ITFA NEW MEMBERS, October 2024

ITFA is pleased to welcome two institutions to its growing family:

Advance Global Capital (AGC) is a UK-based, impact-focused fund manager dedicated to supporting the development of SMEs across both developed and emerging markets through trade finance, with a particular focus on receivables finance.

Chief Risk Officer, Mr. David Antic, will be the main contact for ITFA matters.

Mr. Antic explained that their team brings deep expertise in global financial services, investment management, impact investing, and small business development. Headquartered in London, with a satellite presence in Cape Town, South Africa, Mr. Antic stated that they pride themselves on a diverse and inclusive work culture. With several decades of combined experience among the senior management team, AGC are passionate about the potential for private capital to make a meaningful impact. AGC collaborate with our stakeholders to strengthen local financial ecosystems and leave them better than they found them.

Intercredit Bank, N.A., based in Miami and founded in 1992, is a full-service commercial and consumer financial institution offering high-quality banking services. The Bank is a National Association, supervised by the Office of the Comptroller of the Currency (OCC), and insured by the Federal Deposit Insurance Corporation (FDIC).

Intercredit’s Board of Directors, led by Chairman Simon Cruz, along with Senior Management and staff, form a dedicated group of professional bankers with extensive industry experience. The team is committed to providing the highest level of personalized banking services to corporate and consumer clients. They continually strive to offer an experience that is professional, pleasant, and efficient to all stakeholders, including customers, the community, staff, and shareholders.

Mr. Sergio Durand, Trade Finance Manager, will be the main point of contact for ITFA matters.

Interested in joining our growing institution? Please click here » Membership Benefits (itfa.org) for more information or send us an email on info@itfa.org.