From time to time, an organization that is the beneficiary of a standby by letter of credit (SBLC) may want to monetize their letter of credit so that they can:
If your organization wants to monetize a standby letter of credit, the determining factors of the value of the standby letter of credit are:
a) The language used by the issuing bank for posting the standby letter of credit - is it cash-backed, is it MT760, etc.
b) Name and the city of the issuing bank – is it a well-known top tier bank from a prominent city, or is it a local community bank in a no-name town in a third world country?
c) The Face value of the Standby Letter of Credit (SBLC) and
e) What are your objectives? Do you want to fund a project, or just have access to liquid capital or participate in a private placement trade?
If monetizing a standby letter of credit with a reputable organization like Line of Credit.AI is essential to you, then you are in the right place.
Line of Credit.AI has the ability to:
Our program allows our clients to quickly liquidate their lines of credit and participate in vetted trading platforms that are best suited for the business objectives or get a loan against that is 2x-10x higher than the face value of the SBLC or get access to their liquid cash.
What makes us unique is:
1. We offer monetization and access to various bank instruments such as Cash-backed Standby Letter of Credit/Bank Guarantee (STANDBY LETTER OF CREDIT (SBLC)). Medium- and Long-Term Notes (MTN & LTN).
2. We can offer a far higher amount of capital compared to banks/private investors – often 2x-8x
3. Our years of experience and competency
4. Access to vetted Private Placement Trading Platforms - If a client wants to participate in a private placement trade, we have vetted platforms using former FBI agents who have investigated the founders, paymaster, etc.
5. Ability to get a far higher loan to value (LTV) at a far faster rate via our reputation, relationships/experience
6. Besides Cash-back standby letters of credit, we can also monetize leased standby letters of credit as well as offer mirroring services in various countries.
For SBLC monetization, we offer no upfront fees/charges.
We require clients to submit a CIS/KYC in the prescribed format only.
We accept delivery via SWIFT MT-760 from top-rated banks only.
And for Nonrated Banks, we require corresponding banks.
If you are interested in participating in a monetizing an SBLC and getting a loan or a line of credit, here is the standard process for any organization that you choose to work with.