Being able to borrow large amounts of money at short notice is often expected of the lifestyle of a high net worth individual. Clients may be looking to borrow for a number of reasons, including:
BMG offers securities backed lending facilities, which gives investors an opportunity to earn revenues from collateralized loans of their assets. These are fixed loans for periods ranging from 1 to 12 months, with an interest rate based on Libor. Such loans can be renewed on a rolling basis.
Our approach is to realize the revenue potential while strictly minimizing risk. Only securities of the highest quality are accepted as collateral. Value of the securities on a loan and collateral levels are monitored daily.
Unsecured loans (credit): ?
Letters of Credit (LOC):
For individuals whose business requires exporting of goods and merchandise, BMG offers Letters of Credit which ensure the issuing bank guarantees payment when merchandise is being shipped, as long as documentation is presented in conformity with the terms of the LOC.