Escrow Services

What is an Escrow Service?

An escrow service is a process by which a third party (the escrow agent) holds assets on behalf of two other parties that are processing a deal. The escrow arrangement offers the parties involved a method of protection against bad transactions. Typically, in a transaction, one party purchases a product or service and the other party will supply it. In many transactions, there is no guarantee that respective parties will honour the agreement made. This could result in no payment or no delivery of goods and services – which is where an escrow agent comes into play. Escrow agents hold these assets only releasing them once they receive confirmation from the parties that the transaction is complete, and all obligations have been met.

Scenarios where Escrow Services may be required:

  • Financing

  • Mergers

  • Debenture

  • Acquisitions

  • Raising Capital

  • Regulatory compliance

 

To carry out these services, we work in partnership with More Group Capital Services (MGCS). MGCS is an independent provider of trustee services and is experienced in acting as an escrow agent in a variety of complex transactions.

Outdoors Meeting

In partnership with

MGCS we can:

  • Hold security overcharged assets on behalf of secured parties

  • Act as an impartial holder of security for the benefit of lenders

  • Review amendments and other requests on behalf of lenders

  • Release from, or accept additional assets into the security portfolio

  • Enforce security in the event of default

How we can

help you

Our partner, MGCS has experience working with leading institutions dealing with a range of asset classes, structures, and jurisdictions. Alongside MGCS, we will deliver an efficient, accurate, and impartial service to clients.

Many companies encounter inadequate business deals, leaving them short-changed. Clients seek our services as a precaution to prevent it from happening again. Through working with MGCS, we ensure our clients’ interests are protected during complex business transactions.

If you want to protect your business transaction welfare, contact us for today to book a free initial consultation.

Looking for Escrow Services?

Discuss your needs in detail with our Specialists today!

Call us on 020 7648 8950 

 

or

  • LinkedIn

Terms and Conditions  Privacy Policy  Cookies Policy

 

© 2021 More Group LTD. All rights reserved.

Offices in UK and Ireland. Associated businesses in Netherlands, UAE, and USA. Registered UK Office: More Group (Accounting) Limited, 65 Compton Street, London, EC1V 0BN Registered in UK & Wales with Company Number: 08282882 Directors: M.Conroy FCCA ACA Chartered Tax Adviser FFA FFTA and D.Mould FCCA FAIA CMgr MCMI Registered Ireland Office: Distillery Buildings, Lauragh IDA, Bandon, Co. Cork More Group is the registered business name (no. 535859) of Moretogether (Ireland) Limited, Registered in Ireland with Company Number 5503860 Directors: M.Conroy FCCA ACA Chartered Tax Adviser FFA FFTA (British), D. Mould FCCA FAIA CMgr MCMI (British) and Lee Fox.

-

 

 

Website by Divergent Path.