KLASS BANK

Prepare the business for a change of scale

Expansion, ownership changes and new banking authority each need a different plan. Select the event and send a focused brief.

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Colleagues developing a plan at a whiteboard.
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Find the arrangement that fits

Select an option to build your preparation list and a focused request to KLASS BANK.

Expansion and investment

A growing operation

Align account capacity, cash requirements and funding with the next trading stage. Identify which changes must be ready before new commitments begin.

What to compare and prepare

Separate operating cash, investment funding and payment-service requirements.

  • Expansion timetable
  • forecast cash needs
  • new markets or entities
  • funding sources

Ownership transition

A change in ownership

Prepare for a sale, succession or change in control by identifying the legal entities, existing facilities and banking authorities affected.

What to compare and prepare

Account authority and borrowing arrangements must be reviewed for the transaction.

  • Proposed structure
  • ownership timetable
  • advisers
  • affected accounts and facilities

New signers and responsibilities

A new operating team

Describe the access each person needs and the authority under which they will act. Changes to banking mandates follow the bank verification process.

What to compare and prepare

Distinguish account ownership, payment authority and information access.

  • Entity details
  • roles changing
  • effective date
  • authorising documents for secure submission
Compare all options side by side
Compare the purpose and terms to review
OptionPrimary needTerms to review
Expansion and investmentA growing operationSeparate operating cash, investment funding and payment-service requirements.
Ownership transitionA change in ownershipAccount authority and borrowing arrangements must be reviewed for the transaction.
New signers and responsibilitiesA new operating teamDistinguish account ownership, payment authority and information access.

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