Creativity of Americans
I just wanted to share with you something I came across today at meetings we had with some American investors & financiers. They are bloody creative when it comes to financial instruments.
There is a 'loan' scheme which they call 911 loans (i.e. 911 is the emergency number for the uninitiated). This is a bridging loan provided to good companies incl. tech Cos but it carries up to 15% interest. The interesting part of this is that they also request some shares as payment & make money on the upside. Where else can you find such things? They can also incorporate a special Investors Relations program to 'promote' the Co & its stock to ensure that buyers support the stock, so they make money on the upside. They have so many different things they do here which we can only imagine.
If only we can be as creative with financial instruments in Malaysia.
Creativity in finance, now theres a thought!
There is a 'loan' scheme which they call 911 loans (i.e. 911 is the emergency number for the uninitiated). This is a bridging loan provided to good companies incl. tech Cos but it carries up to 15% interest. The interesting part of this is that they also request some shares as payment & make money on the upside. Where else can you find such things? They can also incorporate a special Investors Relations program to 'promote' the Co & its stock to ensure that buyers support the stock, so they make money on the upside. They have so many different things they do here which we can only imagine.
If only we can be as creative with financial instruments in Malaysia.
Creativity in finance, now theres a thought!
posted by Dr. Siva @ 12:43 AM
1 Comments:
At 9:55 AM,
ljk said…
I'm working on a banking project that involves finding ways to assess credit worthiness of undocumented workers. Remittances to Mexico from mirgants in the USA totalled 23 billion last year. It's a big chunk of business to get into, and even the Fed has started to take notice.
I can't imagine the Malaysian banking system being that liberal as to allow undocumented Indonesians, Fillipinos credit....but I could be wrong. I don't recall if the illegal workers in Malaysia could open bank accounts.
Cheers
Leonie
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