Many companies face challenges in raising capital and having the leverage to buy other companies. WE are the source to show that you are well capitalized and credit worthy. Below are a list of services we offer:
BANK GUARANTEES A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it.
LETTER OF CREDIT (“LOC”) is an instrument issued by a bank, at the request of an applicant, in which that bank promises to pay a specified amount of money to the named beneficiary upon his presentation of documents as stipulated in the credit.
STANDBY LETTER OF CREDIT A guarantee of payment issued by a bank on behalf of a client that is used as “payment of last resort” should the client fail to fulfill a contractual commitment with a third party.
ACCOUNTS A document that shows that a individual or business has the ability and money available to use for a particular transaction. A CASH COLLATERAL ACCOUNT is established at a mutually agreeable bank in the client’s personal or business name. The money is “blocked” by the bank, thereby allowing the client to show money in their account, but the client Is not permit- ted to withdraw the money deposited by the Bank.
SWIFTS SERVICES “Society for Worldwide Interbank Financial Telecommunications” (SWIFT) operates a worldwide financial messaging network which exchanges secure messages such as confirmations, payment orders etc. between banks and other financial institutions. 90% of all financial communications and confirmations are executed via SWIFT messaging services. For example MT199, 799,760, 103. 110, 542.