Services
The LCM has capacity to offers Consultancy, Advisory and Support services to interested third parties in the following key areas of Business Management:
(i) General Business Management Solutions.
(ii) Pledge of Possessions / Documentation to get Loans.
(iii) Marketing Research & Consultancies.
(iv) Project Feasibility Studies.
(v) Project Management Services.
(vi) Corporate Services.
(i) General Business Management Solutions: LC as can offer consulting services as full package of management solutions and give its clients an independent view under dynamic business circumstances and extend right advice and package of solutions for making appropriate adjustments, in the following areas such as;
Business Process Management: Studying a client’s business processes and assessing the opportunities of attaining efficiency in processes, production optimization and avenues of cost savings etc. Also identifying their staff training needs in respective areas of activities and determining the areas of improvement and making recommendations for improvements.
(a) Capital budgeting & appropriate balance sheet structure.
(b) Guidance on working capital management.
(c) Preparing an information memorandum/credit risk analysis and credit proposals and other documentation for arranging external funding.
(d) Helping its clients in studying existing company processes and financial practices, financial analysis and planning and advice on gaps that might currently be impeding efficient business operation and setting SOPs.
Quality Management: LC can provide adequate guidance to its clients in quality management covering the key principles like Customer focus, Leadership, Involvement of people, Process approach, System approach to management, Continual improvement, Factual approach to decision making and Mutually beneficial supplier relationships etc.
Human Resources Management: Human capital is the most vital component of any organization and LC can extend support to its clients in development of the quality of human resources.
Local / International Trade Finance Advisory: Advising business entities about structuring of the external funding modalities for any particular project or their trade finance requirements according to their type of business activity befitting their cash flow trends. LC can offer its vast experience in Trade Finance advisory to clients looking for mitigation of risks involved in trading locally and abroad through the right techniques and advice. We offer advice to clients on the following:
Trade finance products related to specific markets.
Negotiations with Financial Institutions.
Trade documentation.
International Trade Transactions Modalities: Advising business entities to understand the modalities of international trade transactions backed by Letters of Credit or Contract Guarantees or open account transactions.
Bank Finance Advisory & Support: LC can play a role of Agent for its clients and actively support clients in the negotiation of banking facilities, terms and conditions and achieving closure. LC can make judicious, suitable and appropriate business cases and funding proposals for securing external funding from banks & financial institutions and also securing business deals for its clients for their requirements of working capital, fixed assets acquisition and project financing etc.
LC can also offer all related services for debt restructuring and building bank syndications or club deals of sizable value, like producing Information Memorandum about borrowing entities, structuring of credit facilities and using our net work of contacts among banking circles to market those deals and entice banks to engage in financing. The financing products can be broadly like;
Term loans / Working Capital Funding.
Import Financing – Letters of Credit (LC) / short term Trust Receipts (TR)/ Long Term Funding for imports.
Export Credit.
Invoice Discounting / PDC Discounting / Factoring.
Guarantees & Bonds.
Staff Training & Capability Development: Structuring of training courses especially related to banking and financial affairs meeting specific institution’s demand and imparting the related knowledge in most effective manner.
(ii) Pledge of Possessions / Documentation: LC offers comprehensive advisory to its clients on pledging assets including documentation to get loans from financial institutions and also assist in selection of financial institutions. The scope of such services covers the following areas;
(a) Preparation and submission of related pledge documents.
(b) Release of pledge on assets / implications premature breaking of pledge.
(c) Refinancing and pledge of fully paid properties.
(d) Switching of financial institutions and transfer of pledged assets.
(e) Evaluation of financing rates and terms & conditions.
(iii) Marketing Research & Consultancies: LC offers advisory and guidance and operational assistance to its clients to achieve competitive advantage in market place and achieve best possible results for marketing sales boosting of clients products & services.
(iv) Project Feasibility Studies: LC offers a wide array of services for project feasibilities such as;
(a) Preparing project studies about residential and commercial construction, infrastructure and industrial projects taking into account the various factors related to the state of relevant economic sector in any particular geographical area or region and project financial / commercial viability.
(b) Preparing Cash flow projections along-with sensitivity analysis and also conducting risk analysis.
(v) Project Management Services: Offering services related to management of projects and guiding project processes start to finish as regards to planning, organizing, motivating and controlling resources and also set in place the procedures in order to achieve project objectives.
(vi) Corporate Services: Offers assistance to its clients in the following areas;
(a) Registration of companies and establishing their businesses on behalf of its founding members.
(b) Assistance in merger and acquisitions / developing partnerships / joint venture with foreign companies.
(c) Provision of secretarial and other related services.
(d) Legal Services in collaboration with an international law firm.