American Ship Finance Partners's
Procedure is largely dependent upon the nature of the Financing
requirements of the Client.
After preliminary assessment of your Executive Summary Based
on your Personal, Business and Project Information that you
provided, if American Ship Finance Partners is Comfortable
with the Validity and Success Potential of the Project, American Ship Finance Partners will then issue and send you a Letter
of Interest briefly outlining the terms and condition how the
Loan will be structured. Upon your Approval of the Terms &
Conditions of the Letter of Interest, American Ship Finance Partners will require supporting documentation to enable a
complete valuation analysis of the Project and to Process the
Upon completion of the processing of your Loan request, American Ship Finance Partners will then prepare and send you the Funding
Agreement Documents setting out in detail the Terms and Conditions
under which your Loan request will be Structured.
American Ship Finance Partners will then Process your Loan
request through Credit Department and Underwriting and submit
it to our Network of Associate, Preferred, Industry Specific
Private and Institutional Wall Street Investors/Lenders that
can meet your Financial Requirements to Successfully Fund your
Project Regardless of Size and Geographical Location.
Upon reviewing your Loan Request and supporting documents our
Investors/Lenders may request additional, updated Information
and/or Documentation and will then issue a Term Sheet that will
outline the final Terms and Condition of the Loan.
Upon your Acceptance of our Investor's/Lender's Terms Sheet,
our Investors/Lender will then commence Due Diligence. Due Diligence
may include any or all of the following third party reports:
Upon completion of Due Diligence, our Investors/Lender will
then issue the final Term Sheet/Commitment, that will include
all Final Details and Documents Required for Closing.
Once this Document has been Accepted and any Conditions Adhered
to, Legal and Security Documentation Preparation will Commence.
Upon the Satisfactory Execution of the Legal Documentation,
a Closing Date is Scheduled where Funding will Occur.