Metal Repo Financing | Inventory Title Transfer

Notice. Advisory services only. We are not a lender. Facilities depend on counterparty approvals, KYC/AML, collateral controls, and definitive documentation. Information is indicative and may change without notice.

Metal Repo Financing

Title transfer against warehouse stock with inspection and collateral management. Structured for traders, processors, and distributors moving exchange-grade and semi-finished metals.

What We Deliver

Facility Scope

  • Repo against eligible inventory with title transfer or pledge
  • Collateral management agreements and warehouse control
  • UPAS/LC overlays and receivables take-out where needed
  • Hedging alignment to tenor using listed futures and options

Sizes and Coverage

  • Ticket size: 5,000,000 to 75,000,000 USD per borrower
  • Regions: Europe, MENA, GCC, West/East Africa, LATAM, South Asia
  • Cargo forms: cathodes, billets, coils, bars, ingots, concentrates, scrap
  • Storage: approved warehouses and bonded terminals

Eligibility and Required Materials

Eligibility

  • Documented supply and offtake with exchange-linked pricing
  • Warehouse access with stock records and reconciliation cadence
  • Historic trade performance and bank statements
  • Clean sanctions profile for all counterparties and operators

Initial Materials

  • Inventory list with grade, brand, lot IDs, location, and aging
  • Assay/quality certificates and dispute mechanics
  • Proposed hedging policy and broker confirms
  • Insurance certificates with lender loss payee endorsements

We issue a checklist and data room index at intake. Execution proceeds when core materials are complete.

Risk Controls and Execution

Controls We Push For

  • Title transfer or pledge with possession control and warehouse receipts
  • Independent inspection, stock counts, and release protocols
  • Eligibility matrix by product, brand, location, and aging
  • Haircuts by grade and location; concentration limits by obligor
  • Commodity and FX hedging aligned to exposure tenor
  • Sanctions, AML, and UBO checks across all parties

Execution Timeline

  • Week 1: intake, eligibility screen, and document gap list
  • Weeks 2–3: data room, model, and term sheet targeting
  • Weeks 4–6: credit processes, CP schedule, documentation
  • Week 6: first draw subject to CPs and facility approval

Sample Term Sheet (Illustrative)

Borrower Metals trading company or offtake SPV
Facility Repo against eligible inventory with title transfer and collateral management at approved warehouse/terminal
Size Up to 75,000,000 USD initial commitment, scalable with performance
Advance Rate 60–85% of eligible stock after haircuts and reserves
Tenor Revolving up to 364 days; individual draws aligned to shipment cycles
Pricing SOFR/EURIBOR + margin per risk band; storage, inspection, and collateral fees pass-through
Collateral Title transfer/pledge over inventory, control accounts, receivables assignment where applicable
Covenants Borrowing base tests, concentration limits, hedging undertakings, sanctions warranties
Conditions Precedent KYC/AML, CMAs, insurance, legal opinions, security perfection, warehouse approvals
Governing Law England and Wales or New York, as agreed

Indicative only. Final terms are set in definitive documents after underwriting and counterparty approvals.

Start Client Intake

Book a consultation or request a quote. We structure, underwrite, and place metal repo facilities with defined collateral controls.

Open Client Intake

Disclosures. We act as advisors. No guarantee of pricing, approvals, or timing. Facilities are subject to eligibility, collateral control, lender approvals, and completion of definitive documentation.