Letters of Credit as a Service
 
 LC as a Service for B2B and B2G. We structure, issue, and manage performance and financial LCs with clean wording, issuer and confirmer lineups that counterparties accept, and usance options like UPAS or UPAU. From draft to SWIFT and through expiry, we keep payouts predictable and cash flow aligned.
 
   Who We Serve 
  -  * 
Corporates, OEMs, EPCs, and prime contractors
  
 -  * 
Tier-1 and Tier-2 suppliers under framework agreements
  
 -  * 
Utilities, SOEs, municipalities, transport and health agencies
  
 -  * 
Universities and public hospitals for leases and procurements
  
 
  
  
   B2B Use Cases 
  - Performance, warranty, and retention standbys for EPC and services
  
 - DLCs for shipment under sales contracts and framework releases
  
 - Usance 30–180 days with UPAS for sight payout to suppliers
  
 - Rental and lease standbys for equipment and real estate
  
 - Interconnection and utility security for industrial sites
  
 
  
  B2G Use Cases 
  - Bid/tender standbys and performance standbys on public contracts
  
 - Advance payment standbys with staged reduction or extend-or-pay
  
 - URDG 758 guarantees where government forms are mandated
  
 - Public lease and concession security, maintenance and warranty
  
 - Environmental and utility deposits where letters of credit are accepted
  
 
  
  
 Instruments and Rule Sets
 
   Performance LCs 
  - Standby LCs under ISP98 or UCP600
  
 - Demand guarantees under URDG 758 where required
  
 - Bid, performance, advance payment, warranty, and retention
  
 - Extend or pay language and simple demand certificates
  
 
  
  Financial LCs 
  - DLC MT700 sight or usance under UCP600
  
 - UPAS for sight payout with applicant repayment at maturity
  
 - UPAU where beneficiary is paid at usance maturity
  
 - Optional confirmation and assignment of proceeds
  
 
  
  
 What We Deliver
 
   Wording That Clears 
 Clear demand mechanics, stated expiry and place, workable business day rules, and a charges clause that matches the contract or RFP.
 
  
  Issuer & Confirmer Lineup 
 Issuers acceptable to the beneficiary with sanctions checks, advising bank setup, and confirmation by a first class bank when required for local payout certainty.
 
  
  Execution Control 
 Term sheets and fee letters, MT700 or MT760 issuance, controlled amendments, notice paths, and expiry monitoring to prevent lapses.
 
  
  Cash Flow Fit 
 Usance tenor matched to receivables and milestones, UPAS for supplier liquidity at sight, or UPAU where payment at maturity is acceptable.
 
  
  
 Controls For Counterparty Comfort
 
   Simple Demand Language 
 Short, precise certificates with no hidden conditions beyond the LC or standby wording.
 
  
  Dates & Place Of Presentation 
 Stated place, calendar clarity, and practical courier or electronic options where policy allows.
 
  
  Issuer Acceptance & Confirmation 
 Issuer names on acceptance lists and local confirmation when the beneficiary needs a domestic undertaking.
 
  
  Charges & Notices 
 Clear allocation of issuance, advising, confirmation, and courier costs, plus notice paths that prevent disputes.
 
  
  
 Operating Model
 
   Engagement 
 We scope the contract or RFP, agree rule set and wording, align the charges clause, and present issuer and confirmation options with pricing bands and estimated timelines.
 
  
  Compliance & Templates 
 KYC and AML, sanctions screening, corridor fit, and alignment with beneficiary templates or instructions including URDG or agency-specific forms.
 
  
  
 Process to Issuance
 
    - Share contract or RFP, beneficiary instructions or template, KYC, and financials.
  
 - Receive eligibility view, issuer and confirmer options, and fee letters.
  
 - Finalize wording, rule set, expiry, place of presentation, and charges.
  
 - Issue MT700 or MT760 and confirm effectiveness with the advising bank.
  
 - Manage amendments, notices, and extension events. Track expiry.
  
 - If called, present the stated demand or documents and arrange payout when compliant.
  
 
  
  
 Eligibility and Documents
 
   Baseline Profile 
  - Operating company or prime contractor with verifiable activity
  
 - Underlying contract, RFP award, lease, or utility requirement
  
 - Issuer and jurisdiction acceptable to the beneficiary
  
 - Reimbursement or security acceptable to the issuer
  
 
  
  Checklist to Start 
  - KYC, corporate documents, ownership table
  
 - Recent financials and bank statements
  
 - Draft LC or standby text with amount, tenor, rule set, and purpose
  
 - Beneficiary instructions and any required template or agency form
  
 
  
  
 Illustrative Pricing
 
 Issuance 0.30%–1.20% flat per 90 days by issuer and corridor. Confirmation 0.40%–1.70% flat where required. Document examination per schedule. UPAS discount margin priced over base for the usance period. Legal and courier costs apply. Final allocation follows the charges clause.
 
 Frequently Asked Questions
 
   When do public beneficiaries require URDG instead of ISP98? 
 Many public bodies publish URDG-based guarantee forms. We follow the mandated text and still secure a bank name the beneficiary accepts. If ISP98 is allowed, we recommend it for standbys.
 
  
  UPAS vs UPAU. What is the difference? 
 UPAS pays the beneficiary at sight while the applicant repays at maturity. UPAU pays the beneficiary at the usance maturity. UPAS improves supplier liquidity without changing the applicant’s tenor.
 
  
  Can you operate under framework agreements and rolling LCs? 
 Yes. We align issuance, amendments, and expiries to release schedules and milestones so coverage stays continuous without tying up excess capacity.
 
  
  
  Request LC as a Service
 
 Share your contract or RFP, beneficiary instructions, preferred wording, amount, tenor, KYC, and financials. We revert with eligibility, pricing bands, issuer and confirmation options, and a direct path to issuance and settlement for SBLCs, DLCs, and usance structures including UPAS or UPAU.
 
 Request Indicative Terms 
  
 Financely acts as advisor and arranger on a best efforts basis. We are not a bank. All mandates are subject to KYC and AML, sanctions screening, credit approval, legal documentation, counterparty capacity, and applicable laws. Nothing here is a commitment to lend or an offer of securities. Terms vary by bank names, jurisdictions, and documentary quality.