Shipping is a highly volatile and capital-intensive industry. In a market where valuations often fluctuate from one day to another, buyers of liquid shipping assets often need to lift their financing subjects towards the seller just a few days after they have entered into a vessel purchase agreement. For such transactions, it is crucial to obtain financing commitments quickly. An established client relationship with a bank that can provide firm loan commitments in a very short time, will ensure that you don’t miss out on attractive investment opportunities.
At Pareto Bank we are able to swiftly indicate on loan financing inquires and obtain credit approval within two weeks from the indicative terms have been agreed upon.
The key behind Pareto Bank’s swift response is as follows:
Pareto Bank has short decision lines. As opposed to traditional larger shipping banks, where efficiency depends on the cooperation of large specialist departments, we are a small shipping team where everyone is hands-on and involved in the entire process. In Pareto Bank, we do all the work ourselves – from A to Z.
Every member on the team
and can indicate and negotiate the terms and conditions toward our customers
In Pareto Bank, we seldom have to wait for answers from colleagues or decisions to be taken at a higher level in the organization. As a client in Pareto Bank, you will always communicate with the same advisers.
To offer competitive financing terms in line with the current market, the bank has to assess risk factors along multiple axes in order to get the necessary comfort before approving a loan.
The most important areas we typically assess are
An already established relationship between the customer and the bank and timely delivery of information needed to perform risk assessments are also critical elements of obtaining credit approval within two weeks.
We look forward to assisting you in making your next deal a success and welcome you to learn more about our services.
Temaer: Shipping- offshorefinansiering
Kvalshaugen startet i Pareto Bank i 2018. Han har lang erfaring fra shipping og offshore og kommer senest fra Klaveness Marine (2006-2018) hvor han siden 2010 har vært med på å forvalte og utvikle en diversifisert portefølje av syndikerte prosjekter, joint ventures / partnersamarbeid, obligasjoner, børsnoterte aksjer innen de fleste shipping & offshore segmenter. Kvalshaugen var også i flere år Controller i økonomiavdelingen i Torvald Klaveness Gruppen (2006-2010) der han hadde fagansvar for skatt og regnskap. Kvalshaugen startet sin karriere i revisjon hos EY Oslo i 2003 og er siviløkonom fra BI og statsautorisert revisor (Høyere Revisor Studium fra NHH).
Tett på er din kilde til faglig kunnskap, fornyet innsikt og nyttige verktøy knyttet til finansiering, arbeidskapital- og likviditetsstyring og planlegging av lønnsom vekst.