Keep Your Cash Flow Intact While Securing Major Deals

Fund Your Standby Letter of Credit Without Using Your Cash

Do you need a Standby Letter of Credit but don’t want to tie up your working capital?



We provide businesses with the liquidity they need to secure SLOCs. Each transaction is tailored to your unique circumstances, ensuring you get the financial flexibility to grow. Whether it’s winning contracts, entering new markets, or building credibility, our solutions make it easier to succeed.


Free up your resources and focus on growing your business.

Request An Estimate
Frequently Asked Questions

What is a Standby Letter of Credit (SLOC)?

A Standby Letter of Credit (SLOC) is a financial guarantee issued by a bank to ensure the beneficiary receives payment if the applicant fails to meet their contractual obligations. SLOCs are governed by rules like ISP98 (International Standby Practices 1998).

How does Financely help with SLOC funding?

We provide liquidity solutions for businesses needing to secure SLOCs without tying up their cash. We evaluate each deal on its own merits, ensuring your transactions are backed with the right funding. We also facilitate bank introductions and provide guidance on the process.

What types of SLOCs can Financely facilitate?

We can facilitate both performance and financial Standby Letters of Credit. Performance SLOCs guarantee contract completion, while financial SLOCs ensure payment obligations are met.

What information is required to evaluate a deal?

To evaluate your SLOC requirements, we typically need:

  • A draft of the SLOC you require
  • Details about the transaction or contract
  • Financial statements of the applicant
  • Information about the beneficiary
  • Duration and amount of the SLOC
  • Purpose and risk profile of the transaction

What is ISP98, and why is it important?

ISP98 (International Standby Practices 1998) is a widely used set of guidelines for standby letters of credit. It ensures consistency and clarity in drafting and executing SLOCs, providing a standardized framework for global transactions.

Can Financely assist with bank introductions?

Yes, we can introduce you to reputable banks that issue Standby Letters of Credit. We work with global financial institutions to ensure you have access to reliable services.

How do I get started with Financely?

To get started, request a proposal through our platform. Submit the necessary details about your SLOC requirements, and we’ll evaluate your request and provide a quote. Click here to request a quote now.