Seneca Banking Consultants have been established as part of the widely experienced Seneca Group, serving the funding, investment and advisory needs of corporates.
Seneca Banking is a leading banking consultancy, serving cross-sector businesses who have been mis-sold complex financial products, such as Interest Rate Swaps, Tailored Business Loans, and Currency Swaps.
We also serve businesses who have been mistreated by business support units such as Royal Bank of Scotland’s former turnaround unit, the Global Restructuring Group.
We hold major banks accountable by winning redress for SMEs mistreated by the likes of NatWest, Lloyds Bank, Yorkshire Bank and Royal Bank of Scotland. Unlike our competitors who are law firms, we offer a full in-house solution to businesses pursuing a claim.
The Seneca Banking team is made up of highly accomplished corporate financiers, chartered accountants, bankers, corporate and commercial lawyers. Our business culture promotes teamwork and collaborative results, so together, we can provide our clients with a first-class claims management service.
The Global Restructuring Group was Royal Bank of Scotland’s former turnaround division which was used to raise money for the Bank. Mistreated businesses were sold of their assets and eventually driven into liquidation.
Interest Rate Hedging Products
An Interest Rate Swap or Interest Rate Hedging Product is a type of financial derivative, used as protection against rising interest rates, usually sold alongside a bank loan, such as swaps, caps and collars.
Tailored Business Loans
A Tailored Business Loan is embedded into a loan facility which is separate to a standard loan or hedging arrangement. It appears as a standard fixed rate loan with many associated risks which are often unexplained.
A Currency Swap is a foreign exchange derivative that can allow a company to enter into a foreign market with the benefit of domestic rates in the respective country, protecting themselves from currency fluctuations.
When selecting your advisor, choose a business partner that extends capabilities beyond the claims process. At Seneca Banking, our team are equipped with comprehensive knowledge of the banking sector, structured lending products and the associated contracts.
If you have been mis-sold a complex financial product, get in touch for a free no obligation consultation with a member of the Seneca Banking Team.
