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About our Services.

Funding & Xchange to fulfill 3rd Party Transactions ―

3rd Party Transaction.

You have established, 3rd party transaction/s' to exchange performance & payment — under condition — Xchange transaction confirms proof of funding (PoF/s) before or after proof of payment &/ performance guaranty/s (PoG/s).  

Funding Transaction.

To fulfill your 3rd Party transaction obligations — Service Seller (USAsset) to provide funding of $1±Million to $100+Million upon exchange of 3rd Party/s guaranty/s.

Xchange Transaction.

The Service Seller Xchange services, to be via a U.S.A. Bank Trust to provide private escrow, custody, & settle services between Guarantors.  See About Us > Benefits.

Service Period to open within 5-days of Xchange 'email advice' of Service Buyer deposit-transfer of Service Fee; then within 5-days:

1st Proof = Xchange to issue 'before advice' of Guarantor/s Conditional Commitments of funding (PoF/s) or performance &/ payment guaranty/s (PoG/s) effective to settle; then within following 10-days  

Xchange to issue 'after advice' of Guarantor/s PoF or PoG response then if effective to settle  

2nd Clear = Xchange to issue 'call advice' to transfer 'before' deposits; then if effective  call 'after' deposits:

*Guarantor name, address U.S.A. established bank/institution, with creditworthiness effective for purpose intended.
*Guaranty = negotiable instrument/s, legally effective for certain performance &/ direct payment, at certain date/time.
*Funds & Funding = 60±% USDollars &/ 40±% Guaranty/s.

3rd Settle = then prior to 28-day Service Period expiration, Xchange to disburse guaranty face amount funding to Service Buyer  less any applicable (10±%) amounts per below Service Terms & Conditions

 

Service Terms & Conditions:

Service Parties to establish a Memo of Understanding (MoU); then Service Buyer to pay —  USDollar (USD) Service Costs of $25-Thousand if 'after PoG' , or $50±Thousand 'before PoG' — in response to Service Attorney conditional commitment to facilitate a Bank Trust-Escrow (Xchange) Agreement effective with the MoU and following Terms & Conditions:

  • Service Fee = Xchange pay from Service Buyer escrow deposit to Service Seller at closing — PoF after PoG = 1% of PoG (minimum $150-Thousand) or PoF before PoG = 5±% of PoG (minimum $300±Thousand).
  • Transaction Fee = Xchange pay from Service Buyer funding proceeds per Service Seller instructions —
    • PoF after PoG = 12% for 1-year or 6% for initial 28-days plus 1% for each 28-day service period added for either option — ($250-Thousand minimum); or
    • PoF before PoG = 18% for 1-year or 9% for initial 28-days plus 1.5% for each 28-day service period added for either option — ($500-Thousand minimum). 
  • Transaction Cost = Xchange pay from Service Buyer USD funding; any Costs due or to reimburse Service Fee paid costs.
  • 3rd Party Charges = Xchange pay from Service Buyer funding; per Service Buyer instructions; and agreed between service parties.  
  • Rollover Fee = Xchange pay from Service Buyer funding to Service Seller — 1% ($125-Thousand minimum) of the face amount of the Pay Guaranty for any & each exchange/event after initial/first 3rd party transaction settled. 

Default occurs if Service Parties fail to make/cause legally effective exchanges with Bank Trust-Escrow, at certain events &/ times; then Service Fee balance, less any transaction costs be paid to Service Seller if Service Buyer defaults; then if Service Seller default, return Service Fee balance to depositing bank.

Change occurs if Service & applicable Parties mutually make written change.

Closing occurs upon default, payment of Guaranty/s, change, or Service Period expiration.

  Performance is assured – see About Us.

 Email Us: fred@usasset.com — Call Us: +1 (702) 944-0375 — Visit Us: www.usasset.com

For Accredited or Sophisticated Service Buyers Only

Subject to change.