Standby Letter of Credit Services
Standby Letter of Credit (SBLC) Services
We arrange bank-issued SBLCs for trade and project contracts. If you do not have cash to post, we can raise or structure the collateral backstop — cash, securities pledge, assignments, or short-tenor debt — subject to underwriting and documentation. No hype. Just executable files with clear wording and credible issuers.
Credible Issuers We Route Through
Final selection depends on appetite, limits, and jurisdiction. We are not affiliated with these banks; availability is case-by-case.
BNP Paribas
Deutsche Bank
JPMorgan Chase
Citibank
State Bank of India
HDFC Bank
ICBC
Bank of China
Need Collateral? We Can Structure It
- Equity cash or T-bill deposit under pledge
- Securities pledge with agreed haircuts (custody control)
- Assignment of proceeds or offtaker receivables
- Short-tenor ABL/AR line to fund the margin
- Parent/JV guarantee and step-downs tied to milestones
- Applicant financials, leverage, and coverage
- Contract quality, beneficiary profile, and rule set
- Jurisdiction, currency, and tenor
- Collateral source, control agreements, and FX buffers
Procedure & Timeline
| Step | What We Do | Typical Timing |
|---|---|---|
| 1) Intake | Contract pack, beneficiary details, requested face, tenor, rule set. | 2–3 days |
| 2) Indicative terms | Route to issuers, confirm appetite; outline pricing, collateral ask. | 3–7 days |
| 3) Backstop capital (if needed) | Raise/structure margin via pledge, assignment, or ABL facility. | 1–3 weeks |
| 4) Draft text | Standby wording aligned to contract; ISP98 or UCP 600 on the face. | 3–5 days |
| 5) Credit approval | Bank underwriting, limits, collateral docs, facility agreements. | 1–2 weeks |
| 6) Issue & advise | MT760 issuance, MT767 amendments as needed; add confirmation if required. | 2–5 days |
Fastest path with collateral ready and limits in place: ~10–15 business days. With new backstop capital: ~3–6 weeks. Timing depends on file quality and bank calendars.
Fees
- Bank issuance/commitment: typically ~1.0%–3.0% per annum on face (billed per quarter).
- Confirmation (if added):~0.25%–2.0% p.a. equivalent, based on issuer, country, tenor.
- Flat charges: advising, amendments, SWIFT (MT760/767) usually USD 30–300 each.
- Financely mandate/retainer: USD 25,000–50,000, non-refundable, credited against success fees.
- Success fee: 0.5%–1.0% of face at issuance (case-by-case). Bank/legal costs separate.
Transactions We Cover
EPC, supply, and services contracts with milestone step-downs.
Refund of deposits until delivery and acceptance.
Backstop for invoices or offtake payments.
Short-tenor bid bonds for tenders.
Post-completion obligations and defects periods.
Standbys for PPAs, offtakes, and capacity agreements.
Start Your SBLC Request
Share the contract, face amount, tenor, and beneficiary details. If collateral is tight, tell us what you can pledge — we will map a backstop.
Contact UsSBLCs are issued by banks after their own credit approval, KYC/AML, and documentation under ISP98 or UCP 600. Issuer names are examples only; availability and terms vary by jurisdiction and credit. Financely acts as arranger; we are not a lender. Upfront “admin” fees to third-party escrow without bank approval are a red flag — we do not do that.
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.
Submit a RequestProject Finance
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.
Submit a RequestAcquisitions
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.
