Montecito Ventures Inc. ("MVI") has been formed as an investment consulting firm for the entertainment industry.
November 20, 2006 (Press Release) --
Montecito Ventures is a California corporation and has recently been formed to fill a niche in funding solutions for business, specifically the entertainment industry.
The most attractive product we have currently available is the ability to secure loans for entrepreneurs ($2 million minimum). These loans are secured by letters of credit issued by an investment-grade institution (BBB credit minimum). The entrepreneur needs to provide the letter of credit and our investment banker will provide a loan which can have the first payment deferred up to four years (if the LC has principal and interest security).
Time to close: approx. 2 weeks.
Another option we have available is the ability to provide a principal protection vehicle for an entrepreneur's investment capital. This comes in the form of a AA-rated insurance contract that is structured as a zero-coupon bond.
The most attractive product we have currently available is the ability to secure loans for entrepreneurs ($2 million minimum). These loans are secured by letters of credit issued by an investment-grade institution (BBB credit minimum). The entrepreneur needs to provide the letter of credit and our investment banker will provide a loan which can have the first payment deferred up to four years (if the LC has principal and interest security).
Time to close: approx. 2 weeks.
Another option we have available is the ability to provide a principal protection vehicle for an entrepreneur's investment capital. This comes in the form of a AA-rated insurance contract that is structured as a zero-coupon bond.
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