(PRWEB) October 05, 2007
Miami, FL (PRWEB) October 5, 2007 -- The recent meltdown of the US Dollar, the sub-prime crisis, and sick housing market has caused major financing problems for many businesses and international organisations, according to Mr Vince of ATI. "Asset-backed commercial paper, which up to the end of July carried a comparable interest rates to commercial paper issued by financial and non-financial institutions, has been moving upward as a result of increasing risk." says mr Vince. And according to Vince, many overseas operations are missing an opportunity to use the current sub-prime crisis and plummetting US dollar to their advantage. The US Federal Reserve has estimated there is about $50 billion - $100 billion of bad sub-prime debt in the system. So this crisis is not even close to being resolved.
However, overseas companies who borrow from US lenders like ATI can take advantage of the decreasing value of the greenback. If the value of the dollar drops 5% over the next 12 months, and the loan rate was 5%, foreign comapnies are basically financing their operations at a zero rate of interest. ATI Funding also finances working capital for US Companies exporting Equipment, Goods, Raw Materials, Commercial Developments, Services or Software to most countries. This program enables Small , Medium and large Businesses to obtain loans for up to 4 or 5 times their assets after being in Business for at least 1 year.
About ATI : ATI is a private diamond company that specializes in financing of International Equipment Loans and Export Loans for US companies exporting their products overseas. ATI, through its commercial real estate financing expertise, is able to underwrite and fund conventional and also non-conforming commercial real estate loans, bridge loans as well as hard equity. This includes working directly with the borrower and/or broker to obtain all the necessary financial data to properly underwrite the loan request, get an approval and successfully close the loan quickly.
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