Albatross Fund is a private international consultancy firm which primarily deals in trade finance, capital raising solutions and financial instruments.
Albatross Fund is a private international consultancy firm which primarily deals in trade finance, capital raising solutions and financial instruments. The company’s efforts are aimed towards recreation of wealth to allow businesses to grow and expand. This growth and expansion is facilitated by providing financial services to clients present in different regions where there is a lack of funding through the traditional channels. The company strives and continues to grow based on a back-bone of highly creative, dynamic and inventive experts, who work seamlessly to address the funding requirements of small-medium sized firms, organisations, companies, entrepreneurs, state enterprises and importers/exporters.
Presently businesses across the world do not have sufficient access to funding which limits their growth. The reason behind this is primarily the lack of adequate collateral to satisfy the funding and financial needs of the business. Hence, Albatross Fund has introduced collateraltransfer facilities in Africa, South East Asia, and South America so that businesses can develop in their region and grow globally.
With collateral transfer facilities, businesses can obtain collateral from the provider at a fee for a certain time period. A Collateral Transfer Agreement is signed by the Provider and the Beneficiary, in which the Provider agrees to issue the collateral in the form of (a) Demand Guarantee or (b) Letter of Credit towards the Beneficiary in return for a Fee.
During the time period of the agreement, the Beneficiary undertakes to utilize the collateral appropriately for expansion of their business operations that includes but not limited to import, export trading, and security for loans. The Beneficiary is responsible to pay off any debt against the guarantee prior to its expiry.
Albatross Fund has been active in the international market for several years and recently taken a public approach in embarking on its quest to “Re-create wealth for growth” of businesses.
For more information, please visit http://www.albf.biz/
Lucia, Global Operations Director
Tel: (+2711) 258-8522
Email: [email protected]
Administration & Enquiries Contact Us on: Building 2, Woodmead Country Club Estate, Woodlands Drive Woodmead, Johannesburg, 1701, Gauteng, South Africa