We hold, in trust, the collateral documents presented by contracting parties in any project or debt financing transaction. When the finance transaction is successfully completed, the trust is dissolved and the assets are returned to the borrower. However, if the finance transaction fails, the assets are liquidated and the proceeds are distributed to the creditors.
What it offers you:
As security trustees, we offer the following services:
- Security of title documents/collateral which are held in trust
- Prompt and accurate information on status of title documents to transaction parties as may be required
- Provision of funding requirement of the Stamp duty escrow account
- Compliance on insurance policy on security assets.
Contact us for a discussion, to determine what you need.
The Wealth House,
Plot 1678 Olakunle Bakare Close
Off Sanusi Fafunwa Street
Victoria Island, Lagos, Nigeria.
Tel: +234 1 280 1266 Ext 1033, 1016