How do Lines of Credit Assist in Loan Applications to Banks?
We are asked this question on a regular basis; a line of credit is a form of a bank loan. However, in today’s market, bank loan requirements are extraordinarily strict and, in some cases, impossible to meet. Many companies are having their loan applications turned down, leaving businesses to look for alternatives.
We can show you how to enhance your chances of getting a credit line and show you how to acquire a credit line, despite obstructive bankers.
Credit Line Loan Applications
How can you persuade a bank to give you a loan or credit line? Easy, give them unimpeachable security or collateral. However, not all business will have access to these – this is where we explain how to get it…
The Demand Bank Guarantee is a little-known financial instrument. Its popularity is growing by the week. It is the only bank guarantee that can be monetised. More and more companies are using this instrument to obtain a credit line.
What is so special about a Demand Bank Guarantee? It contains precise and exact wording used exclusively for monetisation purposes. It is governed by ICC Uniform Rules for Demand Guarantees, (URDG 758).
But how do I acquire a Demand Bank Guarantee?
Acquiring Demand Bank Guarantees
Acquiring a Demand Bank Guarantee is not as difficult as you may think. There are companies that specialise in providing Demand Bank Guarantees for monetisation. At the top of the tree stands IntaCapital Swiss, based in Geneva. They have been providing Demand Bank Guarantees for over 10 years.
IntaCapital Swiss have a highly innovative financial product, The Collateral Transfer Facility. This allows a company seeking a credit line to access a Demand Bank Guarantee.
IntaCapital Swiss are essentially enhancing your credit line loan application. You can now offer your bank 1st class collateral. But some banks are still saying no, here is the good news… IntaCapital Swiss can supply alternative lenders. They will offer credit lines against a Demand Bank Guarantee.
Well, there you have it. Acquiring a credit line is not impossible. Is you bank saying no? Then I suggest you look into acquiring a Demand Bank Guarantee today. And Remember, there are alternative lenders to you bank.