ADB puts forward a strong, well-outlined strategy and offers high-level tailor-made banking to its clients, with a powerful personal approach.
ADB NY is located in the heart of the diamond area and has a crew of specialised diamond bankers. It has the full back up support of KBC NY which can easily provide all types of financial products
ADB is specialised in financing diamond manufacturers and traders, as well as jewellery manufacturers and jewellery wholesalers.
(The companies taken into consideration require a minimum solvency and turnover, resulting in a low seven figures credit request or up.)
Emphasis lies on the financing of sales, on a time-limit basis, actually as part of the asset conversion cycle of the client. Financing of stocks, including consignments, is possible to a certain extent. The first lien on the assets gives this type of credit an “asset based” character.
ADB’s credit facilities generally are uncommitted, Libor-based overdraft facilities.
Each credit file is personalized, based upon clients’ needs. A monthly borrowing base certificate is a standard requirement.
ADB offers to the US-market a full range of commercial, lending and collection services destined for middle- to upper- middle market firms and multi-national wholesale diamond & jewelry companies located in the New York metropolitan area, including sight holders, manufacturers and dealers.