Sell Banks who will loan against LC DLC SBLC Factoring Discounting |
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| If you are in the import/export business and have either a DLC, LC/LOC (Documentary Letter of Credit/Letter of Credit) and in need of a lending facility who can establish an account for you and give you cash against your instrument so that you can ship your products, then I think you've found the right match. Our Financial Group can establish and provide this COMPLETE structure. You would need to provide our banker the copy of the contract agreement of your transaction, either the actual copy of the instrument OR its verbiage/language (it must have the following keywords: "irrevocable, assignable, transferable, divisible"). LTV is up to 92.5% of the face value of your instrument, however, we've had previous contract at 55% LTV due to the length of the instrument (it was only for 30 days). We welcome respectful intermediaries who understands and follows procedures and protocol and we will protect them at closing. Our lending facility is with a major banking institution here in the US and we speak DIRECTLY with one of its Senior Vice Presidents (Commercial Banking Division). Expected turn around time of cash disbursement is between 3 to 5 banking days. Application can be obtained by visiting http://www.commercial-financing.us/contact |
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