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Facilitates loan services under a syndicated loan and/or joint project in the case of project finance.
Serves as middleman to coordinate financial matters, credit and legal issues between borrowers and lenders, including related parties, i.e. legal, financial and technical consultants
Ensures that all relevant parties follow contractual conditions and rules
Serves as middleman to oversee submitted security in two roles as: Facility agent – to serve as loan coordinator, and Security agent – to serve as security representative
Benefits
Provides a representative to coordinate and communicate between borrowers and lenders, saving time and cost
Borrowers and lenders can consult with SCB regarding syndicated loan agreement
Serves as your representative to take care of a security properly and safely