Pioneers in the Iberian Pensinsula

Trade Finance

ABK CREDIT is a pioneer in the Iberian Peninsula in the design, negotiation and implementation of the first “Trade Finance” program.

“Trade Finance” is an Insurance product very developed in the UK, which consists of obtaining coverage with Insurers with a high S & P rating (A + or above) over 100% of a client portfolio.

Once the portfolio is 100% guaranteed, it is sold to the financial market (not only to the Bank, but also to investment and / or pension funds), which implies obtaining lines of financing of working capital based on the Insurer’s guarantee, getting financing capacity and reducing the cost of interest rates.

Based on the same philosophy, we have contacted local funders (banks and factoring companies) to develop the same solution at lower funding levels.