Earns discount commissions and interest by buying postdated cheques from businesses that need faster cash flow, and interest plus profit-participation on loans that finance residential and commercial development projects.
Geographic Exposure
IsraelN/A
Revenue Drivers
Deferred cheque discounting
Buys postdated cheques from businesses against a commission until maturity
CORE83.6%
Real-estate development credit
Equity-completion, mezzanine and senior loans to property developers
SIGNIFICANT16.4%
End Markets
Infrastructure and construction contractors
Real-estate developers and project companies
Wholesale, commerce and distribution businesses
Food, agriculture and import businesses
Manpower and services businesses
Finance, leasing and sub-discounting companies
Specializations
Discounting against third-party endorsed instrumentsProfit-participation kickers on development loansResidential, hotel and sheltered-housing project financeLending to special-purpose project companiesSecond-rank charges and assignment of project rightsCooperation with insurers on project guarantees+2 more
