We are expert in providing Cashback Bank Instruments such as BG (Bank Guarantee) and SBLC (Standby Letter of Credit) with the best available solutions to meet all your Financial goals and Project finance requirements worldwide.
SBLC is a guarantee of payment by a bank on behalf of their client in which the bank fulfills payment obligations by the end of the contract if their client cannot. The Standby LC is based on a contract between two business partners.
Ensure the non financial contractual obligations (quality of work, amount of work, time, cost, etc.) are performed in a timely and satisfactory manner. If these obligations are not met, the bank will pay the third party in full.
Ensure financial contractual obligations are fulfilled. Most SBLCs are financial.
Are often required when performing international trade or other large purchase contracts under which other forms of payment protections (such as litigation in the event of non-payment) can be difficult to obtain.
With a bank guarantee you can cover performance and payment obligations – for example, when submitting tenders or signing contracts, making advance payments, securing credits or delivering goods made on open-account terms. In the case of a bank guarantee, the bank commits to pay a specific amount to the beneficiary if the principal fails to furnish a guarantee for an agreed performance or payment.
Bank Guarantees are widespread across the globe and are used in domestic and international transactions. Bank guarantees are also a sound argument in negotiations, because a bank will only issue a guarantee after thoroughly verifying the principal’s creditworthiness and ability to deliver.
We raise finance for our clients from our own extensive global network of internationally accredited finance sources including hedge funds, institutional investors, investment banks, investor clubs, money market funds, mutual funds and venture capital firms.
Financial Services we provide include :
- SBLC – Standby Letter of Credit
- BG – Bank Guarantee
- Bank Instrument – BG SBLC Monetization
- LC – Letter of Credit
- DLC – Documentary Letter of Credit
- SWIFT MT 799 MT 760 Bank Guarantee/SBLC
- POF – Proof of Funds