We provide Proof of Funds for our clients who need to finish their business acquisition or other transaction and would like to indicate greater financial strength.

Overview

This is not a loan, however, it is not just a piece of paper. Our proof of funds are real accounts with actual cash-backed deposits. Sometimes Proof of Funds is called 'leased funds' or a 'cash collateral' account. We simply arrange an account in your name or your company's name at our bank. We then deposit the required amount of funds into that account. We remain the sole signatories on the account. We will open the new account, and the money will never move from the account. The account will be in your name for 30 days. Extensions are available. We also offer special pricing for those needing Proof of Fund accounts for length of one or more year.

Proof of Funds Application Process Is Painless and Easy

These are true cash collateral accounts.

• NO background check.
• NO credit report.
• NO credit scores.
• NO Business plan.
• NO Executive summary.
• NO LTV ratio.
• NO real estate appraisal.

What could be simpler?

The Proof of Funds is valid for the 30-day period stated and may be extended.

The Perfect Proof of Funds Solution

For most balance sheet enhancement needs, a simple Proof of Funds is the perfect solution.

Set-up time to after a fully executed package is received and funds are in escrow is 3-5 days. Our funds providing investors work with top 25 banks, primarily in the US. The accounts and banks are recognized worldwide and pass through any and all compliance and due diligence tests.

Don't need all the bells and whistles? Just need a simple VOD and phone/fax confirmation? Either way we have solutions for you.

The Necessity of an Upfront Arrangement Fee

This is typically a "funds first" transaction. Because of the considerable costs involved in providing Proof of Funds we cannot initiate the procedure without an upfront fee. We will only accept a delay of payment until your other transaction closes in rare cases, and in those cases our fee will double or triple.

The fee is paid into a third-party escrow account so you are protected. You remain in control of the funds until you verify the account and balance exists.

We use a third-party escrow company as the escrow agent. Fees need to be deposited into an escrow account prior to bank account creation. Once you receive the bank account letter, you then authorize the release of the fees held in escrow. This ensures that all parties perform as agreed.

Easy to Apply

To start submit a Funding Request below:

SWIFT (bank-to-bank) Proof of Funds

Your account and verification needs may be more complex. The bank-to-bank POF accounts include ability to do a MT760, MT799, or MT999. 

Proof Of Funds SWIFT Overview

For Any $10M+ Proof of Funds

S.W.I.F.T. ("Society for Worldwide Inter-bank Financial Telecommunication") provides mechanisms for electronic inter-bank messaging and funds transfer. SWIFT messages are used legitimately to conduct business between transactional partners.

An account with the SWIFT MT999 capability allows bank-to-bank SWIFT electronic verification for Proof of Funds in the account, with no further comment. This SWIFT format is an appropriate message for a simple Proof of Funds communication and it is part of the Common Group of SWIFT formats providing a General Free Format for SWIFT messaging.

An account with the SWIFT MT799 capability allows bank-to-bank SWIFT electronic verification for Proof of Funds in compliance with the SWIFT Category 7 "Treasury Markets & Syndication" message types. Often there is a misconception that a particular circumstance requires a SWIFT MT760 message, when in fact, the SWIFT MT799 format provides the required bank confirmation for the application.

An account with the SWIFT MT760 capability allows bank-to-bank SWIFT electronic verification of the account, and will include a blocked funds provision. There is no other bank guarantee provision available in the SWIFT instructions.

SWIFT MT542 messages are related to a SKR (Safekeeping Receipt) and related collateral. Our POF service does not accomodate these message types.

Whatever your funding needs, from a simple letter of credit to more complex financing solutions, Please fill out the form below today.