Please advise us about citi advantage loan guarantee requirements?

citi advantage is not an asset based Lender. We require guarantees from banks, financial institutions, sovereign entities or corporate sponsors approved by citi advantage The guarantees are to be in the form of Letters of Credit ICC series 500 and Letters of Guarantee ICC series 458.

Is citi advantage a direct Lender?

Yes, citi advantage is a direct Lender through our private investors.

What projects does Sofitel not accept for financing?

citi advantagewill not finance projects that are directed at construction of housing, hotels, hospitals, development of land for real-estate,or tourism . Please see Industries Portfolio for list.

How long does it take to obtain a loan from citi advantage?

Depending on the project and the project demands the process could take up to three months from the start of application, Credit Committee loan approval and through to loan closing and disbursement.

How do we apply for a loan with citi advantage?

If you have a project that you would like for citi advantage to consider financing, we are interested in learning more details regarding your project and needs. Please submit a three page project summary for our review, consisting of project details, loan amount required, a detailed use of funds summary and the guarantee to be provided. We will evaluate your needs and respond shortly with questions and comments.

Does citi advantage work with Brokers and Financial Intermediaries?

Upon submission of loan summary request, Brokers and Financial Intermediaries need to be advised that citi advantage will require direct contact with the respective Borrowers and Project Sponsors. This requirement is mandatory in order to comply with the Foreign Corrupt Practices Act (FCPA), the Sarbanes-Oxley Act and with U.S. federal money laundering regulations under United States banking regulations and world atlarge. Please submit the Borrowers and Project Sponsors contact information when submitting your loan request summary.