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Stages to implement and complete a financing
- Client issues a Letter of Intent to EZRA or authorized associates.
- In case of a general interest, Ezra requires clients through authorized associates to submit the necessary project papers.
- Ezra submits technical documents to associated Consultants/Engineers for review in order to receive a general opinion regarding the feasibility of the project.
- A meeting will be held between the client and Officers of Ezra or authorized associates and a general Agreement will be signed for the financing of the project between Ezra and the client.
- If necessary, Consultant/Engineers will "refine" the project on a contractual basis with the client.
- Ezra submits application documents for the realization and financing of the project by Ezra.
- Once all relevant technical and commercial information had been gathered, Client will in a personal meetings with Ezra enter into a "Loan Option Agreement" or other respective agreements.
- i.E."Loan Option Agreement" will be accepted through means of an "evidence of funds" by Bank for the financing of the project.
- General time frame from the first request till funding: about 6 month, depending on the quality of the available documents
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