Mr. Ali, the Founder of Western Gulf Advisory (WGA), has uncompromisingly adhered to certain values and business commitments that were resolved much before the formation of the company.
Before joining his parentâ€™s private lending business, Mr. Ali practiced corporate law successfully and has assisted and advised sovereign and high net worth clients for many years. It was his experience of managing wealth and providing financial advice that motivated him to focus on the family business and invest his familyâ€™s wealth in diverse investments. His confidence and success in personal wealth management set the foundations for WGAâ€™s vision and service capabilities.
Mr. Ali employs his own wealth and funds to provide credit facilities and liquidity services to clients.
Therefore, WGAâ€™s funding capability is not reliant on other external factors, credit environment, market stability, unlike banks who are increasingly adopting a tight-fisted policy when it comes to lending and credit enhancements.
WGA can confidently provide the required funds because it is the actual source. Unlike most banks, WGA does not treat its clients as borrowers but as a potential business prospect. While banks care only about recovery of their loaned amount, WGA is actually concerned about helping the client prosper and do well so as to not default on their payments. This translates into WGA sourcing out potential business leads, networking, engaging PR and branding activities to boost the clientâ€™s operations in every way possible.
Furthermore, as part of its funding program, WGA also provides the services of an auditor who performs a bi-annual audit of the clientâ€™s business. This helps tremendously in analyzing any imbalances in the inflow and outflow of capital, and correcting any improper procedures in time to avoid further loss and instability. The objective of this proposal is not to interfere with the clientâ€™s business but to provide professional support to achieve mutual goals in the most efficient way possible.
Clients who require funding have a direct communication with WGA since there is no intermediary or external agent. This avoids wastage of time, exhaustive paper work and documentation, and so forth.
Our clients have a greater prospect of seeing their funding needs met as compared to other providers in the market. With WGA, there are no unnecessary delays or hidden costs - you can be assured of complete transparent dealings with integrity.
Western Gulf Advisory (WGA) seeks to be a specialized and trusted facilitator of finances, and consistently reinforces its stature as a world-class firm in business and financial advisory.
WGA's mission is to harness the knowledge base of an international network of experts, professionals and institutions from diverse arenas.
At WGA, our identity is not limited by our activities. We mirror our clientsâ€™ aspirations. We are what our clients want us to be. We focus on being the catalyst of change and creativity. In the pragmatic legal and financial world, our role is ever-evolving and ever-inspiring. The four dimensions that define our DNA are
The Dreamer â€“ Dreaming big is how it all begins at WGA. Our clients are the soul of our company, and as a pre-requisite to success stories, there must always be a dream, a desire to achieve what seems unattainable to the average individual. Even Einstein and Michelangelo began with a dream. Here at WGA, we not only urge our clients to imagine the vast array of possibilities that lie ahead of them, but we enable them to reach out and take hold of them.
The Thinker â€“ As thinkers, our philosophy at WGA is to take our clients on a journey towards the fulfilment of their imagination. A journey of a thousand miles must begin with one step, and we intend to take that step with our clients, to think for them and with them for their productive growth and success. Napoleon Hill once wrote, "Whatever the mind of man can conceive and believe, it can achieve. Thoughts are things! And powerful things at that, when mixed with definiteness of purpose, and burning desire, can be translated into riches."
The Navigator â€“ Expertly shaping market information, we have the network to steer the best and most intelligent to our clientâ€™s advantage. We use a credible network to build business relationships for our clients.
The Leader â€“ True leadership produces more leaders, not just followers. As trusted leaders, we from WGA focus on enabling our clients to identify their core strengths and abilities and then capitalize on the same. We believe in spurring them on to even greater heights of success and towards becoming visionary leaders in their own right.
Western Gulf Advisoryâ€™s beliefs are reflected in its mnemonic, the head of the Horse.
The Horse is an icon of royalty, strength, endurance, faithfulness and sensitivity. These are the exact characteristics embodying Western Gulf Advisory.
As a modern and progressive company, WGA is understated but confident. It is all encompassing yet has a singular vision. WGA is passionate about what it does. It is a corporate which serves the individual needs of its clients with an array of values, some of which are:
WGA abides by 3 fundamental principles that help establish our relationship with clients on a firm foundation.
Client fulfilment â€“ The mantra of any good business is to keep the client happy. At WGA, we like to go the extra mile and identify the specific needs of our clients, both dormant and active, and focus on utilizing our strengths when designing client fulfilment systems and programs based on those unfulfilled needs.
Business Management System â€“ In order to live up to the high standards that WGA has set for itself and to fulfil all the promises we have made to our clients, our endeavour is to learn all that we can about our clients, right down to the tiniest detail and to constantly update ourselves on anything that concerns them. By doing this, we are able to actually step into their shoes and treat their business as our own. This helps facilitate a better and more appropriate management of their business and forms one of WGA's foundations, that is, our Business Management System.
Creating a leadership system â€“ Another pillar that upholds WGA is the creation of a leadership system. Our goal is not just to lead but to establish a system of leadership for you so that you will be empowered to move from strength to strength and from one level of success to the next.
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.
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 .
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 WGAâ€™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.
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 todayâ€™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 borrowerâ€™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.