Phoenix From the 9/11 Ashes: Escrow Financiers Sterling-Bond Cross the $100 Million Barrier
Three years after the 9/11 disaster international escrow merchant account and trade finance service provider Sterling-Bond.com cross a remarkable threshold, successfully completing their first $100 million transactions. Founded by business consultant and finance manager Michael Bond the organisation specializes in financial solutions to businesses needing secure cashflow and protection from trading fraud.
(PRWEB) February 17, 2005 -- Three years after being launched in the shadow of the 9/11 World Trade Centre disaster Sterling-Bond.com, the Manchester-based financial escrow services and merchant account organisation, has announced the successful completion of their largest transaction to-date - providing escrow security for a group of $100 million transactions on behalf of key European property developers.
The organisation was founded by business consultant Michael Bond following earlier work on secure financial transaction services while based at Manchester University in 2001. That work came to a sudden end with the 9/11 disaster, forcing a change in direction and what is now a remarkable period of development.
Sterling-Bond offer a unique specialist credit management service through a secure escrow merchant account facility that guarantees payment for goods and services to traders in need of the highest security, especially when dealing with new or distant customers.
The range of services developed by Sterling-Bond has meant the attraction of key clients needing a knowledgeable hands-on approach to serving complex financial demands. This is what has drawn leading clients from around Europe to the company. The latest projects to have been secured through Sterling-Bond, included a new hospital and a major tourist resort in Europe. The company helped deal with structured finance schemes in association with leading international financial providers allowing the projects to go ahead in the next few weeks.
The Sterling-Bond involvement meant a greater security for these projects than would otherwise be possible and reflect the quality of service offered to all clients. Whether a business is a major developer looking for finance for a project, or a small inter-business (B2B) transaction of goods for cash Sterling-Bond have a solution to their needs.
The core of Sterling-Bond's work is providing a no-risk from of financial exchange, guaranteeing that businesses will be paid by ensuring the customer pays in advance into a unique escrow account before dispatch of goods or services, in this latest case financial commitments. The company have developed many variations of their service for different industries and users. Whether it is a single transaction or a complex long term project management of funds, the company can create an appropriate answer to the key question of financial security.
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