Haydock, Merseyside -- (SBWIRE) -- 05/02/2013 -- The Seneca Group, an independent investment and alternative asset management firm, is providing a solution for the mis-sold interest rate swaps that are often aggressively sold by banks to small and medium enterprises. Nonetheless, Seneca Banking Consultants (“SBC”) has been established as part of the widely experienced Seneca Capital group serving funding, investment and advisory needs of corporates.

A spokesperson from the firm explains the effects usualy experiences with the interest rate swap mis selling. He states, “These hedging products promotes inappropriate selling of complex interest rates and uses the poorest form of sales practices. Furthermore, many banks offer the sales reward and incentive schemes which further exacerbates the risk of poor sales practices.”

The spokesperson also states, “It is not just the money, but one also faces other financial implications like weakened balance sheets, reduced working capital and the inability to borrow other finance.”

The spokesperson representing the Seneca Group also discusses their consultancy services for those who have lately been subjected to such mis selling of interest rates. Seneca Banking Consultants are an expert firm which offers effective solutions for interest rate swap claims.

So, if the interest rate swaps are sold by banks to people without revealing the speculative nature and complexities. Seneca Banking Consultants conducts a detailed preliminary review of the clients’ contracts and circumstances surrounding the sale process. “We aim to progress claim to successful outcome in a timely and professional manner”, concludes the spokesperson.

Those who are looking for reliable and expert consultants to manage their interest rate swap claim, can fill the online enquiry form, available at The Seneca Group official website. The consultants are recognized for taking care of clients’ complex financial claims, efficiently and effectively.

About Seneca Group
The Seneca Group is an independent Investment and Alternative Asset Management business for private individuals, entrepreneurs, companies, funds and charities. The firm brings together decades of success in providing investment and advisory solutions for its clients across a multitude of financial areas.

For more information, please visit to our Seneca Banking Consultant page directly at http://senecapartners.co.uk/seneca-banking-consultants/