"There are inherent synergies in a bank leveraging its role as an acquirer with the practices of its commercial business units to offer solutions to businesses seeking capital. An example of the synergies inherent in a bank's acquiring and commercial business units is that of "merchant receivable lending". This product, pioneered in Asia by AMP, allows the bank to provide financing secured by the settlement proceeds of the merchant's card transactions."
the nations, July 2009
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The "Small" Business Specialists
Where traditional lenders see yours as a "small" business, we see your business as our ideal client. We know that your business represents your passion, your livelihood, your ideas, your reputation, your responsibility to customers and employees -- and, most of all, your determination, sweat and hard work. To AMP, yours is a big business, and we are here to help, with our business loans and strategic advisory services.
When your bank says "no", we say YES!!!
We do not see ourselves as competitors to traditional bank lenders. Rather, we are the "lender of next resort" - we lend where the traditional bank lenders say "no", providing loans to those businesses for which the bank credit products are either out of reach - because of strict underwriting requirements, personal guarantees, or posted collateral - or not worth the effort for what is seemingly a small amount of credit.