The inability of many companies to access credit is stifling ambitions to consolidate or to grow. IntaCapital Swiss, have the perfect financial product, the Collateral Transfer or C/T Facility, that utilises Demand Bank Guarantees, which makes the availability of loans or credit lines, referred to as Credit Guarantee Facilities, so much easier to access.

The Collateral Transfer Facility utilises three sets of banks one of which has a different function to the other two. The Receiving Bank Is responsible for applying the Bank guarantee to the Beneficiary’s account, whilst the Issuing and Correspondent banks are responsible for Issuing and transferring the Bank Guarantee.

The stringent credit criteria and draconian compliance procedures being employed by banks of today, ensure that many a Beneficiary’s application for loans and credit lines are rejected on a regular basis, even when the Beneficiary presents a Bank Guarantee as security. There are varying reasons for these rejections such as lack of turnover on the Beneficiary’s account, a lack of understanding between the Beneficiary and the bank, or the financial strength of the Bank Guarantee. As a precaution, the Beneficiary should approach their bank and enquire if they will accept the Bank Guarantee on offer, as more and more, banks will not accept Bank guarantees on behalf of the Beneficiary, further denying access to credit.

The above financial difficulties have placed many a company in a quandary, but at IntaCapital Swiss they have devised a banking product that together with the Collateral Transfer Facility allows clients or Beneficiary’s to access loans or lines of credit with a minimum of fuss. Whilst many potential clients may be sceptical, this is a proven model with many a satisfied client and works as follows,

1. Provides banking facilities at an Investment Grade Bank
2. Includes a safe custody facility to receive the Bank Guarantee
3. Provides lenders to offer loans or lines of credit
4. The above subject to due diligence

This amazing banking product in conjunction with the Collateral Transfer or C/T Facility has revolutionised access to Credit Guarantee Facilities, and further enhanced the reputation of IntaCapital Swiss as an innovator in today’s declining credit markets.