London-based metals trading firm Amalgamet Ltd, part of Amalgamated Metal Corporation PLC (AMC Group), announces that it is expanding its commodity trade finance business in order to facilitate the growth and development of small and medium-sized enterprises (SME’s), as well as certain larger institutions.
Amalgamet Ltd will look to build relationships with producers, manufacturers, traders and end-users in the metal industry to offer an alternative financing route from the usual banks. The holding company of Amalgamet Ltd, AMC Group, possesses a strong financial position hence it is prepared to finance businesses of all sizes in the metals industry.
Amalgamet’s alternative Commodity Trade Finance will support the movement and storage of physical commodities. Typically, funds are granted to the borrower to purchase metal or raw material for their own production, or on behalf of a third party. The finance could cover trading, production, processing, transportation and the distribution of essential commodities all over the world. Producers, manufacturers, processors and traders all rely on this flow in the form of prepayments, payment for goods in transit or stock financing.
AMC Group was founded in 1929 and owns trusted global manufacturers and traders of non-ferrous metals. AMC Group is the holding company of a group of companies that have a shared ethos based on reliability, integrity and professionalism. The Group’s financial stability is supported by its 2019 accounts that are openly available on the AMC Group website – http://www.amcgroup.com/
For enquiries, please contact:
Minor Metals Trader at Amalgamet Ltd.
Mob: +44 798 554 7098