Cornerstone FS plc (CSFS)

Overview

Cornerstone FS plc is a financial services company that specializes in providing international payment, currency risk management, and electronic account services. Utilizing a proprietary cloud-based multicurrency payments platform, the company caters to the needs of both individuals and businesses seeking efficient and secure methods for managing their international financial transactions. Founded in 2010 and headquartered in London, the United Kingdom, Cornerstone FS plc has established itself as a reliable partner for foreign currency exchange and payment solutions.

Products and Services

• Foreign Currency Exchange and Payment Services: These services are tailored for individuals and businesses that need to conduct transactions in foreign currencies. Cornerstone FS plc offers competitive exchange rates and ensures that payments are processed quickly and securely, facilitating smooth international trade and personal international payments.
• Import and Export Financing: Cornerstone FS provides specialized lending options designed to support businesses engaged in importing or exporting goods. This financing can help companies manage cash flow gaps between receiving goods and making payments to suppliers.
• Invoice Financing: This service allows businesses to borrow money against the amounts due from customers, improving their working capital and cash flow, enabling them to continue operations or expand without waiting for customers to pay their invoices.
• Bridging Loans: Bridging loans are short-term lending options ideal for businesses and individuals who need quick financing to bridge the gap between making a payment and receiving funds from another source, commonly used in real estate transactions.
• Asset Financing: This type of financing is based on the use of a company's assets, such as equipment, inventory, or receivables, as collateral to secure a loan, enabling businesses to obtain the necessary equipment or cash flow without significant upfront investment.
• Property and Equity Financing: Tailored towards real estate investments, this service provides financing options based on the equity of owned property or through secured loans against property, supporting businesses and individuals in property acquisition or development projects.
• Grant Funding: Cornerstone FS also assists businesses in securing grant funding, which is non-repayable funds disbursed by one party, typically a government department, corporation, foundation, or trust, to a recipient, often a nonprofit entity, educational institution, business, or an individual.
• Unsecured Lending Services: These are loans provided to businesses without the need for collateral. Unsecured lending is typically based on the borrower's creditworthiness and is an option for businesses or individuals who may not have significant assets to offer as security.