Global Credit Facility
A Global Credit Facility is a combination of the Lombard Facilities – overdrafts, back to back loans, invest loans and forwards. Trusted Novus Bank provides you with this multi-product solution and we call this a Global Credit Line.
A Global Credit Line provides you with further flexibility to take up different credit lines depending on your future plans and liquidity needs. In order to secure a Global Credit line with us your collateral needs to be in readily saleable assets such as cash and investments, and it is very important that you have an in-depth knowledge of financial markets and that you are fully aware of the risks involved in this facility.