Western Gulf Advisory (WGA) is a self-sustaining investment and asset management company that has provided investments and services such as corporate finance, debt, and equity participation on the basis of its own adequate internal resources.
The firm?s solid standing is evident in the confidence and credibility it enjoys in many different markets around the world. The achievement is a reflection of the wealth management service company?s goal of providing holistic financial services and credit enhancements to discerning clients.
CAPABLE, CONFIDENTIAL AND CUSTOMER-FRIENDLY
WGA employs its own wealth to practice asset management. In a career spanning 12 years, the company has established a successful track record of enhancing liquidity and credit status of several clients from a wide cross-section of industries and sectors.
WGA is diligently working to become one of the world?s leading financial advisory companies through its extremely confidential and sensitive approach. Western Gulf draws on the rich expertise of 3,200 consultants based all across the globe.
STRATEGIC PRESENCE
WGA now has a strategic presence in key locations in Europe, the Far East and the Holland. This is in synergy with the company?s goal of expanding its global portfolio and leveraging the advantages of a worldwide access to an efficient network to its valuable clientele. WGA offices in Holland and Hong Kong ensure quality professional services to its global clients and its global presence ensures that clients are timely, accurately and completely served.
HIGH - PROFILE MANAGEMENT
Mr. Ahsan Ali is the founder and 100% shareholder of Western Gulf Advisory AG. As the non-executive Director of the company, Mr. Ali has a vision to consistently maintain the highest standards of leading financial advisory services.
WGA has empanelled 14 Directors to consolidate its global focus. The Board of Directors possesses long-standing international experience in core areas of law and finance. This reinforcement of advisory services in WGA is in line both with its global strategy.
The loan amount can be as low as USD 25 million and as high as half a billion USD. This is purely an indicator and not a rigid scale; loan amounts would be judged on case-to-case basis.
What are the main terms of the loan, interest rate, security, LTV ratio?
The main terms of the loan are related to the viability of the business proposal as well as the due diligence conducted by WGA. We seek to ensure that the income and profit generation of the client would adequately satisfy our loan repayment.
Depending on the geographical area as well as other criteria, the interest rate would be 5-7%.
We would require collateral security of assets just like any other standard funding institute. Our standard of evaluating assets is quite competitive.
The LTV ratio would be 80%. However, this is just an indicative figure and WGA can go up to 110-120% LTV.
We provide senior debts only. Since our rates and processes are one of the most competitive and innovative, we expect our clients to have only WGA as its lending party and back it up with exclusivity contracts.
In case of any previous or existing loans from other parties, WGA will help you to swap these loans at a much competitive rate than the current loan.
Are there any industries in which WGA has a special interest?
WGA does not have a select list of specific industries that it is particularly interested in. Our interests are varied and diversified. Please find more information about this on our home page .
WGA is not a commission agent, as we do not believe in taking undue advantage of your necessity. We are investors and our asset management service or activity is clearly limited solely to our shareholders .
What is your due diligence process and what are your specific areas of examination?
As with any lending institution, WGA follows a standard due diligence process.
We require 6 weeks to achieve results, as most of the companies are located overseas.
We check for any record of personal defaults, corporate defaults, bankruptcy proceedings, administrative proceedings or any anti-social activity that the applicant may be involved with.
This assessment is a standard requirement of our corporate policy and its objective is to understand your position in order to serve you better.
Can you provide the names of the current clients with whom you are dealing?
Due to a non-disclosure agreement with which we are bound to our clients, we cannot reveal our borrowers. This is in the best interest of our clients, to protect their privacy. Under WGA’s terms of confidentiality, we will not discuss any of our past, present or future clients.
We welcome clients to conduct due diligence on WGA as well as take legal opinion of experts before applying.
What is the time limit for debt financing and equity financing?
If both the parties are prima-facie satisfied with each other, an engagement agreement, mutual non-disclosure agreement and authorization letter to conduct due diligence are signed. It can take 14 to 16 weeks from this point to get the loan drawn down.
However, in some cases the time period maybe much shorter if all procedures are straightforward. Contrarily, in case of legal or geographical complications, the time period may extend to more than 16 weeks.
What kind of compensation is available for mediators or brokers?
Please call WGA’s help desk to discuss this in person. There are no standard rules of compensation for mediators or brokers and it will be judged on case-to-case basis.
Why and how do you provide funds at such low rates?
WGA believes in providing innovative financing solutions. This means doing things differently so as to not burden our borrowers with heavy interest rates. We understand the pressure that is already on today’s businesses and industries. Conventional banks and financing institutions are not helping the situation with their cumbersome loan policies and a pathetic attitude to the borrower’s plight.
This is primarily due to their rigid approach to funding, which does not consider the human factor and stresses more on punishing the defaulters rather than helping them to avoid defaulting.
WGA provides direct funding to the borrowers without any intermediaries in the process. Unlike banks and financing institutions, we are not encumbered by heavy infrastructural overheads. We are therefore able to provide funds at much lower interest rates. Our philosophy is to manage the funds of our shareholders and invest in deserving needs such as maybe yours.
Under what circumstances can WGA reject my company's application?
WGA practices standard policies of approval and rejection of applications as in the financing and lending industry.
Any history of defaults or important facts relevant to the loan process that can influence the decision making and which is not disclosed by the applicant will be valid grounds of rejection.
