We offer our customers Merchandise Certificates of Deposit (MCD) and Pledge Bonds, secured certificates that can only be issued by a General Warehouse (GW).
By using these, we make it easy to access credit by pledging inventories.
What are BP Pledge Bonds?
A pledge bond is a secured certificate that incorporates collateral credit over the merchandise covered by the certificate of deposit, and it grants the rights and privileges of the pledge. The purpose is to ease access to credit by pledging the merchandise that is under the custody of a General Warehouse (GW).
- You can be funded with your stored merchandise
- The merchandise can be in your warehouse or ours, as long as it meets some specifications
- You will have cashflow to optimize your business
- Domestic Coverage