BANK GUARANTEE/SBLC

31/10/2019
SERVICES

Helping you chart the right course.

global-project-finance-bank-guarantee

The Standby Letter of Credit or SBLC as well as the Bank Guarantee (hereafter 'Bank Guarantee') 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) for the case that the client fails to fulfill a contractual commitment.

Bank Guarantees demonstrate the client's repayment abilities and prove his solvency and credit worthiness towards his business partners.

Bank Guarantees are facilitated in international trade transactions, as collateral and as credit enhancement instruments. The use of Bank Guarantees is advantageous for companies that do not want to stake own equity.

Share

RELATED ARTICLES

CORPORATE FINANCE

CORPORATE FINANCE

You are applying for a Business Loan provided by Global Project Finance
PERSONAL FINANCE

PERSONAL FINANCE

You are applying for a Personal Finance provided by Global Project Finance
RENEWABLE ENERGY

RENEWABLE ENERGY

Global Project Finance is ready to assist you with re / financing your production of...
BRIDGING LOANS

BRIDGING LOANS

At Global Project Finance, we specialise in finding the right funding for your project, as...
CERFITICATE

CERFITICATE

Global Project Finance Limited Certificate
PROJECTS

PROJECTS

LIST OF PROJECTS THAT GLOBAL PROJECT FINANCE IN PROCESS: