Genuine Bank Guarantee Providers- Lease BG SBLC Providers
Kingrise Finance Limited are Genuine Bank Guarantee Providers and Lease BG SBLC Providers
What Is A Bank Guarantee / BG SBLC?
A bank guarantee is an assurance that a bank provides to a contract between two external parties, a buyer and a seller, or in relation to the guarantee, an applicant and a beneficiary. The bank guarantee serves as a risk management tool for the beneficiary, as the bank assumes liability for completion of the contract should the buyer default on their debt or obligation.
A bank guarantee allows the customer, or debtor, to acquire goods, purchase equipment or draw down a loan. A bank guarantee is a promise from a bank or other lending institution that if a particular borrower defaults on a loan, the bank will cover the loss. Note that a bank guarantee is not the same as a letter of credit.
A bank guarantee acts similarly to a line of credit, except that a line of credit can be drawn upon at will by the bank’s client. A bank guarantee is used only if the client does not pay its vendor an agreed-upon amount. U.S. credit institutions are forbidden from assuming guarantee obligations, and therefore most international transactions require a standby letter of credit.
Bank guarantees serve a key purpose for small businesses; the bank, through their due diligence of the applicant, provides credibility to them as a viable business partner for the beneficiary of the guarantee. In essence, the bank puts its seal of approval to the applicant’s creditworthiness, co-signing on behalf of the applicant as it relates to the specific contract the two external parties are undertaking.
A bank guarantee is a contract between 3 different parties and they include:
The applicant (the party that requests a bank guarantee from the bank and borrows from a creditor)
The beneficiary (the party that receives a partial guarantee)
The bank (the party that agrees to sign and assures payment in case the applicant fails to repay the loan)
Bank guarantees are very commonly utilised among business entities. With the help of a bank guarantee, the debtor or borrower or customer will be able to purchase equipment, machinery, raw materials, acquire additional funds, etc. for commercial purposes. Bank guarantees help businesses as creditors will get a proper reassurance that the loan amount will be repaid by the bank if the business is unable to repay the loan entirely on time.
When a bank signs a bank guarantee, it promises to pay any amount according to the request made by the borrower. Hence, signing a bank guarantee implies a high risk for banks.
Deferred payment guarantee: This refers to a bank guarantee or a payment guarantee that is offered to the exporter for a deferred period or for a certain time period. When a buyer purchases capital goods or machinery, the seller will give credit to the buyer when the buyer’s bank gives a guarantee that it will pay the unsettled dues of the buyer to the seller. Under this type of guarantee, payment will be made in installments by the bank for failure in supplying raw materials, machinery or equipment.
Financial guarantee: A financial bank guarantee assures that money will be repaid if the party does not complete a particular project or operation entirely. According to the financial guarantee agreement, when there is a delay in the completion of the project, the bank will make the payment.
Advance payment guarantee: Under this kind of guarantee, an advance payment will be made to the seller. There will also be a guarantee that if the seller fails to deliver the service or product accurately or promptly, the buyer will receive a refund of the payment.
Foreign bank guarantee: A foreign bank guarantee is provided by a bank on behalf of a borrower. This will be offered on behalf of the foreign beneficiary or creditor.
Performance guarantee: Under a performance guarantee, compensation of money will be made by the bank when there is any delay in delivering the performance or operation. Payment will have to be made even if the service is delivered inadequately.
Bid bond guarantee: Under this type of guarantee, there will be a supply bidding procedure. This will be conducted by the contractor for the owner of an infrastructure or industrial project or any kind of operation. The contractor of the project will guarantee that the best bidder or the highest bidder will have the capability and authority to implement a project as per his or her preferences. The bid bond will be given to the owner of the project as a proof of guarantee and the bond will imply that the project will have to be devised according to the bid contract.
Real-World Example
For a real-world example, consider a large agricultural equipment manufacturer. While the manufacturer may have vendors in many places, it is often best practice to have local vendors for key parts, both for accessibility and transportation cost reasons.
As such, they may wish to enter into a contract with a small metalworks shop that is located in the same industrial area. Due to the small vendor being relatively unknown, the large company will require the vendor to secure a bank guarantee before entering into a contract for $300,000 worth of machine parts. In such a case, the large company will be the beneficiary, and the small vendor will be the applicant.
Should the small vendor receive the bank guarantee, the large company will enter into a contract with the vendor. At this point, the company may pay the $300,000 in advance, with the understanding that the vendor is to deliver the agreed-upon parts in the following year. If the vendor is unable to do so, the agricultural equipment maker can claim the losses resulting from the vendor breaking the terms of the contract from the bank.
Through the bank guarantee, the large agricultural equipment manufacturer can shorten and simplify its supply chain without compromising its financial situation.
Comparison between Bank Guarantee and Letter of Credit
Many times, people get confused between bank guarantee and a letter of credit. However, one should understand that both are pretty different.
A bank guarantee refers to a commercial or financial instrument that is provided by a bank, where the bank assures or guarantees a beneficiary that it will make the payment to the bank in case the actual customer fails to meet his or her obligations. The bank will pay on behalf of the customer who requests for a bank guarantee.
On the other hand, a letter of credit refers to a promise or commitment in writing made by a bank or any other financial institution or corporation to a particular seller that payment will be made to the seller if the seller completes performing whatever is mentioned in the letter of credit. For the bank to make the payment on behalf of the original buyer, there should be a documentary proof that the seller has completed the transaction accurately by delivering the right product or service on time. The seller will get a guarantee from the bank that the seller will definitely pay the amount on behalf of the original buyer once the obligations are fulfilled.
Under a bank guarantee, if the buyer is unable to make the payment to the seller or creditor, then the bank pays the fixed amount to the seller as the obligations of the contract are not met. On the other hand, under a letter of credit, the bank makes the payment to the seller once he or she delivers. This is because the seller has completed fulfilling the required obligations.
Bank guarantees are competitively priced in nature generally. They are usually valid for a long period. The tenure of a bank guarantee is usually high. Moreover, bank guarantees are commonly accepted in almost all countries. Bank guarantees are available in Indian Rupee as well as currencies of other nations. Hence, they are very helpful for global transactions with parties in different foreign countries.
Advantages of Bank Guarantees
To the applicant:
Small companies can secure loans or conduct business that would otherwise not be possible due to the potential riskiness of the contract for their counterparty. It encourages business growth and entrepreneurial activity.
The banks charge low fees for bank guarantees, normally a fraction of 1% of the overall transaction, for the assurance provided.
To the beneficiary:
The beneficiary can enter the contract knowing due diligence’s been done on their counterparty.
The bank guarantee adds creditworthiness to both the applicant and the contract.
There is a risk reduction due to the bank’s assurance that they will cover the liabilities should the applicant default.
There is an increase in confidence in the transaction as a whole.
Disadvantages of Bank Guarantees
The involvement of a bank in the transaction can bog down the process and add an unnecessary layer of complexity and bureaucracy.
When it comes to particularly risky or high-value transactions, the bank itself may require assurance on the part of the applicant in the form of collateral.
So if you are seriously looking for a Bank Guarantee (BG) then make sure you use a reputable Financial Services Provider with decades of experience such as Kingrise Finance Limited.
Kingrise Finance Limited is a Standby Letter of Credit Provider, Real SBLC Provider, SBLC Funding, SBLC Financing, bg sblc providers, Cost of sblc, Types of SBLC, SBLC Monetization, difference between lc and sblc, sblc mt760, Standby Letter of Credit (SBLC) Meaning!
A standby letter of credit (SBLC/SLOC) is a guarantee of payment by a bank on behalf of their client. It is a loan of last resort in which the bank fulfills payment obligations by the end of the contract if their client cannot. A standby letter of credit can also be abbreviated SBLC or SLOC. A standby letter of credit is different from a bank guarantee. Kingrise Finance Limited is sblc provider. We are bank guarantee provider. Please be aware that Standby Letter of Credit is different from a Bank Guarantee.
Please click here to read the difference between Bank Guarantee (BG) and Standby Letter of Credit (SBLC/SLOC).
Types of Standby Letter of Credit (SBLC/SLOC)
Financial standby LOC: An exporter sells goods to a foreign buyer, who promises to pay within 60 days. If the payment never arrives (and the exporter required the buyer to use a standby letter of credit) the exporter can collect payment from the importer’s bank. Before issuing the letter of credit, the bank typically evaluates the importer’s credit and determines that the importer will repay the bank. But if the customer’s credit is in question, banks may require collateral (or funds on deposit) for approval.
Performance standby LOC: A contractor agrees to complete a construction project within a certain timeframe. When the deadline arrives, the project is not complete. With a standby letter of credit in place, the contractor’s customer can demand payment from the contractor’s bank. That payment functions as a penalty to encourage on-time completion, funding to bring in another contractor to take over mid-project, or compensation for the headaches of dealing with problems. This is an example of a “performance” standby letter of credit, and a failure to perform triggers the payment.
Advantages of a Standby Letter of Credit (SBLC / SLOC)
An SBLC helps ensure that the buyer will receive the goods or service that’s outlined in the document. For example, if a contract calls for the construction of a building and the builder fails to deliver, the client presents the SLOC to the bank to be made whole. Another advantage when involved in global trade, a buyer has an increased certainty that the goods will be delivered from the seller.
Also, small businesses can have difficulty competing against bigger and better-known rivals. An SBLC can add credibility to its bid for a project and can often times help avoid an upfront payment to the seller.
The SBLC / SLOC is often seen in contracts involving international trade, which tend to involve a large commitment of money and have added risks.
For the business that is presented with a SLOC/SBLC, the greatest advantage is the potential ease of getting out of that worst-case scenario. If an agreement calls for payment within 30 days of delivery and the payment is not made, the seller can present the SLOC to the buyer’s bank for payment. Thus, the seller is guaranteed to be paid. Another advantage for the seller is that the SBLC reduces the risk of the production order being changed or canceled by the buyer.
Uses of SBLC / SLOC
A standby letter of credit helps facilitate international trade between companies that don’t know each other and have different laws and regulations. Although the buyer is certain to receive the goods and the seller certain to receive payment, a SLOC doesn’t guarantee the buyer will be happy with the goods. A standby letter of credit is most often sought by a business to help it obtain a contract. The contract is a “standby” agreement because the bank will have to pay only in a worst-case scenario. Although an sblc/sloc guarantees payment to a seller, the agreement must be followed exactly. For example, a delay in shipping or a misspelling a company’s name can lead to the bank refusing to make the payment.There are two main types of standby letters of credit:A financial sblc/sloc guarantees payment for goods or services as specified by an agreement. An oil refining company, for example, might arrange for such a letter to reassure a seller of crude oil that it can pay for a huge delivery of crude oil.Standby letters of credit can help establish trust with your business partners and be a powerful tool to help meet your business goals.
What Is The Difference Between Letter of Credit (LC) and Standby Letter of Credit (SBLC)? Difference between LC and SBLCis as follows…
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, where the reliability of contracting parties cannot be readily and easily determined. Its economic effect is to introduce a bank as an underwriter, where it assumes the counterparty risk of the buyer paying the seller for goods. The Standby Letter Of Credit (SBLC) is governed by a set of guidelines known as the Uniform Customs and Practice (UCP 600), which was first created in the 1930s by the International Chamber of Commerce (ICC).
So What Is The Key difference: The ‘Letter of Credit’ and the ‘Standby Letter of Credit’ are two legal bank documents that are used by international traders. Both these letters are used to ensure the financial safety between the supplier and their buyers. And, SBLC is a type of LC that is used when there is a contingent upon the performance of the buyer and this letter is available with the seller to prove the buyer’s non-performance during the sale.
top letters of credit providers, real SBLC Providers, genuine SBLC providers, lease sblc providers, lease bg sblc providers, bank instrument providers, Financial SBLC, Financial SBLC provider, Financial SBLC’s, SBLC discounting, SBLC Monetizers, HSBC LC and SLBC are the two financial instruments that are meant to safeguard the financial interests of the international traders i.e. buyers and sellers. It simply means that both these terms are widely useful while making transaction between the two trading parties. These help in giving financial security to both the parties. Also, these contracts are produced in good faith and in both the cases the fund gets mobilized.
During a transaction, the buyer wants an assurance of receiving his product or merchandise on time, and the seller wants his security of being paid on time at the completion of the job. Here, a letter of credit is issued, for it is an assurance or a type of guarantee that the seller will receive his correct payments in time by the clients. The LC solves both the issues by bringing in the buyer’s and seller’s banks into the transaction.
The issuing bank of the buyer, then, opens a LC in the favor of the seller and states that seller will be paid and that he or she will not suffer any damages or losses because of the non-payment of the buyer. Though, the money transfer to the seller will only be initiated after all the conditions or documents of the contract are completed. However, the bank also safeguards the interest of the buyer by not paying the supplier until it receives a confirmation from the supplier that the goods have been shipped.
Based on this, there are two types of LCs being issued, they are:
Documentary Letter of Credit (DLC) and Stand By Letter of Credit (SBLC) Now, the DLC depends on the performance by the supplier, whereas SBLC depends on the on the non-performance or default on the part of the buyer.
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The purpose of this letter is to establish a bank guarantee for the deal or transaction with a third party. For example, if an individual wishes to take a loan, but does not have a sufficient credit standing, the bank may then ask for a guarantee from another party (third party), and this is done in the form of a standby letter of credit that is issued by another bank. However, the said individual would then have to produce certain documents or evidence to support the non-performance of the buyer to obtain the payment through the SBLC.
The bank is obligated to make payment if the documents presented comply with the terms of contract. Though, the SBLC are considered very versatile and can be used with modifications to suit the interests and requirements of the buyers and sellers.
Standby letter of credit costs between 1-10% of the SBLC/SLOC amount before issuing the sblc/sloc. This fee is usually charged per year that the letter of credit is in effect. If the sblc/sloc is needed for more than one year, there will be an option of rolls and extensions where applicable. If the terms of the contract are fulfilled early, you can cancel the SLOC/SLBC without incurring additional charges.
What is SBLC funding & SBLC Financing?
SBLC financing or SBLC funding is the process of using sblc to obtain loan or financing from a bank.
What is Standby Letter of Credit (SBLC) Monetization? How Do You Monetize SBLC??
SBLC Monetization or monetisation is the process of converting a standby letter of credit (sblc) into money or legal tender.
Kingrise Finance Limited are sblc monetizers. We can arrange and assist clients to discount or monetize sblc, or arrange a Non Recourse loan against a Standby Letter of Credit (SBLC) issued from prime banks. The Standby Letter of Credit Monetization arrangement issues Non Recourse funds to the Client shortly after the Standby Letter of Credit (SBLC) is delivered to the Monetizer.
Our SBLC monetization rate is 80% LTV which is the best rate in the industry, and above all, all our sblc are issued by top AAA rated banks such as HSBC Hong Kong, Barclays Bank London, Citi Bank New York, Credit Suisse etc.
Complete End to End Managed Standby Letter of Credit (SBLC) Program – We provide a comprehensive, integrated & prestructured Standby Letter of Credit (SBLC) Issuing and Monetization Program.
At Kingrise Finance Limited, we offer a very simple and straightforward SBLC Monetization settlement method using the Swift Network System..We use the SWIFT Network to have the Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.
URGENT NOTICE: It might interest you to know that there are only 10 genuine bg sblc providers in the world and Kingrise Finance Limited is one of the leading providers of sblc and genuine provider of bank guarantee. Contact us if you want to know the list of the 10 genuine sblc providers in the world and we will be glad to share that information with you.
What is the LTV (Loan To Value) of a Standby Letter of Credit (SBLC)? At Kingrise Finance Limited, we offer the best rates in the industry. All our standby letters of credit (SBLC) are issued from prime banks and our SBLC LTV is 80% which you cannot get elsewhere. So why go elsewhere?
DESCRIPTION OF BUY/PURCHASE BANK INSTRUMENT (BG/SBLC/SLOC)
1. Instrument: BG (Bank Guarantee) Standby Letter of Credit (SBLC), cash-backed, 2. Total Face Value: Eur/USD 2 Million (Min) to Eur/USD 500m (Max) 3. Issuing Bank: HSBC Hong Kong, Barclays Bank London, Deutsch Bank AG, Frankfurt or any AA Rated Bank. 4. Term / Age: One (1) Year and One (1) day, Fresh Cut 5. Invoice Price: 45% Net and 47% Gross of the face value of each BG/SBLC to the Seller, including 2% consultancy fees as per IMFPA.
6. Consultation Fee: In total of 2%, which is to be split and paid to the consultants as follows:
1% to …(Seller’s Mandate).., paid by the Seller/Payer-1
1% to ………………………, paid by the Buyer/Payer-2 7. Delivery of instrument: Bank-To-Bank by SWIFT MT-760, as per the Schedule of Delivery of Buy-Sell Agreement
8. Payment for instruments: By SWIFT MT-103 wire transfer 9. Original Hard Copy: By bonded courier to Buyer’s designated Depository Bank within Seven (7) bank working days after receipt of BG/SBLC(s) settlement payment by SWIFT MT-103 into the Seller’s account.
BELOW IS THE DESCRIPTION OF LEASE BANK INSTRUMENTS (BG/SBLC/SLOC)
1. Instrument: Fully Cash Backed Bank Guarantee {BG} or StandBy Letter of Credit {SBLC} 2. Total Face Value: USD 2Million (Min) to USD 500m (Max) 3. Issuing Bank: HSBC Hong Kong, Barclays Bank London or any prime Bank. 4. Age: One Year and One Day (with rolls and extensions where applicable) 5. Leasing Price: 4% (+ 2% brokers commission where applicable) 2% broker commission applies to clients that were introduced by brokers 6. Delivery: SWIFT MT-760 7. Payment: MT103 Wire Transfer 8. Hard Copy: Bonded Courier within 7 banking days.9. Bank Transmission fee: Depends on the face value of the bank instrument
Terms and Procedure for SBLC
Below is the normal procedure for Standby Letter of Credit (SBLC).
Step 1: Application is made to KINGRISE FINANCE LIMITED for opening of a SBLC including but not limited to the following:
1. SBLC application form. (Provided by KINGRISE FINANCE LIMITED upon request)
2. Desired verbiage of SBLC. (If none provided, KINGRISE FINANCE LIMITED will provide its normal SBLC / letter of credit verbiage.
3. SWIFT code and address of beneficiary bank.
4. Know Your Customer (KYC) documents including but not limited to: Passport copy of applicant, proof of address documents such as electricity or water bill, articles of incorporation of applicant company and brief summary, executive summary and/or business plan of underlying transaction.
Step 2: KINGRISE FINANCE LIMITED reviews all documents presented and evaluates acceptability of documents. KINGRISE FINANCE LIMITED then either approves application or denies and shall inform the applicant of such decision.
Step 3: KINGRISE FINANCE LIMITED prepares draft of the SBLC as it is comfortable to issue and forwards to client for approval. All drafts shall be in line with rules and regulations governing the issuance of SBLC.
Step 4: The client approves the draft and:
1. Signs a contract agreeing to the terms and conditions of issuance and issuance charges as negotiated.
2. KINGRISE FINANCE LIMITED issues the invoice for the agreed upon charges.
Step 5: Client makes payment of charges as per agreed upon payment structure.
1. Client shall provide TT/Wire copy of payment made to KINGRISE FINANCE LIMITED account.
2. KINGRISE FINANCE LIMITED shall confirm to client credit of funds upon receipt of funds to KINGRISE FINANCE LIMITED account.
Step 6: KINGRISE FINANCE LIMITED uploads draft to SWIFT system and provides copy to applicant for final approval of message. Upon approval given by applicant KINGRISE FINANCE LIMITED then releases the SWIFT to beneficiary bank coordinates.
Step 7: Copies of released SWIFT are then forwarded to the client via email or hard copy as requested. In case the client is represented by an advisor, then it is forwarded to the advisor only.
Step 8: Any amendments to SBLC are subject to approval of KINGRISE FINANCE LIMITED.
Why Do Some SBLC Transactions Fail? Most SBLC transactions fail because of GREED and unworkable procedures. These are the top 7 reasons why many BG SBLC transactions fail.
1. Free SBLC Without Upfront Fees – Many people are under the false illusion that they can close a BG SBLC transaction free of charge without spending any money upfront. They want the sblc provider to pay any upfront fees so that they can complete the sblc transaction for free of charge without spending anything. However, there is no such thing in the world as a free bg sblc, and every customer must have the capacity to pay any fees or costs associated with the bg sblc transaction, if you don’t pay this fee nobody will pay it for you. This is the number one reason why many SBLC transactions fail. If free bg sblc is possible I believe that everyone in the world will be a billionaire.
2. Customers Procedure: Every week we receive sblc inquiries from people who say they want SBLC to be issued according to their own terms and conditions. Obviously this is not POSSIBLE; Banks and sblc providers do not work according to a customers terms. If you need SBLC or any financial instrument for that matter then you have to follow the bank or sblc providers laid down rules and procedures. This is the second reason why many sblc deals fail.
3. Cheap Price: Greedy people are easily lured by fake artificially low sblc prices offered by scammers. The simple truth is, when a scammer is not delivering anything real they can afford to offer you the deal of the century. So when it sounds too good to be true then be careful. Price Shopping is the third reason why sblc transactions fail.
4. Greedy Million Billion Gang: Offers that set forth tranches of $1b, $5b, $20b and more, are just pure nonsense. Every week we receive offers from people who claim they need 70 BILLION Dollar SBLC or more. Truth is that most people who troll the internet with multi billion dollar SBLC requests do not have any money in their bank account to close the deal. Greed and Ignorance will make you lose your sense of reasoning. Many people don’t want to hear these things because truth hurts but we will keep saying the truth regardless.
5. Bank Endorsed Deed of Agreement (DOA): Banks do not endorse SBLC deed of agreement contracts or LOI. This action would place a financial liability on the bank and they cannot and will not incur that liability on behalf of their depositors. So if you received any offer or document from anyone claiming it has been endorsed by the bank kindly run for your life because it is FAKE.
6. BPU (Bank Payment Undertaken): Banks do not issue BPU to enable a customer to get a financial instrument without paying upfront fee. This is just joker-broker and uninformed customer nonsense. You don’t believe me? Well contact your banker and ask questions. I am a seasoned banker that has worked with some of the world’s biggest banks so I know.
7. ICBPO MYTH: ICBPO means Irrevocable Conditional Bank Pay Order. Banks do not issue irrevocable conditional bank purchase orders (ICBPO), or any purchase orders, period. Many joker brokers and uninformed clients think they can close a deal with ICBPO. In fact, a bank is precluded from incurring any liability on behalf of a depositor. And, the words “irrevocable conditional” form an oxymoron. No western world bank will issue a MT543, as it is a liability on behalf of the bank. In fact, as of September 1, 2003, the MT543 is gone from the banking world. This is just joker-broker and uninformed customer nonsense. You don’t believe me? Well contact your banker and ask questions.
SBLC Process- How To Get A Standby Letter of Credit (SBLC)
Everyday lots of people are looking To Find Genuine SBLC Providers and real bank guarantee providers. Why are there so many scammers in the bank instrument industry? Why do most people who claim to be SBLC providers scammers turn out to be scammers? Since there are many sharks in this industry pretending to be providers, how can I find a real bg sblc provider that will not steal my money and run away?
Kingrise Finance Limited was incorporated in Hong Kong on 22-SEP-1999 as a Government Licensed Money Lender with CR No.: 0689078. We are leading providers of Business Loan, SME Loans, Project Financing, Recourse Loan, Non Recourse Loans and Bank Financial Instruments such as Standby Letter of Credit, Bank Guarantee, Performance Guarantee Bond, Tender Bond Guarantee, Advance Payment Guarantee, Bank Comfort Letter, Letters of credit etc.
We have been providing these financial services to our numerous customers all over the world including importers, exporters as well as customers that need credit enhancements or trade finance facilities to execute projects locally or internationally.
Our loan interest rate is just 3% annually and you can get loan financing from us with or without security or collateral. The loan term is up to 30 years with a grace period up to 3 years for those in the construction industry.
Our bank instruments, bg and sblc/sloc are issued from prime banks such as Barclays Bank London, Standard Chartered Bank, HSBC Hong Kong or any rated AAA bank of your choice. All our financial instruments are Cash-Backed and can be used as collateral to secure funding for projects, Discounting, Monetization and Private Placement Programs (PPP) as well as import and export transactions.
Why Choose Us?
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2 Days for Commitment
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WE KEEP OUR PROMISE
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No Personal Collateral Required
Solutions for every customer & every industry.
Loan amounts from $1 million to over $500 million
Fast Approvals & Fast Funding- Closing in as little as 5 days
BROKERS: We welcome new brokers who are direct to their clients. New brokers are welcomed and are rewarded with 2% commission on every deal they bring to us.
Kindly contact Us today for all your funding needs, including business loan, sme Loans, project financing, bank instruments (Bank Guarantee, Standby Letter of Credit, Letter of Credit) | BG|CD|BD|DLC|BCL|SBLC|SLOC.
When you send us an email inquiry please remember to include what particular bank instrument that you need and what you need it for, our customer services representatives are waiting to hear from you. We will review your request and contact you ASAP!