PURCHASE & LEASE BG/SBLC WITHOUT UPFRONT FEES OR CHARGES
Standby Letter of Credit Monetization (BG/SBLC) - Leased/Purchased
Complete Leased/Purchased Standby Letter of Credit Monetization (BG/SBLC) Non Recourse Loan
We offer Standby Letter of Credit Monetization (BG/SBLC)
Bank SWIFT - We use the Bank SWIFT Network to have the Standby Letter of Credit (SBLC) delivered Bank to Bank using SWIFT MT799 followed by SWIFT MT760.
Standby Letter of Credit Monetization LTV:
1M to 50B Standby Letter of Credit - Leased (BG/SBLC) - 60% Non Recourse Loan
1M to 50B Standby Letter of Credit (BG/SBLC) - 90% Non Recourse Loan
Estimated Completion Time:
5 to 7 Days after all documents are signed and verified or 3 to 4 Days After Instrument Delivery on the SWIFT Network.
Closing Process - SWIFT
After execution of the Standby Letter of Credit Monetization contract by both parties the Client will instruct his bank to send SWIFT MT799 to the bank coordinates provided by the Monetizer.
The Monetizers bank on receipt of the SWIFT MT799 from the clients bank will reply with a SWIFT MT799.
On receipt of the Monetizers bank SWIFT MT799 the Clients bank will deliver the Standby Letter of Credit (SBLC) by SWIFT MT760 to the Monetizers bank.
Upon receipt, confirmation and delivery of the SWIFT MT760 the Standby Letter of Credit Monetizer will within maximum four (4) banking days grant a Non Recourse Loan for the LTV as agreed from its nominated bank to the Client.
The Standby Letter of Credit Monetizer agrees to return the Standby Letter of Credit (SBLC) unencumbered fifteen (15) calendar days before the 1 year anniversary of the signed contract between the parties.
Brokers & Consultants:
Always 100% Protected & Respected
Healthy Commissions Paid
For More Inquiries,
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