| |
|
| |
Insurance Guarantee For Water Desalination Plant In Israel |
| |
Located on Israel's southern Mediterranean coast, the new Ashkelon SWRO plant will supply approximately 15% of Israel's domestic needs. It is the first of a number of similar large-scale seawater desalination facilities planned. Shield International arranged insurance completion guarantees for this project in excess of $50 million USD in the international markets.
|
 |
|
| |
Funding for an automotive manufacturer in China |
| |
A major supplier of electrical wire harnesses for the automotive industry based in the People’s Republic of China (PRC) needed to accelerate its cash flow and enhance its working capital in order to increase and expand production to keep up with the demands of its clients.
The company needed to raise money for a new production plant and obtain additional financing to purchase raw material for increased orders. Local banks in the PRC will not fund private organizations with capital. In order to reach the level of production needed, additional funding was required in order to pay suppliers on a timely basis and finance the trade cycle.
Shield International enabled the manufacturer to receive the necessary credit insurance and financing to meet their requirements. As a result of our services, they have been able to sign contracts with several new customers and are now poised to enter the international market.
|
| |
Completion Guarantees for Airport City in Israel |
| |
Airport City is one of the most exciting developments in Israel, not only because of its size but also because of its global nature. Ben-Gurion is the country's main international airport, and is expected become the Middle Eastern hub for most international airlines flying to the region. Shield International arranged completion guarantees, infrastructure guarantees and construction completion guarantees on a phased multi-year basis in excess of $100 million USD. international markets.
|
 |
|
| |
Credit insurance for a textile manufacturer in Hong Kong |
| |
A wholesaler of textile items based in Hong Kong needed a solution to evaluate credit risk for buyers based in Hong Kong, Singapore, Australia, France, and the U.S. The company needed to determine if and when to continue supplying buyers who purchased on credit. Shield International was able to secure credit insurance for the company, which in turn gave the company the resources of an international organization to evaluate the credit of buyers and take the credit risk for non payment.
|
 |
|
| |
Credit Insurance for a Hong Kong technology manufacturer |
| |
This company manufactured display technology products and needed a facility to finance the trade cycle for its key buyers based mostly in Asia. At issue was how to evaluate the credit of customers and how to arrange financing so that the company could handle increasing orders and continue selling to their buyers that purchase on credit while protecting their own receivables.
Shield International assisted the manufacturer by securing the resources of an international organization to evaluate the credit of buyers and the take the risk credit risk for non payment. With this insurance in place Shield was able to negotiate a multi-year revolving line of credit for the company.
|
 |
|
| |
|
| |
Credit insurance for a manufacturer of DVD memory drives in Asia |
| |
This company needed financing for growth in order to handle an expanding trade cycle. Its customers were primarily based in Asia but the company was interested in selling to U.S. customers as well.
Shield International was able to secure a lender to commit to finance the trade cycle backed by insured receivables, enabling them to sell with reduced risk and finance their growth.
|
 |
|
| |
|
