Large Project Funding Intermediary Business Service. For Companies Who Need SBLC Bank Instruments
International Trade Finance
Trade Finance can help your business cash flow as a way of payment security. Leased or purchased Standby Letter of Credit (SBLC) can help aid businesses in many ways such as, credit enhancement, project finance and trade finance.
You can apply for an SBLC at you commercial bank or with other outsourced Providers.
Monetizing Your Cash Backed Bank instrument
Just be aware that not all SBLC’s can be monetized and there are just a small handful of Monetizers who can monetize cash backed SBLC’s. SBLC’s Monetization process is fairly fluid once all agreements are in place but be aware that they too also come with set terms and conditions such as LTV and Bank rating.
Prestige Capital Partners provide you with information about bank instrument; how they work, what they are used for and what to look out for. If you are unsure about SBLC’s, we ask you to ask your bank manger or research the web thoroughly before any transactions are in place.
Businesses have the option to monetize a bank instrument for credit. This will then allow businesses to have cash equity which will enable business owners to reinvest back into their business. There are a number of reasons why people choose to monetize bank instruments. One reason is to have the ability to use cash from the liquidated instrument to buy goods and trade them with minimal risk. Struggling businesses can use them as a way of raising money to invest in the operations.
We work alongside other financial institutions who can issue and monetise 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. All of our service providers have a proven track record. Using instruments to fulfill your capital requirements can be a less complicated method to meet your capital needs.
Project owners can apply for lines of credit with their own bank to support the financing of their project. Normally the credit line needs to have some collateral backing it, which is where a bank guarantee letter (BG) can come into play. There are options for project owners to either lease or buy a bank instrument. A bank guarantee such as an SBLC is backed by collateral for one year and one day and then you can decide whether or not you want to renew the lease?. If the bank guarantee isn’t renewed, then it has be returned unencumbered and free of any liens.
In today’s financial markets there is misinformation pertaining to Bank Guarantee and Standby Letter of Credit transactions, largely due to the lack of correct information available. In order to keep informed one must go out of their way to learn about the industry and how it operates.
The Bank Instrument industry is a world where real information, truthful processes and real bank instrument providers are hard to come by. Here we will try to provide some useful information so that you can educate yourself further on how this industry operates. In this section we will talk about Standby Letters of Credit.