Benefits of SBLC Funding- The Hanson Group Of Companies - PowerPoint PPT Presentation

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Benefits of SBLC Funding- The Hanson Group Of Companies

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Our BG/SBLC Funding can help your trade funded, by providing you with yearly renewable leased bank instruments. We work directly with providers of these instruments. – PowerPoint PPT presentation

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Title: Benefits of SBLC Funding- The Hanson Group Of Companies


1
Letter of Credit SBLC Funding is a Payment
Guarantee Generally Issued By a Bank
2
  • The SBLC funding is an irrevocable documentary
    commitment, separate from the sales contract,
    issued by the bank to a third-party beneficiary
    and promising to pay on behalf of the originator.
  • A specific sum of money against delivery of
    documents satisfying the terms and conditions of
    the SBLC.
  • A Standby Letter of Credit SBLC funding is a
    payment guarantee generally issued by a bank the
    issuing bank on behalf of a client the
    applicant securing payment to a third party the
    beneficiary in the event the buyer fail to
    fulfill a contractual commitment the issuing bank
    will release payment to the seller.

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4
  • When buyers issue Bank Guarantees in favor of
    seller they demonstrate financial capability to
    fulfill a contractual obligation.
  • BG also provide payment security to the supplier
    as he/she prepare to deliver the product to
    delivery port.
  • The proposed Bank Guarantee facilitate
    international transactions, as collateral and
    credit enhancement. The use of Bank Guarantees
    provides an advantage to buyers or traders who do
    not want to make down payment to the seller.

5
  • Payment Guarantee
  • Can be issued under Buyer's instruction in favor
    of the Seller. Provides payment obligation for
    the Buyer under a proposed contract.
  • Performance Bond
  • Issued under the Seller's instructions in favor
    of the Buyer as a guarantee of proper fulfillment
    of contract obligations by the Seller.

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7
  • The Bank Guarantees we provide are designed to
    protect buyers commercial interests by
    eliminating the need to prepay for products or
    services.
  • It will also discard the need to provide
    collateral to your bank. Our Bank Guarantee will
    help minimize your risk for SBLC funding and
    support your cash flow.
  • It is important to note that the proposed BG/SBLC
    cannot be monetized or used in programs such as
    PPP or loan. For more information about our Trade
    Finance Program please feel free to contact us.

8
  • Should Lessee default to pay the leasing fees to
    the Lessor and the brokers commission fees as
    agreed after (4) banking days of confirmation of
    BG/SBLC MT-760 in lessor's bank account.
  • Lessor will instruct the issuing bank to put a
    claim on the instrument, thereby forcing the
    Lessee's bankers to release the BG/SBLC MT-760 to
    the issuing Bank.

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10
The Leased Instruments
  • (BG) Bank Guarantee SBLC funding. If you are a
    potential buyer or trader looking to purchase
    commodities, we will be delighted to answer any
    questions you have about this opportunity and to
    provide you with all the details regarding this
    services.
  • Our BG/SBLC Financing can help your trade funded,
    by providing you with yearly renewable leased
    bank instruments. We work directly with providers
    of these instruments.

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