What is a Line of Credit?
What are bank loan requirements? Inevitably security, and lots of it. A line of credit or credit line also requires security, however obtaining a credit line from a bank is becoming increasingly difficult. Why you ask? They make more money elsewhere trading for themselves.
If you’re struggling to access a line of credit or you do not have enough security to satisfy the banks requirements, then read this blog – we will show you how to obtain and utilise a line of credit. You may feel this is impossible! However, by using reputable facilitators, such as IntaCapital Swiss, you can utilise a Bank Guarantee as security for a credit line. This solution is a tried and trusted facility that you or your company could benefit from.
Monetising a Bank Guarantee
A bank guarantee is a financial security issued by banks and issued in compliance with client’s instructions. In order to monetise a Bank Guarantee, a Demand Bank Guarantee will be needed. Banks and other lenders will offer credit lines against a Demand Bank Guarantee, which gives lenders total security.
How to Save Your Company
If you are finding current markets challenging and feeling the negative impacts of Covid-19, lockdown and Brexit, a Demand Bank Guarantee could be your saviour. For an in-depth and bespoke description to how this could benefit your company, please get in touch via our Contact Page or directly with IntaCapital Swiss. IntaCapital Swiss is a Geneva based boutique finance company who have been providing access to loans and lines of credit for a decade.
Where banks have refused credit facilities, IntaCapital Swiss have stepped into the gap. Their unique Collateral Transfer Facility has provided financial salvation. Companies facing bankruptcy have had new life breathed into them and new start-up projects have found the funding they need.
So do not hesitate to get in touch, our industry current professionals are here to help and outline the potential options available for your business to find its financial solution.