Amtrust Financial Consultants Inc. of Makati, The Philippines announces they completed financing secured by Standby Letter of Credit for finalization of share buyback programs of several distressed and/or defunct securities firms and escrow firms.
Online PR News – 24-December-2011 – – MAKATI, The Philippines - Amtrust Financial Consultants, Inc., a major International Financial Organization based in The Philippines, announced today that the Company has completed the required financing secured by Standby Letter of Credit to acquire active and non active client accounts from several non-performing shell corporations including the some of the non-performing or defunct brokerage firms and escrow companies listed below.
Amtrust Financial Consultants Inc., an Asian leader in tax minimization, asset management and securities servicing is a multi-national corporation with offices in Malaysia, Taiwan, and affilliates in The United States.
The financing will provide Amtrust Financial Consultants Inc. with initial funding required for its 2012 Business Plans to acquire client accounts from several non-performing shell corporations and defunct brokerage & escrow firms to assist overseas investors recover their investment with No Advance Fee required,
Some of the brokerage firms are listed below:
Isaac Paige Associates
P.O. Box 65345
Seattle, WA 98381
Maddison Jardine Associates
P.O. Box 41953
Seattle, WA 98381
MIT Associates Inc.
701 Fifth Avenue,
Seattle, WA 98104
Some of the Escrow companies are listed below:
Park Lane Group (Also known as Parklane Financial)
Suite 1800, 130 King Street West,
Sovereign Secure Holdings
Suite 1801-1 Yonge Street,
And several other firms currently classified as non-performing or defunct and no longer in operation.
“John Woodbridge” spokesman for Amtrust Financial Consultants Inc. stated that “We are pleased to have been able to construct a viable method for clients of the above firms to recover their investment dollars with no advance fee required, especially at a time when traditional lenders are increasingly cautious in extending financing”.
He further stated, “It is quite an achievement to be able to offer the NO Advance Fee program to investors in this financial climate and is indicative of the strength and confidence of Amtrust Financial Consultants Inc.
About the company:
Amtrust Financial Consultants Inc. is a duly registered Philippines corporation and a leading provider of financial products and services to international investors worldwide.
Contact the company for further details.
The information in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based upon current market expectations and may be subject to significant market fluctuations which may be beyond the company’s control.
Additional information can be found in the company’s filings with The Philippines Securities & Exchange Commission.