Category: Blog
What exactly is a Standby Letter of Credit and what are its uses in todays markets? A Standby Letter of Credit is a financial instrument. It is issued by banks upon instructions...
What is a Standby Letter of Credit, and can a Standby Letter of Credit be ‘Leased’?
A Standby Letter of Credit is a financial instrument issued by a bank. It is a means of payment, but if “leased” will act as a guarantee of payment. It is important to understand...
In which countries are Standby Letters of Credit (SBLC’s) used, and why specifically in these countries?
A Standby Letter of Credit, SBLC, is used in almost every country in the world, however they are mainly used to replace Demand Guarantees (URDG 758) in the far east and the...
Has Brexit affected a Financial Organisations ability to facilitate Standby Letters of Credit?
Before going into the pros and cons of Brexit, what exactly is a Standby Letter of Credit? A Standby Letter of Credit or SBLC is a financial instrument, which are issued by...
Different Types of Bank Guarantees
Today we are going to look at the different types of Bank Guarantees and understand how these Bank Guarantees can help your business. First, we will differentiate between the...
What are the Benefits to a Company for Raising Lines of Credit?
There are many benefits from obtaining a credit line from a bank or other lending institutions. Before we embark down this road there is one question… Can you gain access...
How do Companies Raise Lines of Credit?
In the past banks took care of their clients, whether they were large, medium or small sized companies. Unfortunately, today that is not the case as some medium and mostly...
Popular Bank Instruments
In our field of work there are two highly popular bank instruments. The Bank Guarantee and the Standby Letter of Credit. Both these instruments are used for monetisation purposes.
What...
Today’s Standby Letter of Credit and Bank Guarantee are Tomorrows Saviours
Credit facilities are becoming an endangered species. Banks are reducing the size of their loan books, resulting in many companies struggling to find access to credit facilities....