined by integrity, expertise, and a deep commitment to your success.