With FBNQuest Merchant Bank’s Agency Services Solution, we serve as a facility agent to help manage financial transactions between Borrowers and Lenders in addition to handling the flow of funds between a transacting party.
A Facility Agent is a person who works for a company that manages facilities. Facility Agents oversee the management of cash flow as well as the communication between the borrower and the lenders. Facility Agents provide continuing transaction assistance by serving as the principal point of contact for all parties involved in a syndicated loan (a syndicated loan is a loan issued by a group of lenders that join to provide cash for a single borrower).
In a market characterized by rigorous laws and the necessity to efficiently manage possible conflicts of interest – particularly in workout or restructuring scenarios – lenders are increasingly seeking independent service providers to manage the agency aspects of their portfolios.
As Facility Agents, we have extensive market experience and specialist knowledge to support a wide range of loan financing, extending to complex leveraged finance and multi-currency transactions. We offer bespoke agency services, promptly assessing transactions and responding to client needs in situations where speed and flexibility are of upmost importance.