Frequently Asked Questions

Frequntly Asked Any Questions

  • Is STARTpro Ltd willing to explore alternative proposals that do not involve utilizing government-backed guarantees or investments in government-led initiatives?
    Yes, we are open to reviewing alternative proposals; however, any security or collateral provided must be recognized internationally and carry a credible rating from a globally accepted entity.
  • How adaptable is STARTpro Ltd regarding its investment strategy and specific requirements?
    The company operates efficiently, provided the collateral or security is authenticated through a recognized bank transmission. The release of project or investment funds depends on the successful verification and validation of the final security or collateral documents through the company’s authorized banking partners. Before the actual fund transfer, a pre-advice message from the company’s banking institution will be forwarded to the receiving bank. This pre-advice ensures that the funds are of a legal, clean origin, free of any criminal associations. This step serves as a mechanism for the recipient institution to confirm its acceptance of STARTpro Ltd's funds, which will then be used to finance their project or venture. After the recipient entity (whether a government agency or private bank) acknowledges and formally approves the pre-advice, the process for an unconditional transfer of funds will begin. The group's banking partners will manage the transaction, ensuring it is facilitated through secure bank-to-bank messaging and legal fund transfer documentation.
  • Are investments made by STARTpro Ltd in hard currencies or local ones?
    Initial investments typically come in hard currency (such as USD or EUR). In certain circumstances, repayment in local currency may be considered, especially if it aligns with opportunities for reinvestment or continued financing within the same country or region where the original funds were allocated.
  • What are the steps for applying for funding through STARTpro Ltd?
    The initial step requires submitting a Letter of Intent (LOI), followed by a Ready, Willing, and Able (RWA) document provided by the applicant or project sponsor. STARTpro Ltd will then issue a comprehensive Term Sheet or proposal. Once the terms are agreed upon and the Term Sheet is signed, the next step involves finalizing the loan agreement, with all procedures outlined in the Term Sheet being followed accordingly.
  • Would STARTpro Ltd accept a guarantee sponsored by the World Bank as a substitute for a government-backed guarantee?
    No, we do not consider this as an acceptable alternative.
  • Would STARTpro Ltd be open to financing the acquisition of a publicly traded but unlisted company, privately owned, and without a government guarantee?
    Yes, this is a possibility. However, a Bank Guarantee or Standby Letter of Credit (SBLC) must be provided and must be renewed annually until the loan is fully paid off.
  • Why is a government guarantee essential in STARTpro Ltd’s investment process, and how would this structure typically be organized?
    The group’s capital is available for extended periods, potentially up to 30 years for government projects. Given this extended timeline, there are numerous risks, including political instability, project failure, bankruptcies, and shifts in governmental policies. To address these risks, it is critical to have a robust international security agreement. STARTpro Ltd does not involve itself in the actual management or execution of the project, nor does it act as a beneficiary. Its role is purely as a funding provider, with no direct or indirect involvement in the project itself.
  • Does STARTpro Ltd focus on specific sectors, industries, or geographical regions?
    No, each project is reviewed on a case-by-case basis. We tend to prefer projects with longer development periods, particularly those where attracting commercial funding has proven challenging. For government-sector projects, there are no specific conditions, provided the government assumes responsibility for monitoring its own project's performance and cash flow.
  • What are the terms, duration, and costs associated with investments from STARTpro Ltd?
    The investment duration can extend up to 30 years for government projects and a maximum of 20 years for private sector initiatives. There is typically a grace period on principal repayment, which may extend for the entire duration of the loan, though no grace period is provided for interest. Interest payments must be made either annually or biannually, depending on the agreed terms. Interest rates range from 2% to 5% annually, with the rate fixed for the duration of the loan. There are no additional or hidden costs. Unlike some lenders, there are no LIBOR-linked adjustments. It is possible to place the security document in a recognized international bank for safekeeping until the transaction is fully concluded.
  • What financial instruments does STARTpro Ltd invest in?
    For government-sector projects: Development Bonds, Sovereign Bonds, and Economic Development Bonds with ISIN identification. For private-sector projects: Bank Guarantees or SBLCs issued by the top 50 banks worldwide.
  • How much capital is STARTpro Ltd willing to allocate for a single investment?
    There is no strict upper limit, as investments are subject to approval by the company's directors. Funds are typically released in tranches according to the project's cash flow requirements.
  • What are STARTpro Ltd’s preferred investment areas and funding criteria?
    We primarily focus on long-term projects, particularly those related to government sector investments, debt restructuring, and private-sector ventures secured by collateral.
  • What is the total capital managed by STARTpro Ltd, and what are its sources of funds?
    Since 1981, STARTpro Ltd has been managing substantial investments. The sources of funds include personal savings, pension contributions, collective contributions, and profits accumulated over the years.
  • What is the legal status of STARTpro Ltd?
    STARTpro Ltd is a Limited Liability Company (LLC) registered in multiple jurisdictions around the world, and the negotiations and agreements are led and managed from our London office by the Senior Advisor and authorized mandate of STARTpro Ltd.

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