IntaCapital Swiss and their highly technical team continue to surpass the boundaries of excellence and have produced a unique banking package which used in conjunction with their highly acclaimed Collateral Transfer or C/T Facility, that utilises Demand Bank Guarantees, provides access to loans and credit lines, alluded to as Credit Guarantee Facilities, where previously access has been denied.
In the global financial markets of today, there is always a financial institution that makes access to credit even more difficult than it is at present. In this case it is the Receiving Bank, which is one of three banks that form an essential element in the C/T Facility. The Receiving Bank credits the Bank Guarantee to the Beneficiary’s account whilst the Correspondent and Issuing Bank are responsible for issuing and transferring Bank Guarantees.
When the Receiving Bank applies the Bank Guarantee to the Beneficiary’s account, the Beneficiary is then able to apply for a loan or a line of credit using the Bank Guarantee as collateral. The Receiving Bank has a history of declining loan applications for an endless number of reasons, but usually for lack of turnover on the account, the strength of the guarantee, strict compliance and credit regulations and the relationship, (or lack thereof) that exists between the Beneficiary and their bank. It is also a known practise of Receiving Banks to deny the Beneficiary the opportunity of receiving the Bank Guarantee on their account.
If the Receiving Bank will not accept the Bank Guarantee, IntaCapital Swiss have designed a Banking Product that will in partnership with the Collateral Transfer or C/T Facility, provide the access to Credit Guarantee Facilities as outlined below,
- Introduce an Investment Grade Bank, offering Banking facilities
- Custodial services for electronic safe keeping of a Bank Guarantee
- Third Part Lenders utilising the Collateral Transfer Facility
- The above subject due diligence.
Companies who are still being denied access to loans and credit lines should contact IntaCapital Swiss with their team of dedicated financiers, who have ensured easy access to Credit Guarantee Facilities through their unique Banking Product and financial model that is the Collateral Transfer Facility.