At WEST NUBIAN FOR INTEGRATED SOLUTIONS CO. LTD, we offer tailored debt exit solutions for 4-star and 5-star hotel owners and office building owners, providing a structured path to resolve outstanding debt obligations efficiently. We specialize in handling debt transfer agreements ranging from USD 10 million to USD 500 million per each agreement.
Debt Exit Offer:
The following debt exit solution applies to hotel and office building owners with existing debts ranging from USD 10 million to USD 500 million:
- Cash Deposit Requirement:
Interested parties must have 10% of the existing loan amount in cash. For example, for every USD 10 million in debt, the interested party is required to contribute USD 1 million. - Fee Distribution:
Out of the USD 1 million paid, USD 200,000 will be retained by the interested party, and USD 800,000 will be allocated to the new party taking over the debt. The new party will then assume the responsibility of repaying the debt by making regular payments every 90 days until the total loan amount is fully repaid. - Annual Interest Payments:
In addition to the principal repayments, yearly interest on the existing loan will continue to be paid. - 8% Debt Transfer Fee:
The new debt takeover party will receive 8% of the total existing loan amount, which will be paid to a newly established LLC company in Dubai, or where debt is created specifically for this debt transfer agreement. - New Ownership:
Once the debt is transferred, the property will be fully owned by the new party, i.e., WEST NUBIAN FOR INTEGRATED SOLUTIONS CO. LTD and the newly established LLC company in Dubai.
Procedural Steps for Debt Transfer:
- LLC Registration:
A new LLC company will be registered in Dubai or where debt is created to serve as the entity for the debt takeover. The registration cost will be covered by the existing borrower and will be deducted from the 8% debt transfer fee. - Debt Transfer Agreement:
A formal debt transfer agreement will be signed between the lender and the newly registered LLC. - Transfer of Funds:
8% of the total loan amount will be transferred to the bank account of the new LLC in Dubai, from where it will be utilized to generate cash for the debt servicing. - Cash Generation & Repayment Structure:
The new LLC will use the transferred 8% to generate cash flow, which will be used for regular payments to the lender every 90 days. The repayment structure will be presented to the lender for approval after an initial formal confirmation from the lender is received. - Confirmation from Borrower:
Upon receipt of the lender’s confirmation, the existing borrower will send a letter of confirmation for the commencement of the debt transfer process. This will include the payment of EUR 15,000 to cover an eight-day visit to Dubai for in-person meetings with both the borrower and lender. - Final Agreement:
After the necessary meetings and confirmations, the formal debt transfer agreement will be signed with the lender. - Notarized Promissory Notes:
Notarized promissory notes will be issued and signed by the new borrower company (the LLC), ensuring that both the LLC and the signatory (myself) are responsible for the debt under the new debt transfer agreement.
Why Choose Our Debt Exit Solutions?
✔ Customized Solutions – Tailored debt exit strategies for hotel and office building owners.
✔ Global Reach – Expertise in handling multi-jurisdictional debt transfers with a focus on Dubai.
✔ Risk Mitigation – Structured agreements that reduce financial risks and ensure regular debt servicing.
✔ Comprehensive Support – Full assistance from LLC registration to final debt transfer.
✔ Efficient Process – Streamlined procedures designed for timely debt resolution.
At WEST NUBIAN, we specialize in resolving complex debt situations for hotel owners and office building owners, ensuring a structured, efficient, and legally sound debt exit solution.
📩 Contact us today to explore how we can help resolve your debt obligations and secure your property’s future.