Loans

LOAN TYPERATE (APR*)
Auto / Vehicle LoansAs low as 0.9%
Personal LoansAs low as 9.00%
Share Certificate LoansRate + 9%
Investment / Money Market Loans9.00%
Home Equity Loans9.00%
Business / Stock Loans (65-75% of Market Value)9.00%
First Home Equity Note18.00%
*APR = Annual Percentage Rate
*Denominated in World Currency
Rates subject to change without notice.
As Low As Rates = your rate may vary from the state rate and will be determined by your credit history and repayment option.

Start building your P2P financial reputation, today.

1 Star Rating – 500-9999K | Unsecured Loans / Personal Loans

2 Star Rating – 10k – 99K | Personal / Business Loans

3 Star Rating – 100K- 999K | Business / Estate Loans

4 Star Rating – 1 Million – 99 Million | Organization / Estate Loans

5 Star Rating – 100 Million – Infinite | Government Loans

Organization Loans with Mutual Credit Bank Instruments as collateral LTV: 

  • 1 to 500M – 45% Non Rated Credit Bank or 65% Rated Bank – Non Recourse Loan
  • 1 to 500M Credit Bank Guarantee (BG) – 65% Recourse Loan with a Non Rated Credit Bank instrument or 80% Recourse Loan with a Rated Credit Bank instrument – This loan has an interest of 1.9%  per annum and can extend for up to ten years in length.

Estimated Completion Time:

  • 9 to 19 Days after all documents are signed and verified or 3 to 9 Days After Instrument Delivery on the XCP Counterparty network, SWIFT, Counterclear or DTCC.

Organization Loan Disbursement:

  1. 27 days after confirmation and authentication of the signed Blockchain Message or MT-760, we release first disbursement (19% of the loan).
  2. 38 days after the first disbursement we release the second disbursement (19% of the loan).
  3. The remaining 19% of the loan will be divided in ninth (9) month and will be disbursed every 38 days after the second  disbursement.

Notes:

  • Full loan disbursement in 1-12 month.
  • In case client do not have a mutual credit bank instrument to place as collateral for the project, the Global Credit Facility, can offer to lease the bank instrument to the client and at the same time offers the monetization.
  • The World Open Market Exchange can only mutually / token monetized their own bank instrument for up to 100M maximum per tranche.
  • If client is leasing the bank instrument from a Noocratic Financial Institution, the client only have to pay for the initial deposit fees and the foundation will pay the lease instrument cost.

Recourse Loan Disbursements 

Example with your own mutual creditbank Instrument

(100 Million Nomni):

Mutual CreditBank instrument face value: 100,000,000.00
Recourse Loan disbursement (80%): 80,000,000.00
Loan commission fees (5%): 4,000,000.00

Total Loan Disbursement: 76,000,000.00

Example of Recourse Loan Disbursement Schedule:

Recourse Loan Disbursements Amount in NomniDate of Disbursements
Loan 1st Disbursement:
15,200,000.00
19% of the loan in 27 days after received and authentication of Blockchain Message / MT760.
Loan 2nd Disbursement:
15,200,000.00
20% of the loan 38 days after the 1st disbursement.
Loan 3rd Disbursement:
4,560,000.00
38 days after the 2nd disbursement.
Loan 4th Disbursement:
4,560,000.00
38 days after the 3rd disbursement.
Loan 5th Disbursement:
4,560,000.00
38 days after the 4th disbursement.
Loan 6th Disbursement:
4,560,000.00
38 days after the 5th disbursement.
Loan 7th Disbursement:
4,560,000.00
38 days after the 6th disbursement.
Loan 8th Disbursement:
4,560,000.00
38 days after the 7th disbursement.
Loan 9th Disbursement:
4,560,000.00
38 days after the 8th disbursement.
10th Disbursement:
4,560,000.00
38 days after the 9th disbursement.
11th Disbursement:
4,560,000.00
38 days after the 10th disbursement.
12th Disbursement:
4,560,000.00
38 days after the 11th disbursement.

Non-Recourse Loan Disbursements Example with your own Mutual CreditBank Instrument  (100 Million Nomni):

Lease Mutual CreditBank instrument face value: 100,000,000.00
Non-Recourse Loan disbursement LTV (65%): 65,000,000.00
Loan commission fees (5%): 3,250,000.00

Total Loan Disbursement: 61,750,000.00

Example of Non-Recourse Loan Disbursement Schedule:

Non-Recourse Loan Disbursements Amount in NomniDate of Disbursements
Loan 1st Disbursement:
12,350,000.00
19% of the loan in 27 days after received and authentication of Blockchain Message/MT760.
Loan 2nd Disbursement:
12,350,000.00
20% of the loan 38 days after the 1st disbursement.
Loan 3rd Disbursement:
3,705,000.00
38 days after the 2nd disbursement.
Loan 4th Disbursement:
3,705,000.00
38 days after the 3rd disbursement.
Loan 5th Disbursement:
3,705,000.00
38 days after the 4th disbursement.
Loan 6th Disbursement:
3,705,000.00
38 days after the 5th disbursement.
Loan 7th Disbursement:
3,705,000.00
38 days after the 6th disbursement.
Loan 8th Disbursement:
3,705,000.00
38 days after the 7th disbursement.
Loan 9th Disbursement:
3,705,000.00
38 days after the 8th disbursement.
10th Disbursement:
3,705,000.00
38 days after the 9th disbursement.
11th Disbursement:
3,705,000.00
38 days after the 10th disbursement.
12th Disbursement:
3,705,000.00
30 days after the 11th disbursement.

Recourse Loan Disbursements Example by leasing a Mutual CreditBank Instrument from us (100 Million Nomni):

Lease Mutual CreditBank instrument face value: 100,000,000.00
Recourse Loan disbursement LTV (80%): 80,000,000.00
Loan commission fees (5%): 4,000,000.00
Lease instrument cost (16+2): 18,000,000.00

Total Loan Disbursement: 58,000,000.00

Example of Recourse Loan Disbursement Schedule:

Recourse Loan Disbursements Amount in NomniDate of Disbursements
Loan 1st Disbursement:
11,600,000.00
19% of the loan in 27 days after received and authentication of Blockchain Message/MT760.
Loan 2nd Disbursement:
11,600,000.00
20% of the loan 38 days after the 1st disbursement.
Loan 3rd Disbursement:
3,560,000.00
38 days after the 2nd disbursement.
Loan 4th Disbursement:
3,560,000.00
38 days after the 3rd disbursement.
Loan 5th Disbursement:
3,560,000.00
38 days after the 4th disbursement.
Loan 6th Disbursement:
3,560,000.00
38 days after the 5th disbursement.
Loan 7th Disbursement:
3,560,000.00
38 days after the 6th disbursement.
Loan 8th Disbursement:
3,560,000.00
38 days after the 7th disbursement.
Loan 9th Disbursement:
3,560,000.00
38 days after the 8th disbursement.
10th Disbursement:
3,560,000.00
38 days after the 9th disbursement.
11th Disbursement:
3,560,000.00
38 days after the 10th disbursement.
12th Disbursement:
3,560,000.00
38 days after the 11th disbursement.

Non-Recourse Loan Disbursements Example by leasing a Mutual CreditBank Instrument from us (100 Million Nomni):

Lease Mutual CreditBank instrument face value: 100,000,000.00
Loan disbursement non-recourse (65%): 65,000,000.00
Loan commission fees (5%): 3,250,000.00
Lease instrument cost (16+2): 18,000,000.00

Total Loan Disbursement: 43,750,000.00

Example of Non-Recourse Loan Disbursement Schedule:

Loan Disbursements Amount in NomniDate of Disbursements
Loan 1st Disbursement: 8,750,000.0019% of the loan in 27 days after received and authentication of Blockchain Message/MT760.
Loan 2nd Disbursement: 8,750,000.0020% of the loan 38 days after the 1st disbursement.
Loan 3rd Disbursement: 2,625,000.0038 days after the 2nd disbursement.
Loan 4th Disbursement: 2,625,000.0038 days after the 3rd disbursement.
Loan 5th Disbursement: 2,625,000.0038 days after the 4th disbursement.
Loan 6th Disbursement: 2,625,000.0038 days after the 5th disbursement.
Loan 7th Disbursement: 2,625,000.0038 days after the 6th disbursement.
Loan 8th Disbursement: 2,625,000.0038 days after the 7th disbursement.
Loan 9th Disbursement: 2,625,000.0038 days after the 8th disbursement.
10th Disbursement: 2,625,000.0038 days after the 9th disbursement.
11th Disbursement: 2,625,000.0038 days after the 10th disbursement.
12th Disbursement: 2,625,000.0038 days after the 11th disbursement.

CREDIT PROCEDURE

Type of Credit Descriptions

Individual Credit – Applying for credit in my own name. Not relying on income or assets of another person for repayment. 

Joint Credit / Spouse – Applying for credit with my spouse. Both are liable for the obligation. Both will receive goods, services, or money in return for the credit obligation. 

Joint Credit / Non-Spouse – Applying for credit with another person; non-spouse. Both are liable for the obligation. Both will receive goods, services or money in return for the credit obligation. 

Individual Credit / Cosigner or Guarantor – Applying for credit in my own name. Relying on income or assets of another person for repayment. The other person will not benefit from the obligation but will be liable in default situations (for example, cosigner or guarantor). Application information is required for both the applicant and the other person.

Loan Application

Government Funding Loans

Noble Copper El

Loan Coordinator

Email