Special Corporate Financial Services

Escrow solutions engineered for complex financial transactions.

Turn to Comerica’s Special Corporate Financial Services (SCFS) for an objective third party to facilitate complex financial transactions – bringing you order and peace of mind. SCFS provides sub-accounting routines to receive, segregate, invest, and disburse funds related to complex financial transactions that require the experience of a truly independent third party. We will provide the appropriate written agreements necessary to cover the needs of all interested parties.

SCFS has customized the escrow concept by integrating it with other traditional banking services. We also make it possible for you to do business today and defer the recognition of capital gains and the resulting tax implications until a given future date or event.

How can our services help you?

  • For merger and acquisition situations and corporate divestitures, SCFS offers services that facilitate our customers' "warranty and representation" and indemnification obligations, stock redemption, stock swap or stock purchase, plus key management retention packages and severance package escrows.
  • SCFS provides cost-saving alternatives to letters of credit situations, sets up stock subscription and private placement services, and creates deferred commission payment services.
  • As your 1031 Exchange Qualified Intermediary, we will hold Relinquished Property sale proceeds and disburse to purchase Replacement Property.  Funds are held in an FDIC insured depository account, and we will provide all the necessary documents.

Comerica Bank and its affiliates do not provide tax or legal advice. Please consult with your tax and legal advisors regarding your specific situation.