This arrangement arises where no one (single) bank or lender can provide a facility required by a borrower. In consortium financing, the lender through an inter-lenders agreement usually safeguards and protects their respective interests in the security offered by the borrower through the establishment of a trust. We also act as SECURITY TRUSTEES whereby we act as an independent party to hold, protect and maintain the security interest of secured creditors.

As Security Trustees, our services include:

1. Taking and coordinating enforcement actions on behalf of secured creditors upon the occurrence of certain pre-defined events.
2. Acting in the interests of secured creditors in accordance with the executed Trust Deed.
3. Holding monies on behalf of secured creditors and distributing the monies amongst individual creditors.
4. Keeping security, title documentation or related documents or certificates in safe deposit.
5. Arranging meetings of secured creditors in accordance with the Trust Deed.