BANK GUARANTEES

Borrower’s Procedures – a Broker´s Fantasy

Posted on

Okay this is going to be a very brief and straightforward post. Several times we receive email inquiries from supposed “borrowers and or brokers” trying to dictate a procedure for bank instrument transactions or loan.
More often than not, these so called “borrowers” are nothing more than unscrupulous intermediaries trying to get in the middle of a transaction by listing their “procedure”. I have yet to see a single bank or other reputable financial institution who will even consider looking at a customers “procedures”; that is just a broker’s fantasy. You either follow the lender’s procedures or you get nothing, that is the reality of the financial markets.
If a lender has not set procedures for loans or bank instruments, then most probably they are not a real lender, most probably they are just intermediaries sweeting your ear so you not go away until they find something close to what you as a borrower are looking for.
So if you are really looking for financing, BG or SBLC, instead of wasting time trying to impose your terms/procedure to loan lenders and bank instrument providers, try to see who is real and who is not, and then try to choose from them whatever is more convenient to you. No loan lender or bank instrument provider is going to do your procedure simply because you have been scammed before. Yes we get lost of stories like this: I HAVE BEEN SCAMMED BEFORE, SO NOW IT IS GOING TO BE MY TERMS/PROCEDURE ONLY. Its sad you have been scammed and we are sorry about it, but hey no bank or genuine provider/lender is going to do your terms and procedures simply because you have been scammed. Ignorance is no excuse. You as the borrower has a need and so you cannot dictate terms. You simply cannot get anything out of a bank by trying to impose your conditions? The golden rule in lending is quite simple “He who has the gold, RULES!”
DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference.
Skype: dl.financials.limited
NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
bank guarantee provider     Genuine SBLC provider      bank guarantee providers      Genuine Loan provider

This entry was posted in Bank Guarantee, BANK GUARANTEES, Letters of Credit, POF provider, Projects Funding and tagged , , , , , , , , , .

Letters of credit providers- L/C, DLC, SBLC and lease bank guarantees

Posted on

Letter of credit  (Documentary Letter Of Credit (L/C, DLC) is the bank’s obligation to pay the seller of goods or services a certain amount of money in the timely submission of documents confirming shipment of goods or performance of contractual services.

Documentary Letter Of Credit is one of the most important means of financing in the international trade, as the letter of credit is a tool that removes most of risks as from the buyer (importer) and from the seller (exporter).

Documentary Letter Of Credit is very flexible and convenient tool of calculations, which have the widest recognition and acceptance in the world because of the following advantages:

  1. For the seller, the letter of credit is convenient because it removes the risk of insolvency of the buyer, because the letter of credit is the unconditional obligation of the bank to pay, regardless of the presence or absence of the bank of the applicant credit. Thus, the letter of credit provides a higher degree of protection of the seller’s interests with payment upon delivery or by collection.

For the seller of credit is convenient because it removes the risk of insolvency of the buyer, because the letter of credit – the unconditional obligation of the bank to pay, regardless of the presence or absence of the bank of the applicant credit. Thus, the letter of credit provides a higher degree of protection than the interests of the seller with payment upon delivery or by collection.

  1. For the customer the letter of credit is convenient because it provides greater protection of the buyer’s interests compared to the down payment, and eliminates the risk of unscrupulous sellers, because the letter of credit may be required, among other documents, the documents, issued by independent third parties (Chamber of Commerce, the insurance company, the independent inspector).
  1. Availability of “Uniform Rules and Practice for Documentary Letter of Credit”, which are internationally recognized, clearly defining and delimiting the obligations of the parties of the letter of credit, allows advancing the interests of the applicant or beneficiary. Thus, the letter of credit is the bank’s obligation as an independent arbitrator who shall be subject to payment of the letter of credit, regardless of the possible litigation between the parties to the contract.

The principle of autonomy and independence of the letter of credit from the contract is fundamental.

What should be important during choosing a letter of credit:

It is important to define clearly the conditions of the letter of credit: type of the letter of credit, payment conditions of the letter of credit, a list and description of the documents submitted by the payee and the requirements for such documents, the closing date of the letter of credit and the period of submission of documents.

There are the following forms of letter of credit:

Revocable Letters of Credit, which can be changed or canceled by the issuing bank without prior notice to the recipient of funds. Revoke of letter of credit does not create any obligation of the issuing bank to the payee (Article 1094 Civil Code). Nominated bank is obligated to make a payment or other operations on a revocable letter of credit, if at the time of their commission they have not received notice of the change of conditions or canceling credit. A letter of credit is revocable if its text does not explicitly state otherwise.

Irrevocable letter of credit is a firm obligation of the issuing bank to pay money in order and the terms defined by the conditions of the letter of credit, if the documents provided for by it, submitted to the bank specified in the credit, or the issuing bank, and observe the terms and conditions of the letter of credit.

Irrevocable letter of credit guarantees that the exporter will make payment to the performance of its obligations, even if an importer wants to abandon the deal. Therefore, exporter, performing a special order, for which most likely will not be another buyer, chooses exactly this kind of letter of credit.

Irrevocable unconfirmed letter of credit. When making an unconfirmed letter of credit issuing bank, providing a letter of credit, is only party that is responsible for the disbursement to seller. Nominated bank has to pay only after receiving the money from the issuing bank. Nominated bank simply acts on behalf of the bank providing credit, so it does not take any risk.

Irrevocable confirmed letter of credit – the obligation of the issuing bank is confirmed by another bank. Confirmation is an additional guarantee of payment from another bank (Bank of the exporter or prime bank).

Bank, confirming letter of credit is committed to pay for documents according to the conditions of the letter of credit if the issuing bank fails to make the payment.

According to the method of payment letters of credit can be divided into the following types of letters of credit:

1.Transferable Letter of Credit (Transferable LC) is a letter of credit, the beneficiary of which is entitled to instruct the advising bank to transfer the letter in full or in part to another person with the preservation of the conditions of the letter of credit. Transferable letter of credit may be transferred only once (if in the Credit otherwise is stated). Prohibition on transfer of letter of credit is not a prohibition on assignment of revenue on it. Letter of credit can be transferred only if it is clearly defined by the issuing bank as a transferable. The term “divisible”, “fractional”, “assignable”, “passed” and others do not give the right to consider the letter of credit as transferable. This type of letter of credit is applied when in the transaction between the seller and buyer the intermediary participates who has a letter of credit opened in his favor and transferred into its own provider. The letter of credit can be transferred only under the conditions specified in the original letter of credit, with the exception of the amount of the credit, the unit price, which can be reduced, as well as the expiry date, the last date for submission of documents after the date of shipment, shipment period, which may be reduced. During transferable letter of credit the documents should be requested so that they could be used for the initial credit. The use of this type of credit requires caution and a good knowledge of technology.

  1. Red clause Letter of credit. The essence of red clause letter of credit is that letter of credit requires the terms and conditions of a special clause, according to which the issuing bank authorizes the nominated bank to make an advance payment of a specified amount to the beneficiary before submitting all the documents under the Credit (prior to shipment of the goods or services). Such clause is included in the letter of credit at the request of applicant. Down payment on red clause letter of credit made by the executing bank under a written obligation of the beneficiary to submit documents in accordance with the terms of the letter of credit. After the submission of all documents executed in full. A letter of credit is named in such way because special clause was done with a red stripe.

3.The letter of credit with Payment at Sight. Beneficiary receives payment upon presentation and verification of documents corresponding to all the conditions of the letter of credit. It is provided a reasonable time for a document check before paying to the issuing bank, confirming bank or an authorized bank.

4.The letter of credit with Deferred payment. Letter of credit with Deferred payment is based on an irrevocable commitment of the issuing bank and / or confirming bank to make payment against presentation of the relevant documents not at the time of presentation of the documents and in the corresponding period of payment, determined by the conditions of the letter of credit. Letters of credit (with Deferred payment and payment by acceptance) may be a more attractive financial instruments to customers prior to the date of payment the buyer can sell the goods and pay the letter of credit, generated profit.

  1. Revolving Letter of Credit (Revolving LC) put up on a certain amount, after which it will be used for some time, again exposed for the payment of claims of the beneficiary as many times as is reached set the maximum aggregate limit.

The advantage for the importer is that it can order the product in quantities greater than it needs at the moment, and thus to secure a better purchase price. In this case, the delivery of goods will be divided into certain parties and must be performed at specified intervals. For exporter to ship on a schedule convenient for the importer, usually under the revolving credit indicating the dates of the respective amounts which represent the proportion of the aggregate limit.

Such  statement about the date of the equity amounts forces an exporter to ship goods in time in accordance with the agreed schedule, otherwise unused equity amounts simply void, unless otherwise isn’t stipulated in the letter of credit, that is for a further letter of credit they will be impossible to use. In this case we are talking about the “non-cumulative Revolving Letter of Credit.”

If the amounts that were not used in fixed terms for them, however, are allowed to use in the future, in which case we are dealing with a “cumulative Revolving Letter of Credit.”

Revolving Letters of Credit are useful only for transactions in which the same type of product will be delivered at regular intervals to the same counterparty.

6.Stand-by Letter of Credit (Stand-by LC) was developed by the American banking system and performs the same functions as a bank guarantee. Using a Stand-by Letter of Credit is regulated by the ISP98, and UCP 600.

Stand-by Letter of Credit is a bank’s obligation to make payment in the event of default on the part of the Applicant, and is a bank guarantee. Typically, this letter of credit is opened in cases where the contract provides for payment for goods by bank transfer or otherwise, not giving an absolute guarantee of payment, and the exporter wants to protect himself, but the bank guarantee is forbidden, then in the contract the parties stipulate that as security the letter of credit will be Stand-by by the importer. Payment under this letter of credit will be made in the event of non-payment by bank transfer or otherwise, in unintended ways, on presentation of documents by the beneficiary and the special statement indicating that the counterparty (applicant for the credit) has not fulfilled its obligations in respect of payment.

The use of the term “stand-by letter of credit” is explicated in such way that the law of some states in the U.S. prohibits banks to provide guarantees, and the International Chamber of Commerce Uniform Rules for Documentary Credits under the influence of U.S. banks recognizes the application of these rules for stand-by letters of credit (Article 1). From this position, their use is preferable to a bank guarantee, which are subject to national legislation.

In recent years, access to the banks to provide credit guarantee becomes frequent, which would support the borrower’s obligation to pay to a third party or a promise to fulfill certain contractual obligations. This can be done with the help of  letter of credit.

Beneficiary under a stand-by letter of credit is drawn firstly to the applicants for payment and then asks the bank to make a payment. For commercial letter of credit situation is reversed, “the beneficiary receives payment from the issuing bank, without resorting to the buyer for payment.”

Thus, as well as a guarantee, stand-by letter of credit is irrevocable obligation of the bank to pay a specified amount of stand-by letters of credit in the first written demand of the beneficiary in the event of default by a party under the Contract, subject to all conditions of the credit.

7.Back-to-back letter of credit. The letter of credit is opened by the issuing bank at the request of the client-applicant in the event of another open letter of credit in favor of the client, in which he is a beneficiary. In contrast to the transferable letter of credit,  basic and back-to-back letter of credit are two legally independent from each other letters of credit, even though both are designed for the same commodity transactions.

Back-to-back letter of credit is effective in cases where the seller does not want the proxy provider to know the end customer, and vice versa. In this case, the terms of a letter of credit opened in the name of the broker, may be moved to credit, which will open in the name of an intermediary third party transactions, both credit will be run independently of each other, and the terms of a letter of credit may differ if it is necessary.

This type of credit is usually used by middlemen.

In the CIS countries to open such credit, the banks generally require collateral or broker deposits to lower the risks.

Payment mechanism

  1. Importer (buyer) has a guarantee that the bank will not pay for his account as long as he doesn’t receive documents in accordance with the terms of the letter of credit and is satisfied that received documents by the external signs meet the requirements of the importer.
  2. Banks will deny payment of documents by the importer, if the documents on the goods do not meet the letter of credit, thereby protecting the interests of the importer.
  3. Customer can be sure of receiving payment as soon as he provides the documents to the bank according with the letter of credit.
  4. Customer receives against the shipping documents, specified in the letter of credit, prompt payment (if the letter of credit provides for payment terms – on demand).
  5. Required documents usually include shipping documents such as bills of lading (receipt of shipmaster) goods and transport waybill, duplicate w / a bill showing that the goods have been shipped in accordance with the needs and specification of the buyer.

Letter of credit in most cases is as follows:

  1. Exporter and importer agree to the release of LC (Letter of credit).
  2. Importer (the buyer) with the consent of the exporter (seller) asks his bank to issue a letter of credit. The importer’s bank (the issuing bank) in such case assumes an obligation to pay a fixed amount to the exporter with the condition that the exporter will provide the documents that match the letter of credit for a specified period of time.
  3. Bank issuing informs the bank of the exporter of the credit.
  4. Bank of the exporter (advising bank informs the exporter that, the letter of credit is issued on his advantage).
  5. Exporter ships the goods, prepares the necessary documents and send them to the bank for providing in the designated bank.
  6. Designated bank verifies the documents and if the documents are in compliance with the terms and conditions of letter of credit, this bank will pay the amount of the documents, but not exceeding the total amount of the letter of credit.
  7. Designated bank sends the documents to the importer’s bank for onward transmission to the importer, who can use them to get the goods.

General advantages of the letter of credit

1.Letter of credit is very flexible computational tool that can be used for payment transactions on a variety deals of clients.

2.Letter of credit is a tool, the rules of using of which are defined in the authoritative international organization, are common and are recognized all around the world. This is beneficial to both customers and banks, as each party of the transaction has a clear understanding of rights, responsibilities, and standard requirements to all participants in the operation.

3.Letter of credit is useful as a tool for short-term financing.

Advantages of the letter of credit for importers

1.Letter of credit may open by own expense of the client, by funds provided by the bank on credit, as well as by providing support by customer to fulfill its obligations (mortgage, deposit).

2.Payment is performed after shipment of goods and delivery of documents.

3.Importer determines a list of the documents against which will be issued payment.

4.Limit the period of providing of the documents and shipment of goods.

Advantages of the letter of credit for exporters

1.To the obligation of the buyer to pay, it is added an obligation of the issuing bank, this liability does not depend on the relationship between the seller and the buyer.

2.If the letter of credit is confirmed, so there is a guarantee of payment from the second bank.

3.Performance of the letter of credit is a guarantee of payment.

The similarities between the letters of credit and guarantees

1.Letter of credit and guarantee are due to the existence and the need to secure the obligations of partners in a transaction.

2.Letter of credit and guarantee are the bank’s obligation to make payment to the beneficiary against certain documents;

3.Letter of credit and guarantee are paid during the provision to the bank well-defined and clearly understood terms of those instruments of documents.

4.Commercial banks offer guarantees and letters of credit on the base of written confirmation of the presence of obligations in the applicant that are provided by such guarantees or letters of credit (the contract, etc.).

The differences between the letters of credit and guarantees

  1. Letter of credit is opened with the intention of using it, that is, payment by letter of credit is a phenomenon that occurs during the normal course of events (method of payment). Guarantee is used as a way to ensure obligations and is used if in the process of the implementation of one of the parties of the transaction is not able to meet its own obligations.
  1. Letter of credit is used as a method of payment in one form or another. The guarantee can cover almost any kind of obligations (the advance payment guarantee, performance of contractual obligations, tender obligations, repayment, payment of customs duty, payment of a fine or compensation fixed by the court, the observance of the guarantee period of equipment, guarantee of the payment of court collateral, guarantee of payment of the transfer a football player and many others.) Area of application of guarantee, thus much wider than in credit.
  2. Letter of credit is a transferable tool, as it allows to optimize the calculations between the partners. Guarantee in rare cases can be transferable as all that is required to receive funding under the guarantee is the requirement of payment, which makes it a ground for abuse of this tool.

DL Financial Ltd issues Real Bank Guarantees, real and genuine SBLC’s and completes Real Funding without long stories!

DL Financial Limited (DLFL) are genuine and reliable providers of loan, international project funding, Lease bank guarantee providers, buy, lease or rent sblc, dlc and all letters of credit.  Kindly contact us today for all your financial needs.

 

Skype: dl.financials.limited

Email:  info@dlflimited.net

Website: http://www.dlflimited.net

Twitter: https://twitter.com/dlfinancial

Blog: https://dlfinancial.wordpress.com

This entry was posted in Bank Guarantee, BANK GUARANTEES, Uncategorized and tagged , , , , , , , , , , .

Real Genuine Providers of Loan, Project Funding, bank guarantees, DLC & SBLC

Posted on

DL Financial Limited is a registered loan and investments company that undertakes direct loan provision, personal loan, business loan, project financing. We are also direct providers of bank instruments such as bank guarantee (BG), standby letter of credit (buy or rent SBLC), DLC, Letters of credit. Our bank instruments are issued by prime banks like HSBC, Barclays Bank, Citibank, Standard Chartered bank or any top AAA rated bank of your choice. We provide both secured loans and unsecured loans and our interest rate is 3% per year.
 
Furthermore, we are looking forward to partnering and/or working with agents or company representatives. In the case where you do not have any need for a loan, you can serve as our agent or company representative. You will be entitled to 1% of total value of every business you bring to us.
 
If you would like to work or do business with us, kindly get back to us stating your area of interest to guide us on the next step.
 
In anticipation of having a pleasant business relationship with you, please accept the assurances of our esteem regards.
 
Mr. Laurent De Landtsheer
Skype: dl.financials.limited

This entry was posted in Bank Guarantee, BANK GUARANTEES, BG or SBLC, Uncategorized and tagged , , , , , , , , , , .

Lease bank Instruments (Letters of Credit, Bank Guarantee, SBLC, DLC)

Posted on Updated on

FL Financial genuine Bank Guarantee provider

We are direct providers of freshly cut bank instruments like BG (Bank Guarantee), MTN’s (Medium Term Note), SBLC (Standby Letter of Credit) & DPLC’s (Direct Pay Letter of Credit) CD’s (Certificate of Deposit),  and just about every other type of financial instruments available through our network.

ALL OUR BG, SBLC AND LETTERS OF CREDIT ARE ISSUED BY TOP PRIME AAA RATED BANKS LIKE BARCLAY’S BANK LONDON, DEUTSCHE BANK AG GERMANY, HSBC, STANDARD CHARTERED BANK ETC.

  • Bank Guarantee (BG) in US$ or Euros
  • Standby Letter of Credit (SBLC) in US$ or Euros
  • Medium Term Notes (MTN’s) in US$ or Euros
  • Treasury Bills (T-Bill) in US$ or Euros
  • Documentary Letter of Credit (DLC, SLC, LC) in US$ or Euros
  • Promissory Notes in US$ or Euros
  • Discounting of Bank Instruments

 

Our bank instruments can be engaged in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Roads, Bridges, Hospitals, Hotels, Condo, Real Estate and all kind of international business trading including oil/gas business, diesel, Gold Dust, Gold Bars, Rough Diamonds etc.

Below is our detailed terms and procedure for BG/SBLC.
Description of Instruments:

1. Instrument:             Bank Guarantee (BG) /StandBy Letter of Credit (SBLC)
2. Total Face Value:      Eur/USD 1Million (Min) to Eur/USD 50Billion (Max)
3. Issuing Bank:            Barclays Bank, HSBC, Lloyds Bank London, Standard Chartered Bank, Deutsch Bank AG,  Frankfurt  or any AA Rated Bank.
4. Age:                       One Year and  One Day
5. Leasing Price:           4% of Face Value a plus 2% brokers commission (1% for the lessee side and 1% for the lessor side, PLEASE NOTE, THIS BROKERS COMMISSION COMES INTO EFFECT ONLY IF THERE ARE BROKERS INVOLVED IN THE TRANSACTION)
6. Delivery:                  Bank-To-Bank Swift.
7. Payment:                 Wire Transfer
8. Hard Copy:               Bonded Courier within 7 banking days.

DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference.
Kindly contact us today for all your financial needs.
Skype: dl.financials.limited
NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
                 

This entry was posted in Bank Guarantee, BANK GUARANTEES, Letters of Credit, Loans, Uncategorized and tagged , , , , , , , , , , , , , .

Joint Venture Funding – How to Present Your Project to Get Funded

Posted on Updated on

DL Financial Ltd Welcomes you to the last quarter of 2015, the defacto year of Joint Venture (JV) financing. Institutional financing is not available so developers are looking outside the box to fund their projects. The most common form of favorable financing is JV. This financing comes in more shapes, sizes, and terms than colors of the rainbow. There are, however, a few common things that all JV funders look for, regardless of the project, location or dollar amount. The purpose of this article is to share with you what these common denominators are and how you should present your project to get the most favorable terms.

Let’s look at this from your potential funder’s perspective. What does he want? The answer is simple, but arriving at achieving his goals involves a tremendous amount of scrutiny and due diligence on you, the developer. Quite simply, the JV funder wants a return on his investment. You must speak his language. What he wants is a pro forma that shows what his internal rate of return (IRR) is at two and five years. If you cannot prepare one of these, find someone who can. This document or spreadsheet shows vision and the common goal of making money.

Everything else is secondary, but also very important. You need to prepare a package that consists of the following items:

  1. an executive summary of the project that is no more than 5 pages (no funder will read a 120 page business plan before reading an executive summary)
  2. the proforma
  3. bios and resumes of all of the key players, including your contractors
  4. the entire business plan
  5. an appraisal if you have one

Logically, the funder has the money. You have to prove that you have the brains, muscle and integrity to be a great and cooperative partner. Your opportunity is not the only one on his desk, but it will certainly be the most presentable. Sloppy presentations make for sloppy projects.Finally, the worst thing you can do is put pressure on the funder to act or fund immediately. Desperation only indicates weakness and poor planning.

DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference.
Kindly contact us today for all your financial needs.
Skype: dl.financials.limited
NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider

This entry was posted in BANK GUARANTEES, dlc, Loans, SBLC and tagged , , , , , , , , , , , , , , , , .

Offer for Fresh Cut BG, SBLC and DLC

Posted on

We are direct providers of Fresh Cut BG/SBLC and DLC which are specifically for lease and purchase. Our bank instrument 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 neither do we get involved in chauffeur driven offers.
 
Description of instrument:
1. Instrument: Bank Guarantee (BG)/SBLC
2.Total Face Value: Minimum 1Million EURO/USD- Maximum 50 Billion EURO/USD
3. Issuing Bank: HSBC, Barclays, Royal Bank of Scotland London or AA rated Bank in Western Europe, Middle East, Asia or America.
4.Term: One Year, One Month
5. Leasing Price: 4% of face value plus 1% Lessor agent [Closed]& 1% Lessee agent (open)
6. Style of speaking: Swift to Swift
7.Payment: Wire Transfer
8.Hard Copy: Bonded Courier within 7 banking days
Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us with the below information.
 
DL Financial Limited are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  Others Talk, but DL Financial Delivers. So its time you became a customer of DL Financial Ltd so you can feel the difference.
Kindly contact us today for all your financial needs.
Skype: dl.financials.limited
NOTICE: Brokers are 100% welcomed and protected. Our brokers are paid handsome commission for every successful transaction. If you want to be our broker or company representative kindly send us email for more information.
DL Financial bank guarantee provider     DL Financial Genuine SBLC provider      DL Financial DLC provider      top world lc provider

This entry was posted in BANK GUARANTEES, SBLC and tagged , , , , , , , , , , .

Selling, Funding and Monetizing a (LEASED) Bank Guarantee

Posted on

If you want to Sell, Monetize, Discount or Fund a Leased Bank Guarantee, we provide 100% Guarantee of Non Recourse Funding… for all Top 25 Bank instruments! 

If you have a Real Leased Bank Guarantee, we have Real Funders, Simple Procedures, Proven Results and are Easy to work with!

Here is what we provide:

  • Accepted Leased BGs from $10 Million to $5 Billion
  • Funding completed by AAA Rated Top 25 World Bank
  • Payments are Completed within 72 Hours of Leased Bank Guarantee Delivery!
  • 100% Guaranteed Non Recourse Monetization, Funding or Discounting
  • All Funds are Wired to Clients from a Top UK Paymaster Attorney protecting the privacy of each clients receiving bank account
  • Leased BG LTV 50% / Owned BG LTV 80%
  • Brokers Always Protected! 
  • Comprehensive Funding Agreement with:
    • HUGE Funder Penalty Clause protecting you!
    • Full Bank Account Delivery Coordinates for your BG Issuer to send the Bank Guarantee directly to.
    • Complete details of the Funders Bank Officers
    • Entire Company and Passport details of the Bank Guarantee Funder, Monetizer, Discounter
    • Detailed Funder Performance Guarantees

DL Financial Ltd issues Real Bank Guarantees, real and genuine SBLC’s and completes Real Funding without long stories!

Others Talk, but DL Financial Delivers. If you are tired of brokers and scammers cheating you and telling you stories and no one ever delivering what they promised, maybe its time you became a customer of DL Financial Ltd.

DL Financial Limited (DLFL) are genuine and reliable providers of loan, international project funding, Lease bank guarantee providers, buy, lease or rent sblc, dlc and all letters of credit.  Kindly contact us today for all your financial needs.
Skype: dl.financials.limited
NOTICE: Brokers are paid 1% commission for every successful transaction. If you want to be our broker or company representative kindly contact us via email for more information.

This entry was posted in BANK GUARANTEES and tagged , , , , , , , , , , , , .

FREE Bank Guarantees – No Money Down

Posted on Updated on

Once upon a time in a city far far away a lonely man with no money decided it would be fun to start a rumor…. He had played the game of Chinese Whispers before and thought it would be a great joke if he told everyone that…… You could get Free Bank Guarantees, without paying any money until the BG was delivered to the funder.

Bank Guarantee Funding Free BGIn a daring moment the lonely man spread the rumor to all his friends, within weeks everyone was talking about how you could get Bank Guarantees worth Millions of Dollars for FREE, without ANY Money Upfront, Free Bank Guarantees. The news spread like wildfire as desperate people latched on to the hope of a pipe dream that was started as a lie and was in fact 100% Untrue the entire time!

The Sad Reality is our industry is full of people that believe the fairy tale that Bank Guarantees can be obtained with NO MONEY UPFRONT. The fact is they can’t! They never have been able to be purchased for free and they never will be! ALL banks especially Top 25 banks charge fees to create and transmit the Bank Guarantee to a Funder. NO BANK will do that for free! No Bank will take the risk on a transaction for the customer. NONE!

If the bank is not paid, no Bank Guarantee will EVER get sent. And if the customer (you) are not paying for the bank guarantee to be sent…. then it wont be sent and no deal will ever be concluded! You can be absolutely sure that NO BG ISSUER is going to pay the bank fees for you, why would they? If they own the BG and they pay the Bank Fees as well, why do they need you as the customer? They may as well transmit the BG to the Funder themselves and keep all the profit for themselves. Why would they share a cent with a client who has put up no money and taken no risk?

Bank Guarantee Funding Free BGIts just a bad joke that people believe the free BG fairy tale! Regrettably so many people are busy believing the “I can get a Bank Guarantee with No Upfront Fees Lie” that they waste hundreds of hours each year trying to find the Gold at the end of the Rainbow that DOES NOT EXIST & NEVER HAS EXISTED!

DL FINANCIAL $1,000 Reward Offer

We will pay any client $1,000 who can show us documented evidence of all stages of a BG Transaction being Issued, Funded and over 1 Million Dollars being paid to the clients account with the client putting No Money Upfront. Yes thats right, we will pay any client who has transacted a deal $1,000 if they can show us accurate, factual, irrefutable documentary proof that they have completed the funding of ANY BG transaction (must be a recent transaction of no more than 3 months old) with ANY rated bank and banked a profit of over 1 million dollars.

Please, I beg you, prove us wrong! If there are hundreds of people doing Bank Guarantee Deals for Free…. and there should be because everyone is talking about it…… then come take our $1,000 money!

IMPORTANT NOTE – As of the date you are reading this article…. NOT ONE SINGLE PERSON has EVER come forward with ANY evidence EVER that ANY one has EVER completed a Bank Guarantee Deal for FREE!

The truth is this….. too many people have been scammed out of Upfront Fee Money, and as a result of having a bad experience those same people made up an investment rule up in their mind that they would now only enter a transaction if they did not have to risk any money or put any money up front. This effectively created a rule that prevents them from having ANY success or EVER completing ANY BG transaction because without money paid upfront to cover the bank costs, NO deal will ever get concluded!

Try going to your local airline and telling the airline i need you to fly me across the country for free and when i get to my destination i will pay you then! See how many plane rides you can take….. NONE! Freeloaders get Nowhere!

The problem with most people is they haven’t thought through their own logic, they are so caught up in the greed and dream of making millions of dollars from nothing that they have never considered the possibility that they are believing in a lie. There are no free lunches in life, there certainly are no free million dollar lunches in life, if you don’t pay for it you don’t get it, its that simple. You get what you pay for, pay nothing, get nothing. Its the most fundamental economic principle and Bank Guarantees are operating in the centre of the economic world.

If free Bank Guarantees were a reality….. There wont be any poor man in the world today. infact Every homeless person in the world today would be doing BG deals every week.

But FREE Bank Guarantees are not a reality, they are a fairy tale, a legend promoted by poor people to live on the hope of a dream to get rich from nothing. You have more chance of buying a lottery ticket and winning the lottery than ever completing a BG Deal for free. At least with the lottery ticket you paid the money to receive the chance.

With BGs, if you don’t pay to play, you will never get your money day. Thats the simple truth. 

DL Financial Ltd issues Real Bank Guarantees, real and genuine SBLC’s and completes Real Funding without long stories!

Others Talk, but DL Financial Delivers. If you are tired of brokers and scammers cheating you and telling you stories and no one ever delivering what they promised, maybe its time you became a customer of DL Financial Ltd.

DL Financial Limited (DLFL) are the largest and most reliable providers of loan, international project funding, Lease bank guarantee providers, buy, lease or rent sblc, dlc and all letters of credit.  Kindly contact us today for all your financial needs.
Skype: dl.financials.limited
NOTICE: Brokers are paid 1% commission for every successful transaction. If you want to be our broker or company representative kindly contact us via email for more information.

This entry was posted in BANK GUARANTEES, Letters of Credit and tagged , , , , , , , , , , , .

TERMS AND PROCEDURES FOR BG, SBLC, DLC

Posted on Updated on

We are DIRECT providers of Bank Guarantees, SBLC, DLC, Letters of Credit, MTN, Usance LC etc.

Description of Instruments:

1. Instrument:              Bank Guarantee (BG) /StandBy Letter of Credit (SBLC)
2. Total Face Value:      Eur/USD 1Million (Min) to Eur/USD 5Billion (Max)
3. Issuing Bank:            Barclays Bank London, HSBC Bank London, Lloyds TSB, Deutsch Bank AG,  Frankfurt  or any AA Rated Bank.
4. Age:                        One Year and  One Day
5. Leasing Price:           4% of Face Value plus 2% brokers commission (only if there is a broker involved in the transaction)
6. Delivery:                   Bank-To-Bank Swift.
7. Payment:                  Wire Transfer
8. Hard Copy:                Bonded Courier within 7 banking days.

PROCEDURE:
1. Both parties (Lessor and Lessee) execute, sign and initiate the Deed of Agreement, which thereby automatically becomes a full commercial recourse contract.

2. Within 1 day after Both parties sign the Agreement, Lessor will issue a Notarized signed and sealed Corporate Refund Recourse Undertaking to the Lessee guarantying to refund Lessee all the cost incurred by lessee for the bank transmission charges (For swift MT760 BG/SBLC or Pre-advice MT799 or both as the case may be) after due execution of the contract.

3. Within 3 working days after Lessee receives Lessor’s signed and sealed Corporate Refund Recourse Undertaking, Lessee will make payment by wire transfer into the Lessor’s bank  account for the bank transmission charges for the BG/SBLC MT760 swift transmission or Pre-advice MT799 swift transmission or both.

4. Within Three (3) banking days after confirmation of receipt of payment of the bank transmission charges for the BG/SBLC MT760 swift in Lessor’s bank account, the Lessor will deliver the BG/SBLC via bank confirmation of swift BG/SBLC MT760 to the Lessee’s banker including the hard copy of the BG/SBLC via bank bonded courier in
Seven (7) banking days.

5. Lessee pays Lessor the leasing fee and the brokers their commission fees not later than 21 banking days after the BG/SBLC hard copy is received and confirmed at lessee’s bank. Should Lessee default to pay the leasing fees to the Lessor and the brokers commission fees as agreed after 21 banking days of confirmation of BG/SBLC MT760 in lessee’s bank account, Lessor will instruct the issuing bank to put a claim on the BG/SBLC thereby forcing the Lessee’s bankers to return the BG/SBLC MT760 to the issuing Bank.

6. Any unauthorized calls or communication to bank (s) by any party or their representatives  transaction is highly prohibited and can result to contract termination.
 
7. The bank transmission fee depends on the face value of the BG. Tell us the face value of your required BG / SBLC and we will tell you the cost. 
 
For more information please contact us by email…
 
 

This entry was posted in BANK GUARANTEES, Letters of Credit, project finance and tagged , , , , , , , , , , , , , , , , .

What is a (BG) Bank Guarantee?

Posted on

What is a Bank Guarantee (BG)?

The term “bank guarantee” has no precise definition, particularly in international law. Some use the term exclusively to describe a transaction in which one party makes an independent guarantee commitment in respect of another party’s liabilities, regardless of the latter’s form and enforceability. Others describe guarantees as all transactions in which security is offered; from letters of comfort (which often are morally binding at most) to surety bonds and abstract payment undertakings.

A Bank Guarantee can be described as a Letter of Guarantee issued by one bank to another bank to guarantee the performance of an obligation on the part of the applicant, guaranteeing the beneficiary.

A Bank Guarantee is where one Bank (the Issuing Bank) issues an indemnity to another Bank (the Beneficiary Bank) or directly to a Beneficiary, on behalf of its account holder. The Issuing Bank will expect its account holder to pledge ‘assets’ to the bank for its issue.

Bank Guarantee’s take many forms.

Some Guarantees are written to guarantee rental payments, some are written to guarantee payments upon the meeting of certain conditions. Some are even issued to guarantee loans and credit lines. All of them are written for a specific purpose to a specific party.

Each Bank Guarantee will be worded for the purposes it is intended. Some may be ‘callable upon demand’ or some may only be ‘callable’ when the Beneficiary provides notice of satisfaction of a pre-determined condition.

Currently, under the new Uniform Rules for Demand Guarantees (URDG 758) an underlying contract should be provided that states clearly the purpose of the Bank Guarantee and forms part of the Guarantee, for example a Rent Agreement or Payment Obligation.

In international trade dealings, buyers and sellers often experience problems of trust within each other to honor their payment obligations. A seller may find it difficult to ascertain the buyer’s willingness and ability to make payment, whilst the buyer may not be convinced that the seller genuinely intends to perform his side of the agreement or has the necessary financial and technical resources to do so. Just as the buyer needs protection against non-performance, so the seller will want to minimize or insure against the risk of non-payment. Documentary credits are generally used in such cases, yet various other forms of bank guarantees are available.

The common element in all these arrangements is that the guarantor undertakes to be answerable for the payment of a debt or the fulfillment of a payment obligation in the event of default by the party that is responsible for it.

DL Financial Limited are direct provider of bank Guarantees (BG), SBLC, DLC and All other types of Letters of Credit. We are legally registered Financial Firm with good reputation. We only work with Top Prime rated global banks.

We deliver with time and precision as set forth in the Deed of Agreement (DOA). All our customers can engage our leased bank instruments into trade programs, Business expansion projects, Aviation projects, Agricultural projects, Petroleum/Oil/Gas, Telecommunication, Construction Projects and any other turnkey project. Our terms and Conditions are reasonable.

DESCRIPTION OF INSTRUMENTS:

1. Instrument: Bank Guarantee (BG)/SBLC

2. Total Face Value: Eur/Usd 1M MIN and Eur/Usd 50B MAX).

3. Issuing Bank: HSBC, Barclays Bank, Standard Chartered, Citibank or AA rated Bank in Western Europe or USA.

4. Age: One Year, One Day

5. Leasing Price: 4% of Face Value plus 1% brokers commission (only if there is a broker involved in the transaction)

6. Delivery SWIFT TO SWIFT.

7. Payment: Wire Transfer.

8.. Hard Copy: Bonded Courier within 7 banking days.

All relevant information will be provided to any serious customer upon request.

Please forward all your inquiries & consultations to our contact details as follows:

 
Skype: dl.financials.limited

This entry was posted in BANK GUARANTEES, BG or SBLC, Letters of Credit and tagged , , , , , , , , , , , , , .