Since 1849, ECOM USA Inc. has worked with cotton producers and gins, merchandising cotton in the USA. In 1999, through its relationship with the US Cotton Growers Association, a licensed Commodity Marketing Association (CMA), the team have very successfully processed cotton into government loan.
In April 2005, ECOM Atlantic formed a new company, Sunmark Services LLC, a Loan Servicing Agency (LSA). Our experienced team will provide the services that a local FSA office provides on a daily basis. Our established relationships with producers and gins will enable Sunmark LSA to provide timely processing of Form A loan entry, loan redemptions, loan deficiency payments and turnaround loans.
Fees associated for this service are identical to US Govt. charges;
LOAN: $7.50 per loan + .90 cents per bale
OR
1/2 of 1% of the gross loan amount
LDP: .25 cents for the first bale
.15 cents for bales 2-6
.10 cents for bales 7 & up
With a combined 150 years of cotton marketing for ECOM USA Inc, Sunmarkâs team will guarantee that the job is done right the first time. |