In addition, there is a specialized collection function to manage default accounts. The exposure to credit risk compared to the lender`s deposit with Secure Trust Bank is more concentrated, but the counterparty is a regulated banking institution and the credit risk is considered low. Secure Trust Bank PLC is a retail bank based in the UK. The company offers savings accounts and loan services. The company operates in seven segments: real estate finance, asset finance, trade finance, auto finance, retail finance, debt management and consumer mortgages. The Real Estate Finance segment deals with residential and commercial investments and development loans secured by UK real estate. The Asset Finance segment deals with loans to small and medium-sized enterprises for the acquisition of commercial real estate. The trade finance sector is involved in invoice discounting, invoice factoring and financing the coronavirus business interruption loan program for existing trade finance clients. The Motor Finance segment offers lease-purchase agreements that are guaranteed against the vehicle to be financed. The Retail Finance segment offers unsecured point-of-sale financing for in-store and online retailers.
The debt management sector deals with debt collection. One Arleston WayShirleySolihull B90 4LHUnited Kingdom44 12 1693 9100www.securetrustbank.com Secure Trust Bank PLC provides banking and financial products and services in the UK. It operates in seven segments: real estate finance, asset finance, commercial finance, auto finance, retail finance, debt management and consumer mortgages. The Real Estate Finance segment provides loans for residential and commercial investments and developments as well as for mixed development projects. The asset finance sector offers loans to small and medium-sized enterprises (SMEs) for the acquisition of commercial real estate such as commercial vehicles and construction and manufacturing facilities. The trade finance industry offers invoice financing solutions, including invoice discounting and factoring, as well as coronavirus-related business interruption loans for businesses. The Motor Finance segment offers lease-purchase agreements that are guaranteed against the vehicle to be financed. This segment distributes its auto financing products through car dealerships, brokers and Internet introducers. Under the V12 brand, the Retail Finance segment offers unsecured point-of-sale financing for both physical and online retailers. This segment serves retailers in various industries including cycling, music, furniture, outdoor/leisure, electronics, dental, jewelry, DIY, and football subscriptions. The debt management industry offers debt collection services. The consumer mortgage industry offers residential mortgages to the self-employed and contract workers through mortgage intermediaries.
The company also offers term deposits, notifications and demand deposits; rental of real estate; and leasing services. Secure Trust Bank PLC was founded in 1952 and is headquartered in Solihull, UK. Secure Trust Bank says the year`s results exceed expectations and pay an interim dividend. Please report your traffic by updating your user agent to include company-specific information. . There are other competitors like One Savings Bank and Secure Trust that have entered different parts of the market, while Atom Bank is expected to launch next year as an internet-only bank. This condition 6 also applies to debts to other companies in the Secure Trust Bank group and accounts held with them. The financing from Secure Trust Bank Commercial Finance will facilitate the company`s future development and expansion plans. Those Mr Dickerson included in his analysis are: Aldermore, Handelsbanken UK, Metro Bank, One Savings, Secure Trust, Shawbrook and Virgin Money. I declare that all statements made in this statement are correct and complete to the best of my knowledge and conviction. I agree to notify Secure Trust Bank within 30 days of any change in circumstances that affects the tax residency status of the person mentioned in Part 1 of this form or that renders the information contained in this form incorrect, and to provide Secure Trust Bank with a duly updated self-certification and statement within 90 days of such change of circumstances.
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This SEC practice is designed to limit excessive automated searches to SEC.gov and is not intended or should not affect anyone browsing the site SEC.gov. Caroline Packaging, a wholesale supplier of disposable tableware, is expected to generate £5 million in revenue over the next two years after Secure Trust Bank Commercial Finance received a billing facility that will help it launch its products across the UK and expand into European markets. . The Secure Trust Bank PLC ISS Governance QualityScore of N/A is N/A. Pillar assessments are audits: N/A; Board of Directors: N/A; Shareholders` rights: N/A; Compensation: N/ A. Unauthorized attempts to upload information and/or modify information to any part of this website are strictly prohibited and subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C §§ 1001 and 1030). Sector(s) of activity: Financial servicesIndustrie: Banks – RegionalFull employees: 1 003. Secure Trust Bank claims that trading complies with previous guidelines. .