Collateral Manager to Lenders Since 2022
VSM was incorporated in Uganda in 2022 to act for banks as an independent collateral manager. We hold and monitor pledged goods and release them only on the lender’s written order.
We take control of goods pledged as security, so banks can lend with confidence and recover with certainty. Goods leave our control only on the lender’s written order.
Our services assure the lender that financed goods exist, are safeguarded, and are not moved, sold or substituted without authorisation. We also provide documentary and logistics management, business advisory and training, and ESG and sustainability advisory.
01
We assume custody of pledged goods under a tripartite Collateral Management Agreement between the bank, the borrower and VSM.
02
Stock is inspected, counted and reconciled against the bank’s security position, with warehouse supervision throughout the facility.
03
The bank receives regular stock and movement reports, with risk alerts and exception reports.
04
Goods are released only against the bank’s written authorisation as the loan is serviced.
Held through memoranda of understanding with established insurers, including Mayfair and Old Mutual, and covering all transactions under our control.
Each policy is tailored after an assessment of the transaction, so cover matches the actual exposure.
Stored goods are insured against fire, burglary, flood and other perils, with the lending bank named as loss payee.
Venture South Management Co. Ltd (VSM) takes independent control of goods pledged to banks, and delivers logistics coordination, risk control, trade support and business advisory. We work with financial institutions, corporates, traders, SMEs and investors, and alongside importers, exporters, clearing agents, insurers, warehouse operators and aggregators. Our three founding directors bring more than 60 years of combined experience in collateral management, commodity finance and banking.
On the M&T Construction project, financed by Housing Finance Bank, VSM ran field execution, monitoring and reporting across five districts in western Uganda.
Partners: USE Commodities Exchange (USE COMMEX), Multilines Logistics, Mayfair and Old Mutual.
Talk to us before the term sheet is final. We review the goods, the site and the release process with you.