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Global Trade Finance
Some collateral provides the basis for free-flowing credit markets, reducing the potential losses lenders face from non-payment. While land and buildings are widely accepted as collateral for loans, the use of movable collateral (such as inventory, accounts receivables, crops and equipment) is restricted because many countries do not have functioning laws and registries to govern secured transactions.
Reforming the framework for movable collateral lending allows businesses—particularly SMEs—to leverage their assets into capital for investment and growth.
[ Ref.: IFC - Collateral Registries ]
International Trade and Commodity Finance
A complete range of trade finance services for customers who appreciate the support of banking partners with proven expertise in trade & commodity finance.
Our Clients
Usually owner-managed businesses involved in the import, export and merchandising of goods and commodities which:
- Need a bank that understands commodity and trade finance in depth.
- Want practical advice on selecting the finance techniques most suited to their trade cycles and terms of trade.
- Demand and expect a high standard of service and delivery.
- Are looking for tailor-made solutions rather than off-the-peg products.
- Appreciate the long-term personal involvement of their bankers in the development of their businesses.
Our Expertise
Our team of specialists has extensive practical knowledge and:
- Understands the risks.
- Has extensive experience of the ferrous and non-ferrous metal markets.
- Appreciates urgency.
- If appropriate, suggest alternative approaches in structuring transactions.
- Knows how to resolve problems quickly and efficiently.
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Bill of Exchange Discounting
Traditionally, companies finance their working capital requirements with an overdraft secured by a charge over the company’s assets and in many cases, the directors’ assts too. The upper limit of such overdrafts is conditional on the amount of security offered by the company. Therefore, companies may be unable to increase their overdraft facilities without providing additional security. As banks may find it difficult to accommodate this type of company, bill discounting offers a viable alternative to their problem.
Our Clients
- Expanding companies wishing to increase their working capital to enable the purchase of further foods and materials for sale.
- Through bill discounting, our clients can raise finance against bills of exchange thereby refreshing their working capital requirement.
- Companies whose credit status is less than that of their customers.
Our Expertise
- Our flexible and personal management style is ideally suited to the individual requirements of small to medium-sized companies.
- We have the expert resources to enable us to respond quickly to customer’s proposals and we are usually able to give a firm indication of our intentions within five working days.
- Making non-viable transactions happen via the sourcing of credit insurance.
- We have the bank up of a state of the art computer system.
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Factoring
Where traditional overdraft finance is not suitable for your company, factoring provides a viable alternative.
Our Clients
- Companies who wish to secure working capital by raising money against invoices immediately after issue.
- Expanding companies who may find it difficult to meet the criteria imposed by banks to increase their overdraft facility without providing additional security.
- Organizations in a rapid or super-growth phase whose banks may consider they are overtrading and who may even face withdrawal of facilities altogether.
Our Expertise
- A total factoring service. In addition to funding debtors we provide sales ledger management and debtor collection through our efficient systems thereby freeing customers to concentrate on growing their business.
- Debtor collection carried out professionally and with sympathy to the ethos of the client and its customer base, ensuring harmonious customer/debtor relationships.
- Our customer-focused approach enables us to respond quickly to financing requests and give a firm indication of our intentions.
- We seek to build long-term relationships with customers by ensuring factoring arrangements are tailored to meet their requirements.
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Other Trade Services
With Advice-at-Once service, you can receive import SWIFT documentary credits (DCs) and amendments, as well as other import and export advices to your designated E-mail address (es) and/or Fax machine, at no additional charge. Key benefits include:
- 123321 SWIFT DCs and amendments sent to up to your designated e-mail address (es) and/or fax machine.
- Enhanced efficiency in document preparation - simply "cut and paste" text from an e-mail DC to your invoice, packing list and other shipping documents. Easily forward DCs content to recipients in other locations or countries for their reference, processing and storage.
- Prevents misplacement of original export DCs or processing delays caused by the need to transmit of the original export DCs between your office and the bank.
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