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June 01, 2007
ATI Funding Announces New Developments in Financing for Foreign Governments and Companies.
Financing important commercial projects in developing countries has usually meant paying interest rates far in excess of what similar projects in the USA would incur. But no more. Foreign companies and governments are now able to borrow cheap money in US Dollars to finance equipments and construction projects without collateral. And US Companies are now able to finance equipment to export overseas at low rates.
Miami, Florida (PRWEB) May 31, 2007 -- ATI Funding announces new developments in financing for foreign governments and companies. revolutionary financing does not require collateral for their equipment and construction loans. Financing important commercial projects in developing countries has usually meant paying interest rates far in excess of what similar projects in the USA would incur. But no more. Foreign companies and governments are now able to borrow cheap money in US Dollars to finance equipments and construction projects. And US Companies are finally able to finance equipment to export overseas at low rates.
In fact, many foreign countries can receive a 'financial bonus' when borrowing from US lenders according to Vince Defauwes of ATI Funding.
"With the US Dollar falling like a rock, many of our borrowers are realizing significant savings on their loans." commented Defauwes of ATI Funding, "A year ago, one US Dollar bought 0.81 Euros. Today it buys .073 Euros. That's almost a 10 percent drop."
"If you borrowed US$1 million (810,000 Euros) a year ago, when you went to repay it today, you would be writing a check for 730,000 Euros.", according to Defauwes, "that's a nice 80,000 Euros saving."
The long term trend for the US dollar remains downward. A fact which made the cover of a recent Newsweek edition. This downward US Dollar trend will likely continue until the US Government addresses it Trade and Budget deficits.
Until then, Local and national governments, state run businesses such as hospitals, airports, universities, or ports, along with residential and commercial developers and other well run businesses should review their borrowing needs and where they finance their projects.
Major factors to consider when financing or refinancing your projects are whether you are paying over 6.5% interest annually right now, if your payments are monthly or bi-annual, how much collateral is required if any.
Furthermore, US companies exporting equipment overseas can now benefit from similar loans, something unheard of to this day.
About ATI Funding , http://www.atiloans.com . ATI Funding is a private international lender that specializes in loans from US $3 million to $2 Billions for industrial machinery, construction, hospitals, mines and equipment at reasonable interest rates to all levels of government, state-run industries as well as private developers and enterprises.
Contact Information:
Vince Defauwes or Eddy Elbarki
ATI Funding
One Turnberry Place
19495 Biscayne Blvd.
Suite 708
Aventura,
FL 33180
1-888-70-FUNDING
http://www.atiloans.com
Posted by Industrial-Manufacturing at June 1, 2007 12:20 AM