Letter of Credit SBLC Funding is a Payment Guarantee Generally Issued By a Bank

The SBLC funding is an irrevocable documentary commitment, separate from the sales contract, issued by the bank to a third-party beneficiary and promising to pay on behalf of the originator. a specific sum of money against delivery of documents satisfying the terms and conditions of the SBLC.

A Standby Letter of Credit SBLC funding is a payment guarantee generally issued by a bank “the issuing bank” on behalf of a client “the applicant” securing payment to a third party “the beneficiary” in the event the buyer fail to fulfill a contractual commitment the issuing bank will release payment to the seller. When buyers issue Bank Guarantees in favor of seller they demonstrate financial capability to fulfill a contractual obligation. BG also provide payment security to the supplier as he/she prepare to deliver the product to delivery port.

The proposed Bank Guarantee facilitate international transactions, as collateral and credit enhancement. The use of Bank Guarantees provides an advantage to buyers or traders who do not want to make down payment to the seller.

• Payment Guarantee:

Can be issued under Buyer's instruction in favor of the Seller. Provides payment obligation for the Buyer under a proposed contract.

• Performance Bond:

Issued under the Seller's instructions in favor of the Buyer as a guarantee of proper fulfillment of contract obligations by the Seller.

The Bank Guarantees we provide are designed to protect buyer’s commercial interests by eliminating the need to prepay for products or services. It will also discard the need to provide collateral to your bank. Our Bank Guarantee will help minimize your risk for SBLC funding and support your cash flow. It is important to note that the proposed BG/SBLC cannot be monetized or used in programs such as PPP or loan. For more information about our Trade Finance Program please feel free to contact us.

Should Lessee default to pay the leasing fees to the Lessor and the brokers commission fees as agreed after (4) banking days of confirmation of BG/SBLC MT-760 in lessor's bank account. Lessor will instruct the issuing bank to put a claim on the instrument, thereby forcing the Lessee's bankers to release the BG/SBLC MT-760 to the issuing Bank.

The Leased Instruments: (BG) Bank Guarantee SBLC funding. If you are a potential buyer or trader looking to purchase commodities, we will be delighted to answer any questions you have about this opportunity and to provide you with all the details regarding this services.

Our BG/SBLC Financing can help your trade funded, by providing you with yearly renewable leased bank instruments. We work directly with providers of these instruments.