SBLC ( Stand By Letter of Credit)

Our experienced staff can guide you through the range of financial instruments available, giving you clear sound advice on which service is best for you. Our execution, communication and delivery of our service is second to none.

We are one of the leading Financial instrument providers with offices all over Globe. We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instrument are specifically for lease and sale, our we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) And many more, Our Terms and Conditions are reasonable.

A standby letter of credit is a guarantee of payment issued by a bank/FI on behalf of client where the bank/FI promises to pay a "beneficiary" in case of default by the applicant.

Historically, Standby letters of credit were developed because the US regulator legally limited US bank's authority to issue guarantees.

Standby letters of credit are a very flexible tool, making them a suitable product for securing vast range of payment scenarios.

It is most commonly used for international trade as it provides assurance to the other party that the payment will come through anyway. However, a standby letter of credit involves quite a few complexities and therefore one must consult with an expert if not well acquainted with how it actually works.

A breakdown of SBLC types is provided below :-

• A performance standby
• An advance-payment standby
• A bid-bond or tender-bond standby
• A counter standby
• A financial standby
• An insurance standby
• A commercial standby
• A direct-pay standby

DESCRIPTION OF INSTRUMENTS :-

• Instrument: Bank Guarantee (BG)/SBLC (Appendix A)
• Total Face Value: 10M MIN to 50B MAX USD or Euro
• Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 and many more
• Age: One Year, One Day
• Leasing Price: - Based on at the time of finalization
• Sale Price: Based on at the time of finalization
• Delivery by SWIFT.
• Payment: MT103-23
• Hard Copy: Bonded Courier within 7 banking days.

If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument. Inquiries from agents/ brokers/ intermediaries are also welcomed; do get back to us if you are interested in any of our services and for quality service.