Services
We are direct Providers of Cash Backed Bank Guarantees or Standby Letter of Credit from Top rated (AAA, AA++) Banks for which are for Leasing at the price of 4+2%. If you are looking to monetize an SBLC, you may want to find a monetizer who can give you a decent LTV (loan to value) ratio. LTV’s are assessed by the strength of the security of the instrument and the banks credit worthiness. We are the right people for that. |
A Bank Guarantee (BG) is a Letter of Guarantee issued by one bank to another bank to guarantee the performance of an obligation on the part of the applicant, guaranteeing the beneficiary. It is important to note that a Bank Guarantee is not like a Letter of Credit (L/C) or Documentary Credit. The main difference between a Bank Guarantee and a Documentary Credit is that a L/C also functions as a means of payment. A bank guarantee acts as security for a payment, and not as a means of payment agreed. |
A Standby Letter of Credit is an agreement, not intended to be drawn upon but is a safeguard in the event of non payment by either party mentioned in the contract. You can lease or purchase an SBLC. In other words; an SBLC is a document issued by the bank guaranteeing payment on behalf of their client. The bank confirms the collateral is held within their clients account, the client buys an instrument and it is then freshly cut backed by Providers capital. Depending on the wording agreed in the DOA, |
We work alongside other financial institutions who can issue and monetize bank instruments. Bank instruments can be useful when starting up a business. You can either purchase or lease an SBLC and have the bank instrument cashed in (monetized) to provide capital for your business. As well, you can take it one step further and we can enter the monetized amount into trade to generate further funds. We have service providers who can facilitate in issuance of BG’s/SBLC’s, monetize and last but not least trade the monetized bank instruments. |