Letter of Credit Services for Small and Medium-Sized Enterprises
Letter of Credit Services for Small and Medium-Sized Enterprises
What We Arrange
- Commercial letters of credit under the Uniform Customs and Practice for Documentary Credits, publication number 600.
- Standby letters of credit for payment or performance under the International Standby Practices, publication number 98.
- Demand guarantees under the Uniform Rules for Demand Guarantees, publication number 758, when a guarantee fits better than a standby letter of credit.
- Issuer selection based on the buyer relationship and country limits.
- Confirmation or silent confirmation when issuer or country risk requires it.
- Clear reimbursement paths and value dates so funds arrive without delays.
- Field-by-field draft wording with shipment windows, tolerances, and presentation periods.
- Document templates for invoices, transport documents, insurance, and certificates.
- Discrepancy prevention and a straightforward checklist for your team and counterparties.
Who This Helps
- Exporters that want payment at sight on compliant documents.
- Importers that need a workable usance or a split between sight payment to the seller and deferred payment by the buyer.
- Project and equipment suppliers that need a clean standby letter of credit or a demand guarantee for performance or advance payments.
How the Process Runs
- Scope and checks. We confirm the commercial terms, International Commercial Terms, shipment plan, and insurance, and we complete know-your-customer and sanctions checks on all parties.
- Wording. We draft the instrument in full, set shipment timing, presentation rules, and original document counts, and align the language with the contract.
- Bank route. We propose issuing banks that can approve the file and we place confirmation when the seller needs payment certainty.
- Reimbursement and settlement. We decide on direct payment or a reimbursing bank, and we map authenticated bank-to-bank messages over the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network.
- Presentation support. We give your team document templates, review drafts before the shipment, and fix issues before they become discrepancies.
- Closing and first draw. We manage conditions precedent, amendments, and acceptance tracking, and we remain on the file for sixty days after funding to make sure settlement works as planned.
What You Receive
- A complete bank-ready wording pack with a checklist for documents and timelines.
- A shortlist of issuing and confirming banks with expected fees and timing.
- A reimbursement map and a plan for authenticated messages between banks.
- A simple weekly status report until first draw is completed.
Pricing
Eligibility
- A real trade with a verifiable purchase order or sales contract and a clear shipment plan.
- Company directors available for know-your-customer checks with full corporate documents.
- Willingness to assign proceeds and accept sensible controls that protect all parties.
- No cryptocurrency dealings and no paper trading. Clean sanctions screening for every party involved.
Ready to set up your letter of credit
Share your purchase order or sales contract, your shipment plan, and your target tenor. We will confirm the route, expected fees, and next steps.
Request a Term SheetThis page is for corporate users. Nothing here is a commitment to lend or a promise to issue an instrument. All services are subject to know-your-customer checks, anti-money laundering controls, sanctions screening, and bank approvals.
Get Started With Us
Submit Your Deal & Receive a Proposal Within 1-3 Working Days
Submit your deal using our secure intake form, and receive a quote within 1-3 business days. Existing clients can connect with their relationship manager through our secure web portal.
All submissions are
promptly reviewed, and all communications are conducted through the intake form or the client portal for a seamless and secure process.
Thank you for considering working with us. A nominal fee of US$500 is required upon completion of each form. This fee covers the time and effort we invest in reviewing your submission and crafting a thorough proposal. We receive numerous inquiries and prioritize those that carry this fee, ensuring serious applicants receive prompt attention.
Trade Finance
Tap into solutions like letters of credit, bank guarantees, and payment facilitation. We address the challenge of global transaction risk through structured strategies that foster cross-border growth. Complete the form to unlock streamlined funding aligned with your commercial objectives.
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Access non-recourse funding for infrastructure, renewable energy, or other capital-intensive ventures. We mitigate capital constraints by isolating project assets and focusing on risk management. Provide your details to receive a structure that drives growth and maximizes returns.
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Secure financing for business or real estate acquisitions. We ease transaction hurdles by reviewing cash flow, synergy opportunities, and exit plans. Complete the form for a customized proposal that supports your strategic investment objectives.
Submit a RequestFor Banks
Financely assists banks facing Basel III pressures by distributing trade finance deals and providing collateral for letters of credit. We reduce capital burdens while preserving client relationships and fostering service expansion. Submit your request to optimize your trade finance offerings.
Submit a RequestOnce we receive your submission, our team will review your information to determine feasibility. If eligible, you will receive a proposal or term sheet within 1–3 business days. Visit our FAQ and Procedure pages for more information.
Disclaimer: Financely provides financing based on due diligence and feasibility. Approval is not guaranteed, and past performance does not predict future outcomes. All terms are subject to review. Financely primarily assists with structuring and distribution. Qualified parties carry out the project if the client approves the proposal.
