We are able to offer short term, multicurrency (USD, GBP, EUR) loans and overdrafts to assist our clients in financing their working capital needs more effectively. These can be utilized to smooth clients’ cash-flows, allowing more flexibility to react to the commercial demands of their businesses. In conjunction with our Trade Finance and Treasury teams we can also assist in accelerating trade receipts and hedging the related currency and interest rate risks.
Our clients are also often required to have a bank underwrite their contractual obligations through the issuance of Guarantees and Bonds on their behalf. We have considerable experience of this activity and understand the importance of tailoring the wording of our Guarantees to provide the appropriate support for our clients’ activities in either Europe of West Africa using our specialized knowledge of these regions.
We are in a position to issue Bid Bonds, Advance Payment Guarantees, Performance Guarantees, Retention Guarantees, Customs Bonds & Standby Letters of Credit.