OUR SERVICES
- SURVEY SERVICES
STORAGE MONITORING AGREEMENTS / SMA
The difference of SMA from CMA is the related storage is periodically kept under FABER’s SMA control / inspection / survey of which durations is identified by The Banks. SMA Systems are mostly prefered due to the easy process management and the small charges.
SMAs are generally applied at the storages which are already under custodial care such as Bonded Warehouses, Customs Warehouses and Barrower’s Premises Warehouses. In cases SMAs are applied to the commodities that are already under custodial care, The Banks can credit the Depositor by demanding periodical FABER’s SMA Reports (Daily, Weekly etc). As per Instruction of the Bank, FABER confirms the existence of the bulk stock quantities by visual means using dimensions of stock piles and stowage factor and/or piece storage quantities are determined using number of pieces and theoretical weight and/or bundled stock quantities are determined using number of bundles and theoretical unit weight, as well.
These inspections are carried out to the best of FABER’s knowledge and without prejudice. FABER’s report reflects only the real findings at the time of inspection.
FABER SMA Daily (Or whatever Duration Required) Reports are supported and accompanied by visual images and numeric calculations that reflects the state of the stocked commodities.
Under a SMA, we monitor and inspect your cargo in storage facilities following strict internal FABER standards.
A SMA allows you to monitor a loan using physical commodities as collateral. It is a three-party agreement among you (the product owner/borrowing party), FABER (the collateral manager) and your credit institution (The Banks). You can obtain Stock Monitoring Agreement Drafts by directly calling/mailing to us. Under a CMA, FABER acts as the monitor/inspector party of your commodities until you meet the requirements of the financial institution. We control the delivery of your goods to our site and the final sale/export according to contract terms and instructions.
SMAs are mostly ideal for those Manufacturers who have Bonded Warehouses in their premises and dealing with importation of raw materials required for their plants.
A SMA provides to those Manufacturers the advantage of partial clearing the imported raw materials from the Bonded Warehouses (Customs Area).
Risk Identification :
With FABER as Stock Monitor by observing the industry from up-close, it mitigates the lenders risks, by notifying the changes in the industry, and reducing other risks, Storage Monitor may at times lower the financing spread applicable to a transaction.
Risk Measurement :
Storage Monitor is a recognized risk mitigation mechanism under the Bank for International Settlements Basel II accords.
Trade Goods and Control Risk :
An SMA allows you to secure a loan using physical commodities as collateral. It is a three-party agreement among you (the product owner/borrowing party), FABER (the collateral manager) and your credit institution.Under a SMA, FABER acts as the custodian of your commodities until you meet the requirements of the financial institution. We control the delivery of your goods to storage premises and the final sale/export according to contract terms and instructions.
Under an SMA, we monitor your cargo in your storage facilities following strict internal FABER standards and we secure legal control of the storage facilities by the Storage Monitoring Agreement concluded with The Owner of the Premises
FABER Reports :
FABER daily collateral inventory reports provide you exact and reliable detailed reports on sight.
Trade Goods and Control Risk :
FABER Collateral Management, stock monitoring and cargo-guarantee services provide you with the solutions you need to reduce your operating risk and improve profitability. We ensure that the quantityand/or quality of goods you store or ship comply with contractual requirements. FABER certificates are recognized in the international financial community and throughout the industry. Our services are available globally to producers and shippers of bulk, bagged, steel and scrap to help maximize operations and reduce your financial risk.
FABER takes periodically monitoring for your cargo while it is in storage. We guarantee the cargo’s weight at the storage, eliminating your risk of shrinkage and financial loss. If there is shrinkage, there is no financial responsibility on your behalf. In the case of war or political unrest, your cargo is guaranteed. FABER CMAs provide you with additional financial advantages by:
Facilitating access to structured trade finance
Making trade finance more economical
Allowing longer-term revolving financing
Benefits for our Clients :
Borrower-specific and collateral-specific systems for monitoring and control
Monitoring & control mitigates risk and improves asset quality
Credit risk reduced to performance risk and mitigated by FABER
Customized, on-line information flow at periodic intervals
Generates early warning signals from the ground enabling prevention of defaults
Advisory services from a panel of Technical / Industry experts
Origination of credible and tradable paper based on FABER’s documents
Steel and Steel Scrap Dept.:
FABER stock monitoring services are valuable and trusted tools in managing and enabling transactions globally. Quantity assessments and essential for fertilizer trade financing, and are effective risk reduction procedures.
Control & Monitoring :
Our stock monitoring experts are available at points of shipment around Turkey and around the clock to help you.
Verification of delivery of ordered quantity to nominated carrier
Hold inspection
Visual inspection and reporting on condition material
Tally /counting of coils, bundles, etc…,
Determination of weight by Draft Survey,
Determination of weight by trucks, lorries or wagons on port’s weighbridge,
Daily report and final certified certificates
FABER
Consultancy & Survey
Danışmanlık Gözetim ve Denetim İnşaat Sanayi ve Ticaret Ltd. Şti.
Faber Consultancy & Survey Storage Monitoring and Collateral Management group, has long been recognized as an innovator in the field of collateral management services, offering dedicated services and resources to meet various specialized client needs. The group has been managing approximately $220 Mio in total collateral management balances in the past four years.