The purpose of this summary is to assist banks and other financial institutions in understanding a simple, privately backed process that is designed to boost the bank's and financial institution's capital positions, dramatically increase profits and vigorously stimulate the economy.

Note: In this document we will refer to all Financial Institutions as Banks.

Regardless of the bank’s size or current financial status, this process can be implemented quickly and to a degree pre-determined by the bank itself.  This process can literally take the smallest bank in the country and turn it into the largest in terms of asset size.  It can be used in support of community projects, non-profit organizations, business expansion or simply to remove all non-performing assets from the bank’s books in as little as one day, at 100% of the balance owed.

The process is designed to allow the bank:

1.  To provide loans to borrowers equal to cash the deposited with them or with institutions they designate, further collateralized to at least 240% of the loan amount.

2.  To immediately receive, for each loan made, an equal value amount of earned income that can be placed on the bank’s books as a cash asset.

3.  To provide the bank and borrowers safety through the self liquidation of loans made using this process.

4.  To increase the number of borrowers and the positive impact of the bank in its community by enabling borrowers with as little as $10,000 USD in available funds (which can be arranged for them)  to engage in this process.

To begin, the bank would negotiate with a law firm an agreement to provide future services to the law firm or one of its affiliates.  Every aspect is explained and negotiated up front.  Throughout the process and the subsequent term of the services agreement the bank remains in complete control of all funds.  Plainly stated, funds accumulated never leave the bank.

Once the terms have been negotiated, a cash deposit is made at the bank of at least $10,000 and added collateral is presented in the form of a promissory note of 240% or more of the loan amount, which is supported by verifiable, unencumbered US Treasurys.  The bank then loans the borrower an amount equal to the cash deposit.

Through separate contractual agreement, the borrower uses the loan proceeds to pay the law firm for services.  The law firm uses these earnings to acquire a CD from the bank, then the CD is irrevocably assigned to the bank as payment for services.  Thus, the bank’s capital position is increased by virtue of earned income for services.

This process is repeated with the loan amount doubled each time, each always supported by 240% supplemental collateral, until the final loan and equivalent capitalization amount is reached.  As this is all pre-negotiated, the process itself can be accomplished in one day as the individual cycles are simply procedural accounting entries.  At the end of the day, the bank has issued 100% safe, fully-collateralized loans and booked an equivalent amount as earned income.

Upon the final transaction cycle being completed, the loan proceeds are still lodged at the bank and remain there, as do the CDs that have been irrevocably assigned to the bank.  At this time per the pre-negotiated services contract, the bank is presented with non-depletion commerce transactions which it may or may not choose to participate in as presented.  Again, the bank is in complete control of the process and funds never leave the bank.

Non-depletion commerce is simply defined as transactions where pre-contracted buyers and sellers are already in place for commodities, financial instruments or other goods and services.  Because the contracts are pre-negotiated, funds never need to be spent to complete the transaction.

When specific non-depletion commerce transactions are executed, profits derived from each are split 50/50 between the bank and the law firm.  On the bank’s side, 10% of profits are always booked by the bank as earned income, while 40% are used to liquidate the principal and interest of the final loan amount.  After the loan has been satisfied, the entire 50% to the bank is booked as earned income, thus increasing profits and the bank’s capital position further.

Throughout the entire process the bank’s profitability and capital position is always increasing.  This allows the bank to conduct more mainstream business, thereby benefiting its community and its depositors through its strong financial standing.

We look forward to working with banks across the country and around the world to resolve the current financial crisis while working to prevent future crises.

If you are an entrepreneur with an existing project and you have a relationship with a bank, you can benefit from the protocol above quickly by simply allowing us to introduce this concept to your bank on your behalf.

If your bank adopts the protocol above, your project will be fully funded, which could save you thousands if not millions of dollars in interest and fees.  At the same time you would be helping your bank to boost their financial capital position and increase the assets on their books.   The bottom line is, "They will love you for it!"

If you are an entrepreneur with an idea, project or invention that needs initial funding, the process is much the same.  First, introduce your project, idea or invention to a bank along with your business plan. If your business plan is solid and the bank believes you have a good idea, introduce them to us at Life Enriched.  We will assist you by explaining the protocol listed above to your bank on your behalf. 

Our mission is to pull resources and people together to help make projects, ideas and dreams become reality.

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Organizations that we wish to assist include Non-Profit, Private Schools, Churches or not-for profit businesses.  

In 2009, 73% of all non-profit organizations reported that they were financially impacted by increased operating expenses such as fuel cost, transportation and postage expenses.  

Over 50% of non-profit organizations in 2009 reported that their financial support declined and it is estimated that that number will grow to over 60% this coming year.  

In 2009, private school registrations went down drastically while operation cost rose significantly.  It's no wonder schools are having to cut back and even shut their doors. 

To most people these figures make sense because it's easy to figure out that when times are tough people cut back on what they give.  What most people don't realize is, "The demand gets bigger!"

Nearly 80% of all non-profit organizations in 2009 saw an increase in need and it is forecasted that in 2010 96% of all non-profit organizations will see their needs increase. 

It's simple math, "When an organization's needs and expenses go up and their financial support goes down, it is hard for them to keep the quality of people, resources and support they need to keep their doors open."

Our mission at Life Enriched is to help these organizations thrive during these tough economic times utilizing the financial protocols we have access to.

Businesses may now also benefit from this new protocol by fulfilling the services of the "borrower". As outlined, this process has been created to not only recapitalized and strengthen our banks and financial organizations, but to benefit our communities as a whole. 

Small, medium and large local businesses looking to expand or develop projects, ideas, or existing commerce will find this is the answer they have dreamed about for decades. 

As use of this protocol expands and becomes the standard for how funding is done, successful projects and businesses will once again become visible in our communities and all individuals will be positively affected. This is the goal the founding visionaries had long ago. We invite you to play a vital role in this solution.

By becoming a "borrower" in the above financial institution recapitalization process, you are filling an important piece of the equation. 

Without a project to fund, there would be no need for the bank to provide a loan. Although there are few current restrictions on what the funding is used for, it does need to have a purpose. 

As long as the project or business is providing jobs or other valuable services in the community, it will most likely be deemed appropriate for the process. This opens up the opportunity for participation by most any new business group, existing business, or entrepreneur with a good idea. 

Traditional loan applications and detailed business plans are not required, however we will recommend you have a thorough concept and well thought out, executable plan. 

The Life Enriched Empowerment Network exists in part to help borrowers create, develop, and expand the concepts that are now able to become reality. With such phenomenal opportunities for funding resources, your success can be inevitable.