Saturday, October 31, 2015

LATEST TRANSACTIONS

>> DL FINANCIAL provided Letter of Credit EUR 2,500,000/- for Canned Mackerel/Sardines & Spaghetti Noodles transaction.

>> DL FINANCIAL provided Standby Letter of Credit USD 14,000,000/- for Gold transaction.

>> DL FINANCIAL provided Letter of Credit USD 7,460,000/- for Thai Parboiled Rice transaction.

>> DL FINANCIAL provided Advance Payment Guarantee USD 5,195,500/- for Crude Degummed Rapeseed Oil transaction.

>> DL FINANCIAL provided Letter Of Credit value USD 5,000,000/- towards Steel Bars supplier.

>> DL FINANCIAL provided Performance Guarantee USD 3,756,000/- for Sugar transaction.

>> DL FINANCIAL provided Bank Guarantee USD 85,000,000 /- for imports of Heavy Machinery.

>> DL FINANCIAL provided Letter Of Credit USD 4,000,000/- for Rice transaction.

>> DL FINANCIAL provided SBLC USD 6,700,000/- for Imports of Steel Bars.

>> DL FINANCIAL provided Bank Guarantee for USD 5,400,600/- for Iron transaction.

>> DL FINANCIAL provided Letter of Credit value USD 940,685/- towards Stainless steel supplier.

>> DL FINANCIAL provided Performance Guarantee USD 5,000,000/- for Crude oil transaction.

>> DL FINANCIAL provided Bank Comfort Letter for Jet fuel oil transaction.

>> DL FINANCIAL provided Standby letter of credit value USD 56,000,000/- for imports of Bitumen.

>> DL FINANCIAL provided at sight letter of credit value USD 790,000/- for wheat transaction.


The above are just few bank instruments and letters of credit transactions which DL Financial successfully closed recently. Being one of the leading providers of bank guarantees, SBLC's and Letters of Credit, its high time you became a customer of DL Financial Ltd so you can feel the DL Financial difference. 

Kindly contact us today for all your financial needs.
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider

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How One Investor Is Transforming Pennies Into Pure Gold

DL Financial leasing BG
What if you found out that in six months from now you could be making as much money as some of the wealthiest tech entrepreneurs in Silicon Valley? Jonas Elmerraji wants to show you how.
What the mainstream advice about investing will tell you is that there is no better way to grow your money than buying a stock and sitting on it. But if you think about it, that strategy is almost as effective as putting your money away for safekeeping in a bank: the growth is slow and you won’t be able to see your returns and actually hold them in your hands until years from now.
There are better investment options available to you even if you’ve never owned a single stock in your entire life. Jonas Emerraji wants to tell you about the under-the-radar way that you can connect with some of the most profitable companies operating today—companies that are making people rich from investments that amount to just pennies.
It’s an investment strategy that targets what’s known in the business world as business development companies, or BDCs for short. These tiny companies offer stocks at extremely affordable prices right now, but that won’t last for long. When these companies get ready go public their value soars, making early investors millionaires.
What you must be asking yourself right now is why, if these companies are so profitable, why aren’t the huge investment houses dominating them right off the bat?
There’s a reason.
The giant Wall Street firms that otherwise run the industry aren’t allowed to touch these companies thanks to a law called the Small Business Investment Incentive Act. What it means is that you get a chance to invest in profitable small companies before they turn into the next news cycle’s IPO giants.
To help investors identify profitable BDCs, Elmerraji has developed a program that is transforming the world of finance. It’s called Penny Stock Fortunes.
Elmerraji has the expertise to back his picks. Through his work with some of the biggest finance houses he has made his name in the industry, and has been featured on well known media outlets such as MSNBC, TheStreet.com, Forbes and many other top-tier business media markets. The kind of access that Elmerrajii is offering isn’t something you’ll come across when you set up an appointment with the financial adviser down at your bank. This is trading wisdom.
If you’ve never invested before this is a chance to get into the market without costing you all of your savings, and the potential to make money off it is astronomical. Imagine being able to lend Steve Jobs five bucks to get Apple started when he was still running it out of his garage. If you asked Apple to cash out your five dollar investment on the day of a new iPhone release you’d be a multi-millionaire. This is your chance to get that level of access and ROI in a stock.

DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider
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Investing For Income: Insider’s Tips

Anyone who wishes to grow their personal wealth should know the ins and outs of investing for income. Income from investments can come in the form of dividends from shares and coupon interest payments from bonds, which can then be re-invested and compounded, or withdrawn. 
Why invest for income?
The goal of investing in bonds, cash, equities and property is aimed at delivering an investment return from both income and capital growth – as well as to allocate money according to current market conditions and projections.
Income from investments for some is a long term goal, while for others its’ a more immediate need – to finance spending or impending retirement, for example.
Income can also be seen as the indicator of a good investment: many investors believe that companies which pay good dividends tend to display good discipline and performance over time. M&G fund manager, Steven Andrew noted that 60% of people who invested with his company choose to reinvest their returns – which can have a powerful compounding effect over a long period of time.
The 2014 Barclays Equity Gilt study, which looks at long-term returns, showed that £100 invested in UK shares in 1945 would be worth £9,347 if dividends had been taken as cash – but would be worth £177,620 if they were reinvested to buy more shares instead.
Things to Consider When Investing for Income
Both shares and bonds are important as parts of an investing for income plan. The combination of both can make for a more solid, durable portfolio – even the best paying companies have bad quarters and years, depending on many economic factors. Interest payments from government and corporate bonds can help balance out and cushion more volatile investments.
Equally important is to dynamically adjust your holdings of shares and bonds to account for future predictions, rather than simply let initial amounts of stock sit. Investors should be sure, therefore, not only to diversify, but also to beware overpaying for bonds.

DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider
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Friday, October 30, 2015

Joint Venture Funding - How to Present Your Project to Get Funded

DL Financial Ltd Welcomes you to the last quarter of 2015, the defacto year of Joint Venture (JV) financing. Institutional financing is not available so developers are looking outside the box to fund their projects. The most common form of favorable financing is JV. This financing comes in more shapes, sizes, and terms than colors of the rainbow. There are, however, a few common things that all JV funders look for, regardless of the project, location or dollar amount. The purpose of this article is to share with you what these common denominators are and how you should present your project to get the most favorable terms.

Let's look at this from your potential funder's perspective. What does he want? The answer is simple, but arriving at achieving his goals involves a tremendous amount of scrutiny and due diligence on you, the developer. Quite simply, the JV funder wants a return on his investment. You must speak his language. What he wants is a pro forma that shows what his internal rate of return (IRR) is at two and five years. If you cannot prepare one of these, find someone who can. This document or spreadsheet shows vision and the common goal of making money.
Everything else is secondary, but also very important. You need to prepare a package that consists of the following items:

  1. an executive summary of the project that is no more than 5 pages (no funder will read a 120 page business plan before reading an executive summary)
  2. the proforma
  3. bios and resumes of all of the key players, including your contractors
  4. the entire business plan
  5. an appraisal if you have one
Logically, the funder has the money. You have to prove that you have the brains, muscle and integrity to be a great and cooperative partner. Your opportunity is not the only one on his desk, but it will certainly be the most presentable. Sloppy presentations make for sloppy projects.
Finally, the worst thing you can do is put pressure on the funder to act or fund immediately. Desperation only indicates weakness and poor planning.

DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider
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Offer for Fresh Cut BG, SBLC and DLC

We are direct providers of Fresh Cut BG/SBLC and DLC which are specifically for lease and purchase. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffeur driven offers.

Description of instrument:
1. Instrument: Bank Guarantee (BG)/SBLC
2.Total Face Value: Minimum 1Million EURO/USD- Maximum 50 Billion EURO/USD
3. Issuing Bank: HSBC, Barclays, Royal Bank of Scotland London or AA rated Bank in Western Europe, Middle East, Asia or America.
4.Term: One Year, One Month
5. Leasing Price: 4% of face value plus 1% Lessor agent [Closed]& 1% Lessee agent (open)
6. Style of speaking: Swift to Swift
7.Payment: Wire Transfer
8.Hard Copy: Bonded Courier within 7 banking days


Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us with the below information.

 
DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider
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Genuine Providers of Bank Instruments (Letters of Credit, Bank Guarantee, SBLC, DLC)

FL Financial genuine Bank Guarantee provider

We are direct providers of freshly cut bank instruments like BG (Bank Guarantee), MTN's (Medium Term Note), SBLC (Standby Letter of Credit) & DPLC's (Direct Pay Letter of Credit) CD's (Certificate of Deposit),  and just about every other type of financial instruments available through our network.
ALL OUR BG, SBLC AND LETTERS OF CREDIT ARE ISSUED BY TOP PRIME AAA RATED BANKS LIKE BARCLAY'S BANK LONDON, DEUTSCHE BANK AG GERMANY, HSBC, STANDARD CHARTERED BANK ETC. 
  • Bank Guarantee (BG) in US$ or Euros
  • Standby Letter of Credit (SBLC) in US$ or Euros
  • Medium Term Notes (MTN’s) in US$ or Euros
  • Treasury Bills (T-Bill) in US$ or Euros
  • Documentary Letter of Credit (DLC, SLC, LC) in US$ or Euros
  • Promissory Notes in US$ or Euros
  • Discounting of Bank Instruments

Our bank instruments can be engaged in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Roads, Bridges, Hospitals, Hotels, Condo, Real Estate and all kind of international business trading including oil/gas business, diesel, Gold Dust, Gold Bars, Rough Diamonds etc.
Below is our detailed terms and procedure for BG/SBLC.

Description of Instruments:

1. Instrument:             Bank Guarantee (BG) /StandBy Letter of Credit (SBLC)
2. Total Face Value:      Eur/USD 1Million (Min) to Eur/USD 50Billion (Max)
3. Issuing Bank:            Barclays Bank, HSBC, Lloyds Bank London, Standard Chartered Bank, Deutsch Bank AG,  Frankfurt  or any AA Rated Bank.
4. Age:                       One Year and  One Day
5. Leasing Price:           4% of Face Value a plus 2% brokers commission (1% for the lessee side and 1% for the lessor side, PLEASE NOTE, THIS BROKERS COMMISSION COMES INTO EFFECT ONLY IF THERE ARE BROKERS INVOLVED IN THE TRANSACTION)
6. Delivery:                  Bank-To-Bank Swift.
7. Payment:                 Wire Transfer
8. Hard Copy:               Bonded Courier within 7 banking days.


DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.

                 
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Thursday, October 29, 2015

Selling, Funding and Monetizing a (LEASED) Bank Guarantee

If you want to Sell, Monetize, Discount or Fund a Leased Bank Guarantee, we provide 100% Guarantee of Non Recourse Funding… for all Top 25 Bank instruments! 

If you have a Real Leased Bank Guarantee, we have Real Funders, Simple Procedures, Proven Results and are Easy to work with!

Here is what we provide:
  • Accepted Leased BGs from $10 Million to $5 Billion
  • Funding completed by AAA Rated Top 25 World Bank
  • Payments are Completed within 72 Hours of Leased Bank Guarantee Delivery!
  • 100% Guaranteed Non Recourse Monetization, Funding or Discounting
  • All Funds are Wired to Clients from a Top UK Paymaster Attorney protecting the privacy of each clients receiving bank account
  • Leased BG LTV 50% / Owned BG LTV 80%
  • Brokers Always Protected! 
  • Comprehensive Funding Agreement with:
    • HUGE Funder Penalty Clause protecting you!
    • Full Bank Account Delivery Coordinates for your BG Issuer to send the Bank Guarantee directly to.
    • Complete details of the Funders Bank Officers
    • Entire Company and Passport details of the Bank Guarantee Funder, Monetizer, Discounter
    • Detailed Funder Performance Guarantees



DL Financial Ltd issues Real Bank Guarantees, real and genuine SBLC's and completes Real Funding without long stories!
Others Talk, but DL Financial Delivers. If you are tired of brokers and scammers cheating you and telling you stories and no one ever delivering what they promised, maybe its time you became a customer of DL Financial Ltd.
DL Financial Limited (DLFL) are genuine and reliable providers of loan, international project funding, Lease bank guarantee providers, buy, lease or rent sblc, dlc and all letters of credit.  Kindly contact us today for all your financial needs.

 

Skype: dl.financials.limited



NOTICE: Brokers are paid 1% commission for every successful transaction. If you want to be our broker or company representative kindly contact us via email for more information.
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Letters of Credit Can Become Worthless

Letters of Credit Can Become Worthless

The deep and prolonged crisis in the financial services industry will result in numerous FDIC insured banks facing receivership or conservatorship. Undrawn letters of credit issued by these institutions are likely to be worthless. Parties to letter of credit transactions are advised to look carefully at their letters of credit and related documentation and enforce their right to require certain letters of credit to be replaced or, where possible, revise documents to require replacement of letters of credit issued by troubled institutions. At the end of this Alert, we have provided several suggested courses of action.



DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited

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Wednesday, October 28, 2015

What can a BG and SBLC be used for?



What can a SBLC be used for?
SBLC’s (and BG’s) can be used to enhance your ability to apply for a line of credit with your bank; in other words, it can be used as collateral when your bank is asking for additional comfort when you ask them to fund your project. We can help you acquire an SBLC.

The SBLC’s we deal in are genuinely 100% cash-backed and therefore usable as collateral. Our issuers only use top 25 World Banks – mainly from Europe like HSBC, Deutsche, UBS etc. This guarantees world wide acceptance of your SBLC.

These SBLC’s are generated by “someone” blocking their funds on your behalf, so we speak of a “leased” SBLC. In other words the SBLC is owned by the issuer and you are the beneficiary.

The SBLC is generally issued for 1 year and 1 day, but can easily be extended up to 5 years. (It is possible to get an SBLC for only 6 months). Once issued the SBLC is transferred to your bank via the Swift protocol of MT760.

Of course, Leasing of an SBLC comes at a cost. And to be very honest: at a high cost. Financing your project by using an SBLC is very expensive. First you need to pay money to the issuer of the SBLC plus commission to the consultants facilitating the process, Then you need to give the SBLC to your bank, who are providing a Line of Credit against the SBLC, which may only be up to 90% LTV or less. And usually, your bank will charge a one off fee to ‘monetise’ the instrument and also charge interest on the drawn down loan amount.

To successfully apply for an SBLC you need to be aware of four vital points:
a) You need to have a good project
b) You need to have a bank funding your project based on the supporting collateral of an issued SBLC
c) You need to have the money to pay for the leasing of the SBLC, you may also need to pay brokers if they are involved in the transaction.
d) You need to have a believable and realistic exit strategy to repay the loan and return the SBLC at the end of the term

All the SBLC’s we deal with are callable, assignable, fully transferable and lienable.

If you are thinking of using an SBLC to participate in a High Yield Trade Program, we are more than happy to assist you in acquiring the SBLC and placing it into trade.

However, you need to be very sure you are able to pay the leasing fees of the SBLC before issue, as most providers will not allow the instrument to be taken into a Trade Program unless and until the fee is paid. You cannot pay the lease fee from the program returns.

It is also not possible to use an SBLC to secure a commodity trade and pay for the SBLC out of the profits from the transaction. When paid for and used correctly, these instruments provide numerous lucrative options. we can provide BG’s, SBLC’s and CD’s, which can be blocked or delivered via SWIFT.

Typical projects we have had successful applications for are:
- Construction and Development
- Resorts -Building or Upgrading
- Growing a Company
- Trade Programs



DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
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How to Obtain a Standby Letter of Credit (lease SBLC)


Obtaining a standby letter of credit is similar to obtaining a commercial loan, though with a few key differences. As with any business loan, you will need to provide proof of your creditworthiness to the bank.

Unlike a loan, the process for approval for a SBLC is much quicker, with letters often being issued within a week of all paperwork being submitted. Also unlike traditional loans, the bank will require a fee of between one and ten percent of the SBLC amount before issuing the letter. This fee is usually charged per year that the letter of credit is in effect. If the terms of the contract are fulfilled early, you can cancel the SBLC and not incur additional charges.

For small business owners, the standby letter of credit can be a powerful tool for establishing trust with suppliers and vendors. Obtaining an SBLC is proof that you and your company have good credit, and can put many suppliers at ease about providing you favorable financing terms. Furnishing a financial SBLC can often allow you to negotiate payment and financing terms with suppliers from a position of strength in order to get the best interest rates and payment schedule, while maintaining a good relationship with your suppliers.

If you provide services, on the other hand, offering to furnish performance standby letters of credit can be extremely useful to helping your business secure large contracts. Putting your clients at ease by being willing to guarantee your work financially can overcome many of the objections business owners face in the selling process.



DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited



NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
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Get Started with a Standby Letter of Credit (SBLC)

Get Started with a Standby Letter of Credit (SBLC)
A financial letter of credit generally works on the other party in the exchange—in our example, the museum can be asked to provide a financial SLBC to your firm for the total amount of the project. If they fail to pay you after work is finished, the bank will issue payment to your business on behalf of your client.

These types of SBLCs are often required when performing international trade or other large purchase contracts where other forms of payment protections (such as litigation in the event of non-payment) can be difficult to obtain.


DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited



NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
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Performance SBLC’s & Financial SBLC’s

Performance SBLC’s & Financial SBLC’s
Standby letters of credit come in two primary forms: the performance standby letter of credit and the financial standby letter of credit. The performance standby letter of credit works to ensure that work you have agreed to perform is performed in a timely and satisfactory manner.

For example, if you own an architectural firm and are contracted to build a museum, you may be asked to provide a performance SBLC that guarantees that you will finish the plans by the end of your contract term, and that the structure you design is sound and meets all requirements. If, for some reason, you are unable to finish, or your design is deemed unsafe or unbuildable, the SBLC will take effect and pay the museum a preset amount. 



DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference. 

Kindly contact us today for all your financial needs.
 
Skype: dl.financials.limited


NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
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Tuesday, October 27, 2015

THE STANDBY LETTER OF CREDIT (SBLC): WHAT IT IS AND HOW TO USE IT



THE STANDBY LETTER OF CREDIT:
WHAT IT IS AND HOW TO USE IT
Entering into a commercial or financial transaction always involves certain risks for the seller or the financier. The most serious risk is that of not being paid. There are many methods available to help ensure payment. One such method is through the use of a letter of credit.


The letter of credit substitutes the credit of a third party, usually a bank, for that of the buyer or debtor. In transactions in which a commercial letter of credit is used, the bank agrees to pay the seller for the goods sold, usually upon presentation of a document stating that the goods have been received by the buyer. In transactions in which a standby letter of credit is used, the bank agrees to pay the financier if the debtor defaults upon his obligation to pay. In both cases, the seller or financier is assured of payment, provided the conditions of the letter of credit are satisfied. Upon payment by the bank, the buyer or debtor is obligated to reimburse the bank.

Three legal relationships exist in a letter of credit transaction. First is the contractual relationship between the seller and buyer or the financier and debtor evidenced by a contract for the sale of goods or a contract to lend money. The underlying contract, in addition to creating an obligation of payment or performance, requires the buyer or debtor to arrange for a bank (the issuer) to issue a letter of credit to the seller or financier (the beneficiary). Second is the contractual relationship between the bank and the buyer or debtor (the bank's customer). The customer arranges for the bank to issue the letter of credit in favor of the beneficiary, and the customer agrees to pay the bank for the amounts paid under the letter of credit. Third is the relationship between the issuer and the beneficiary. This relationship is evidenced by the letter of credit. In most cases, Article Five of the Uniform Commercial Code (UCC) governs the use and interpretation of letters of credit. The UCC defines a letter of credit as "an engagement by a bank or other person made at the request of a customer that the issuer will honor drafts or other demands for payment upon compliance with the conditions specified in the letter of credit. There is no particular form required for a letter of credit other than that it must be in writing and signed by the issuer. No consideration is necessary.

These three relationships are separate and distinct. The letter of credit is independent from the underlying business transaction between the bank's customer and the beneficiary of the letter of credit. This independence from the underlying contract creates a primary obligation on the part of the bank to the beneficiary and is the key to the utility of a letter of credit. The bank's obligation to honor the letter of credit is not conditioned upon performance or nonperformance of the underlying contract. Instead, the bank's only obligation is to determine whether the drafts or demands for payment made by the beneficiary comply with the conditions specified in the letter of credit.

If the letter of credit requires presentation of documents for payment, then the bank must examine the documents with care to ascertain whether, on their face, they appear to comply with the terms of the letter of credit. If the conditions specified in the letter of credit have been satisfied, the bank must pay the beneficiary unless a required document is forged or fraudulent, or there is fraud in the transaction. If the fraud or forgery is not apparent on the face of the document, the bank may not refuse payment even if notified by its customer that there has been a fraud or a forgery committed. A court may, however, enjoin payment in such a case.

Upon payment of the letter of credit by the bank, the customer has no cause of action against the bank for improperly honoring the demand for payment unless the bank accepted noncomplying documents and did not use care and good faith in examining them. When the beneficiary makes a demand for payment of the letter of credit, he warrants to all interested parties that the necessary conditions of the letter of credit have been satisfied. If the beneficiary has made an improper demand for payment and did in fact receive payment, then the customer has a cause of action against the beneficiary for breach of this warranty. 


DL Financial Limited (DLFL) are genuine and reliable providers of loan, international project funding, Lease bank guarantee providers, lease or rent sblc, dlc and letters of credit.  Kindly contact us today for all your financial needs.

Others Talk, but DL Financial Delivers.  So its time you became a customer of DL Financial Ltd so you can feel the difference. 
 

Skype: dl.financials.limited



NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
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Standby Letter of Credit (SBLC), Proof of Funding (PoF), Bank Guarantee (BG), & Monetisation

               Standby Letter of Credit (SBLC),
Proof of Funding (PoF),
Bank Guarantee (BG),
& Monetisation


A Standby Letter of Credit, one of the least understood but most powerful small business financing tools. While it’s used fairly extensively by larger companies, many small business owners frequently wonder what a standby letter of credit is, and aren’t aware of how it can help them and their enterprise succeed. 

A Proof of Funds is a document prepared by a financial institution that affirms that an individual or business entity has the funds on hand to enter into a given financial transaction. A document of this type is sometimes prepared at the request of a seller who is considering an offer from a buyer. The seller requests the proof through the buyer, who in turn authorizes his or her bank or other institution to provide data that confirms the ability to honor the terms of the transaction. 

We have also developed relationships with some of the Top banks in the world to Monetize Bank Instruments for clients worldwide by arranging the monetization against owned bank instruments such as BG’s (Bank Guarantees), LOC’s (Letter of Credit), SBLC’s (Standby Letter of Credit), and other banking and financial instruments. 

This form of financing can be used in combination with our cash backed stand by letter of credit (SBLC) or Bank Guarantee (BG) Program in order to monetize the newly created document to obtain the right funds for project financing. 

Monetizing bank instruments is the process of liquidating such instruments by converting them into legal tender. We can monetize or lend on just about any bank instrument to be used for project funding, move them into various trading platforms quickly and easily, as well as creatively incorporating them into financing certain development projects. We can monetize CD’s, SBLC’s, DPLC’s, BG’s and MTN’s. This can be accomplished in 5-15 business days. 

Monetizing a sblc or stand by letter of credit is becoming rather common. Many people refer to this as sblc funding or sblc financing since you are essentially obtaining cash on the basis of the sblc or bank guarantee.



Others Talk, but DL Financial Delivers. If you are tired of brokers and scammers cheating you and telling you stories and no one ever delivering what they promised, then its time you became a customer of DL Financial Ltd so you can feel the difference. 
DL Financial Limited (DLFL) are genuine and reliable providers of loan, international project funding, Lease bank guarantee providers,  lease or rent sblc, dlc and letters of credit.  Kindly contact us today for all your financial needs.

 

Skype: dl.financials.limited



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