COLLATERAL TRANSFER
COLLATERAL TRANSFER:
At Bowmore, we believe that as a company, if you try to be all things financial to every client requirement, you can easily get stuck in the weeds of being identified as a generalist in a noisy marketplace. Our board and stakeholders decided from inception that we would be a company recognised as an expert in our field, and as such we specifically specialise in the facilitation of Collateral Transfer and Credit Line facilities.
- Compliance Approval typically within 10 business days
- Full Detailed Terms typically within 15 business days of compliance approval
- Drawdown typically within 60-80 business days of application
Facility duration typically between 12 and 84 months
COLLATERAL TRANSFER – DICTIONARY DEFINITION
“An arrangement by which one company lends its assets to another company for use as collateral in order for the borrowing company to access business loans.”
Compton House, Parliament Square
9 Castle Street, Castletown
Isle of Man, IM9 1LF
British Isles
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