Due to the turmoil of 2008, many leading banks collapsed and most lending agencies are backing out from giving credit to organisations who are either requiring funds for the first time or have poor credit ratings. The repercussions of Greece, Italy and Spain's economic debt coupled with the Arab spring that led to price hikes in oil resulted in an economic upset in even developed economies. Additional increases in taxes along with budget-cuts has deepened the crisis more so, as well as new highs in unemployment have caused great uncertainty in the market.
For business owners looking to expand their businesses - seeking funds for trade has nearly become impossible as most lenders usually ask for collateral and business owners cannot risk their assets due to unpredictability in the current situation.
At POINT BANK LTD (www.scpbank.com)
Our expert team of Trade Finance Specialists, perform hundreds of transactions annually and provide structured solutions to meet your specific finance requirements. We offer finance of up to 100% of costs providing unlimited growth opportunities.
POINT BANK (www.scpbank.com)
Our core competencies sit within the fields of trade finance and include: letters of credit, standby letters of credit, letters of guarantee and other instruments.
Our dedication to our clients and our commitment to offering the best and most innovative financial solutions have secured us our loyal client base.
We have access to SWIFT (www.swift.com)
Communication and integrity have always been the driving force behind the success of POINT BANK.
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GLOBAL CONTACT CENTRE
+44 20 32 86 76 32