Bank Guarantee financing
What Are The Uses of a Bank Guarantee (BG) or SBLC?
What can a SBLC be used for? SBLC’s (and BG’s) can be used to enhance your ability to apply for a line of credit with your bank; in other words, it can be used as collateral when your bank is asking for additional comfort when you ask them to fund your project. We can help you acquire an SBLC.
The SBLC’s we deal in are genuinely 100% cash-backed and therefore usable as collateral. Our issuers only use top 25 World Banks – mainly from Europe like HSBC, Deutsche, UBS etc. This guarantees world wide acceptance of your SBLC.
These SBLC’s are generated by “someone” blocking their funds on your behalf, so we speak of a “leased” SBLC. In other words the SBLC is owned by the issuer and you are the beneficiary.
The SBLC is generally issued for 1 year and 1 day, but can easily be extended up to 5 years. (It is possible to get an SBLC for only 6 months). Once issued the SBLC is transferred to your bank via the Swift protocol of MT760.
Of course, Leasing of an SBLC comes at a cost. And to be very honest: at a high cost. Financing your project by using an SBLC is very expensive. First you need to pay money to the issuer of the SBLC plus commission to the consultants facilitating the process, Then you need to give the SBLC to your bank, who are providing a Line of Credit against the SBLC, which may only be up to 90% LTV or less. And usually, your bank will charge a one off fee to ‘monetise’ the instrument and also charge interest on the drawn down loan amount.
To successfully apply for an SBLC you need to be aware of four vital points:
a) You need to have a good project
b) You need to have a bank funding your project based on the supporting collateral of an issued SBLC
c) You need to have the money to pay for the leasing of the SBLC, you may also need to pay brokers if they are involved in the transaction.
d) You need to have a believable and realistic exit strategy to repay the loan and return the SBLC at the end of the term
All the SBLC’s we deal with are callable, assignable, fully transferable and lienable.
If you are thinking of using an SBLC to participate in a High Yield Trade Program, we are more than happy to assist you in acquiring the SBLC and placing it into trade.
However, you need to be very sure you are able to pay the leasing fees of the SBLC before issue, as most providers will not allow the instrument to be taken into a Trade Program unless and until the fee is paid. You cannot pay the lease fee from the program returns.
It is also not possible to use an SBLC to secure a commodity trade and pay for the SBLC out of the profits from the transaction. When paid for and used correctly, these instruments provide numerous lucrative options. we can provide BG’s, SBLC’s and CD’s, which can be blocked or delivered via SWIFT.
Typical projects we have had successful applications for are:
– Resorts -Building or Upgrading
– Growing a Company
– Trade Programs
Projects Funding and Joint Venture
Projects Funding and Joint Venture
The below classification of services we can provide to your business needs in accordance to your expectations:
1. Project Funding Loan of your project if you rwa participate in your project with 20% of capital on your side and we can offer sources for funding of your project with borrowed funds from our banks partners and private loans. We able find a solutions for your business and fund your project up to 80% of capital needed for your project. We can offer for your business project funding via debenture loans, private loans, banking instruments or project funding via PPP trading with high return on investments, with profit participation in your project.
2. Project Funding via PPP trading with high return on investments, with profit participation in your project. Requirement for participating in project funding via PPP is liquid capital 20% of face value of your project. The capital will be used to obtain a credit facility through our bank partners and platform. Finally funds will be multiple in trading x10-15 times more than initial investments and will be arranged for trading with high net return on initial investments. The profit will be paid weekly to bank of investors after that can invest funds in project.
3. Project Funding via Joint Venture (JV) time to time we receiving unique, even genius business projects needed funding. Very often we send our proposals with new projects to our clients and partners with possibility participate in projects via Joint Venture with our firm.
We only offer projects where our company ready participate with our self capital not less than 50% of each project. If you wish our company, our clients, partners to be partner in your genius project in Joint Venture please fill the form below and send to us your files.
Highlights
- We will consider financing projects in many countries worldwide; including the UK, Europe, Africa, Asia and North and South America.
- Minimum requirements of $5 million considered, whilst funding in excess of $50 million is preferred. Maximum has no effective limit with major projects being of particular interest.
- Up to 85% of GDC (Gross Development Costs) for acquisition and construction. In some special cases 100% finance can be provided.
- Maximum 75% of GDV (Gross Development Value)
- Loan solutions preferred. Capital and interest moratorium (roll up) can be accommodated.
- Sectors include: Property Development (office, retail, infrastructure, industrial, residential, resorts, etc), Renewable Energy, Waste to Energy and metal Mining.
- Facilities available in most major currencies.
- Our facilities are not just limited to acquisition and construction. Refinancing, working capital, as well as refurbishment or conversion can be considered.
- Brokers protected.
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project finance |
Listed below is the information we will require to get your project funded. Some information may be applicable to your project and some not. Please provide as much relevant information so we can help you get funded:
o Business Plan |
Getting Your Projects Funded, Project funders, project financers
What is a Bank Guarantee?- Understanding BG and its uses
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:
DL Financial are NOT Brokers! We Are Direct Providers of Loan, BG, SBLC, DLC & Project Funding
We are NOT Brokers! DL Financial Limited are Direct Genuine Bank Guarantee Issuers, monetizers and discounters.
Direct means….. There is no Broker between us and the you the customer, we have open direct unrestricted access to the most reputable prime Bank Guarantee and SBLC issuing banks in the world.
DL Financial has forged close committed, long term relationships with large wholesale service providers, BG Issuers and Monetizers who want to focus on transacting deals not running a retail store front and dealing with a wide cross section of difficult, demanding and often uninformed customers.
So DL Financial has became the central focus, we now handle all client liason, we prepare, arrange, issue and in most cases draft all the BG Issuing and BG Funding contracts.
We deliver the front end, our wholesale suppliers deliver the back end. It is the perfect partnership and synergy, each focusing our time and attention on our core strengths and being able to smoothly and efficiently close client deals.
There is no Broker Joker BS with us, our motivation is to work with clients and get the deal closed. There are no Broker Games, No Middle Men, No one that stands between us, the customer and the issuing banks.
We are pure and simple the Agreement Issuers and the Dealmakers for the Entire Process!
We happily pay all brokers who refer business to us but we are not brokers ourselves. So when your tired of 9000 Brokers and 1000 Scammers and you want to get something real completed, email us immediately. We look forward to being of service to you.
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.
MT799 Payment Guarantee – From Funder to BG Owner
DL Financial MT799 Payment Guarantee – Funder to BG Owner Message Text Template.
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.
Top 5 Credit Cards For the Super Rich ONLY
For people of average wealth, credit cards are ways to get by when money is tight, make additional purchases or to earn generic rewards. Credit cards give the super-rich power, incredible perks and help them further fund their extravagant lifestyles. Many of these exclusive credit cards come only through invitation or by achieving specific benchmarks.
1. American Express Centurion Card
The American Express Centurion Card is the most exclusive credit card in the world and is commonly known as the original black card. Launched in 1999, American Express has kept it in a shroud of uncertainty, giving it a very high level of status in the minds of consumers. The company won’t release the full details of the card or how one can become a cardholder, but a few criteria have been leaked.
Before even applying to own this card, a person has to be an American Express Platinum cardholder for at least one year. The cardholder must charge at least $250,000 on the Platinum card in one calendar year. Then, if a cardholder is lucky enough to be invited to apply for an American Express Centurion Card, she will need to pay an initial fee of $5,000 and an annual fee of $2,500.
With these criteria and fees come some very nice perks. The American Express Centurion Card provides access to a 24-hour concierge service, flight upgrades, complementary hotel rooms, personal shoppers and the ability to close a retail store for personal shopping.
2. JP Morgan Chase Palladium Card
The JP Morgan Chase Palladium credit card is made of laser-etched palladium and gold, and it is reserved for consumers who have a relationship with JP Morgan’s private bank, wealth management or investment bank. Unlike the American Express Centurion Card, this card has an annual fee of only $595 and has no prior spending requirement.
The JP Morgan Chase Palladium card offers its cardholders a very high rewards program. Each dollar that a cardholder spends on travel results in two points toward the card’s reward benefits. Cardholders also receive a 35,000 point bonus after spending $100,000.
3. Dubai First Royal MasterCard
The Dubai First Royal MasterCard is trimmed in gold, with a .235-carat diamond in the center of the card. Consumers must receive an invitation from Dubai First to become cardholders.
The card comes with some amazing perks. Cardholders have access to a team of 24/7 lifestyle managers whose sole purpose is to meet the cardholders’ every request. Additionally, the card has no credit limit and zero restrictions, allowing cardholders to spend as much as they want.
4. Stratus Rewards Visa Card
The Stratus Rewards Visa is a card that tries to differentiate itself from other elite cards, even down to its color. The bright white card is available to high-net-worth individuals (HNWIs) only through invitation. However, these individuals can pool their rewards points together to use toward private jets and other perks, an option exclusive to this card.
These other perks include personal concierge services, discounted charter flights, car services, upgrades at luxury hotels, merchandise discounts and consultations with lifestyle experts. The card has a $1,500 annual fee.
5. Coutts World Silk Card
Queen Elizabeth II uses the Coutts World Silk Card, as do least 100 other people who have $1 million or more in a Coutts account. Known as England’s most exclusive credit card, the Coutts World Silk Card comes with a 24/7 concierge service, access to exclusive airport lounges and private shopping at designer stores. However, the credit card has an extremely high annual percentage yield of 49.1%, prompting cardholders to pay off balances quickly.
We Are Providers of Loan, bank guarantees & SBLC (https://dlfinancial.wordpress.com)
Financial Instruments- International Structured Trade Finance
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MT 103/23????
A standard SWIFT MT103 (Single Customer Credit Transfer) is a general use message of a TT payment instruction which is an unconditional payment.
I would like to confirm that there is no MT103/23 Conditional, but MT103 (usually with Field 23B – bank operation – mandatory codeword CRED), Field 23E – Instruction Code – is where the remitting bank (at the request of the remitter) puts in instructions code instructing the beneficiary’s bank how to effect the payment.
MT 103 in Field 23E specifies an instruction which must contain barely one of the following SWIFT – STP (Straight Through Processing)– Optional/Conditional – just four digits SWIFT -STP accepted codeword:
SDVA: Payment must be executed with same day value to the beneficiary.
INTC: The payment is an intra-company payment, i.e., a payment between two companies belonging to the same group.
REPA: Payment has a related e-Payments reference.
CORT Payment is made in settlement of a trade, e.g., foreign exchange deal, securities transaction.
BONL: Payment is to be made to the beneficiary customer only.
HOLD: Beneficiary customer/claimant will call; pay upon identification.
CHQB: Pay beneficiary customer only by cheque. The optional account number line in field 59 must not be used.
PHOB: Please advise/contact beneficiary/claimant by phone.
TELB: Please advise/contact beneficiary/claimant by the most efficient means of telecommunication.
PHON: Please advise account with institution by phone.
TELE: Please advise account with institution by the most efficient means of telecommunication.
PHOI: Please advise the intermediary institution by phone.
TELI: Please advise the intermediary institution by the most efficient means of telecommunication
…. A so called “MT103/23 conditional payment” is a format which would not be recognized by banks.
You cannot send an MT103 with a condition that the beneficiary’s bank must receive, say presentation – evidencing of certain advisable documents detailed in Field 23E – from the beneficiary before crediting his account.
Such any other message (except merely SWIFT – STP four digits codes) stated by Field 23E will be rejected by the remitting bank, and if sent in Field 23 (which allows for only a few standard codes described above) will be rejected and ignored by the beneficiary’s bank who will credit the beneficiary’s account anyway.
It must be understood that other such messages are not governed by any ICC or SWIFT – STP provisions, and the manual intervention required under the “CONDITIONAL PAYMENT” flag would affect the “Straight Through Processing” (STP) function of the SWIFT MT103 message.
It is unlikely that the – SWIFT payment department – of a bank would wish to involve itself in an area for which it is not qualified, in determining the integrity of the underlying documents, and thereby lift the condition to pay the recipient.
Now for those who request a MT 103/23 , send it to me and see if it works! stop the madness already! Its not easy educating uninformed customers.
DL Financial Ltd. 