SBLC Leasing & Monetization Term Sheet
SBLC Leasing And Monetization Term Sheet
Two Stage Structure
How The Monetization Process Works
SBLC Issuance
A regulated bank issues an SBLC under ISP98 or UCP 600. It is linked to named contracts. The borrower signs a reimbursement agreement, posts a cash margin, and pledges receivables and contracts. The SBLC is now valid credit enhancement but is not monetized directly.
Collateral Assignment
Contracts, receivables, and inventory are scheduled, assigned, and perfected. Assignment notices are sent to buyers. Collections are directed into a controlled account. A negative pledge confirms no other use of the same assets.
Monetization Through ABL
An asset-based lending facility advances against the pledged assets. Advance rates are sixty to eighty percent on receivables and forty to sixty percent on inventory. The SBLC improves confidence and allows higher borrowing but does not replace collateral.
Double Pledge Protections
All pledges are perfected by public filings. Receivables are assigned with notice. Collections are routed through a single blocked account. An intercreditor agreement defines rights between the issuing bank and the monetization lender. Borrower certificates confirm no duplicate pledges each month.
Pricing Structure
Compliance And Restrictions
- The SBLC must be issued by a regulated bank with a verifiable SWIFT address.
- Unregulated providers and so called leased instruments are not accepted.
- Upfront payments are limited to documented bank fees and agreed retainers.
- Full due diligence, know your customer checks, anti money laundering, and sanctions screening are required.
Request An SBLC Leasing And Monetization Proposal
Provide the draft SBLC, the list of contracts, receivable aging, and inventory controls. We will respond with lender routes, advance rates, reserves, and documentation requirements.
Start Your Monetization MandateThis term sheet is indicative and non binding. The Standby Letter of Credit is credit enhancement support only. Monetization requires a separate asset based lending facility against receivables, contracts, and pledged assets. The SBLC alone cannot be monetized. Financely acts as an arranger and underwriter, not as a direct issuer or lender. All facilities are subject to due diligence, credit approval, and legal documentation.
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