NEWS FLASH: Kingrise Finance Limited are Direct Providers of Fresh Cut Bank Guarantees, SBLC Providers, Bank Instrument Providers, financial instrument providers, monetizers of bank instruments, international bank guarantee providers, genuine bank instrument providers & sblc providers which are specifically for lease
Our bank instrument (BG/SBLC) 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 or get involved in chauffeur driven offers.
We deliver with time and precision as set forth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.
The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760.
What is Bank Guarantee (Meaning of a BG)?
A bank guarantee is a promise from a bank or a financial institution that if a particular borrower defaults on a loan, the bank will cover the loss. The bank guarantee signifies a lending institution ensures that the liabilities of a debtor is going to be met. In other words, if the debtor is unsuccessful to settle a debt, the bank will cover it. A bank guarantee allows the customer, or debtor, to acquire goods, purchase equipment or draw down a loan.
A bank guarantee acts similarly to a line of credit, except that a line of credit can be drawn upon at will by the bank’s client. A bank guarantee is used only if the client does not pay its vendor an agreed-upon amount. U.S. credit institutions are forbidden from assuming guarantee obligations, and therefore most international transactions require a standby letter of credit.
What is Standby Letter of Credit (SBLC Meaning)?
A standby letter of credit (SBLC/SLOC) is a guarantee of payment by a bank on behalf of their client. It is a loan of last resort in which the bank fulfills payment obligations by the end of the contract if their client cannot.
A standby letter of credit can also be abbreviated SBLC or SLOC. A Standby Letter of Credit is different from a Bank Guarantee.
click here to read the difference between Bank Guarantee (BG) and Standby Letter of Credit (SBLC/SLOC).
Do You Monetize SBLC?
SBLC Monetization or monetisation is the process of converting a standby letter of credit (sblc) into sblc providers, sblc monetization in us no money down, SBLC Monetization, sblc funding process, cost of sblc, sblc providers
Kingrise Finance Limited are sblc monetizers. We can arrange and assist clients to discount or monetize sblc, or arrange a Non Recourse loan against a Standby Letter of Credit (SBLC) issued from prime banks. The Standby Letter of Credit Monetization arrangement issues Non Recourse funds to the Client shortly after the Standby Letter of Credit (SBLC) is delivered to the Monetizer.
Our SBLC monetization rate is 80% LTV which is the best rate in the industry, and above all, all our sblc are issued by top AAA rated banks such as HSBC Hong Kong, Barclays Bank London, Citi Bank New York, Credit Suisse etc.
BG/SBLC Process- How To Obtain BG/SBLC
Everyday lots of people are looking To Find Genuine SBLC Providers and real bank guarantee providers. Why are there so many scammers in the bank instrument industry? Since there are many sharks in this industry pretending to be providers, how can I find a real bg sblc provider that will not steal my money and run away?
Kingrise Finance Limited was incorporated in Hong Kong on 22-SEP-1999 as a Government Licensed Money Lender with CR No.: 0689078. We are leading providers of Business Loan, SME Loans, Project Financing, Recourse Loan, Non Recourse Loans and Bank Financial Instruments such as Standby Letter of Credit, Bank Guarantee, Performance Guarantee Bond, Tender Bond Guarantee, Advance Payment Guarantee, Bank Comfort Letter, Letters of credit etc.
We have been providing these financial services to our numerous customers all over the world including importers, exporters as well as customers that need credit enhancements or trade finance facilities to execute projects locally or internationally.
Our loan interest rate is just 3% annually and you can get loan financing from us with or without security or collateral. The loan term is up to 30 years with a grace period up to 3 years for those in the construction industry.
Description OF INSTRUMENTS:
- Instrument: Bank Guarantee (BG/SBLC)
- Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD).
- Issuing Bank: HSBC Bank London, Barclay’s bank London,Credit Suisse and Deutsche Bank Frankfurt.
- Age: One Year, One Month
- Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
- Delivery: Bank to Bank swift.
- Payment: MT-103 or MT760
- Hard Copy: Bonded Courier within 7 banking days.
As a growing trader, importer or exporter, a bank guarantee or letters of credit from Kingrise Finance Limited can help you to close more deals.
Contact us today to know how sblc bg mt760 can help you conclude worthy deals with your suppliers and contractors.
We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact us with below information..