Documents are presented under UCP600. A nominated or confirming bank pays the supplier at sight. The issuing bank reimburses that paying bank at a set maturity. The importer settles with its bank at tenor. Charges and interest are handled per the LC.
Supplier receives sight funds after compliant presentation. Issuing bank reimburses at a future date. Buyer repays at 30–180 days per LC terms.
Time draft accepted by the issuing or confirming bank. Supplier can hold to maturity or discount the accepted draft at market.
Confirmation adds a second obligated payer. Useful for higher-risk issuers or to support without-recourse funding.
Assume LC face of 1,000,000, tenor of 120 days, UPAS interest at 6.5 percent per annum, optional confirmation fee of 0.75 percent flat, and processing of 0.20 percent. Time fraction equals 120 divided by 360 or 0.3333. UPAS interest equals 1,000,000 multiplied by 0.065 multiplied by 0.3333 which is about 21,667. Confirmation is 7,500. Processing is 2,000. Payout at sight is 1,000,000 less any supplier-allocated charges. The importer settles interest and fees per the LC charges clause at or before maturity.
A usance LC where the supplier is paid at sight and the issuing bank reimburses at a future maturity stated in the LC. Interest for deferment is allocated per the charges clause.
The LC defines this. Many structures place the cost on the applicant, but other allocations work if they are reflected in the contract and LC text.
Not always. Confirmation can broaden bank appetite and enable without-recourse funding, subject to bank and country risk and wording quality.
Yes. Where a nominated or confirming bank pays at sight, discounting can be integrated or priced alongside UPAS when documents are compliant and controls are agreed.
Share the draft LC wording, SWIFT formats, contract or PO, shipment plan, bank names, and KYC. We will confirm eligibility, align terms, and issue indicative pricing.
Request Indicative TermsFinancely acts as advisor and arranger on a best-efforts basis. All transactions are subject to KYC and AML, sanctions screening, document compliance, and approvals by counterparties. Nothing here is a commitment to lend or an offer of securities. Terms depend on bank names, jurisdiction, tenor, and documentary quality.
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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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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.
Financely advises growth-focused businesses on accessing capital by introducing their opportunities to professional investors. Financely is not a securities broker or dealer. Where appropriate, engagements are coordinated with regulated broker-dealers, investment banks, legal counsel, and other specialists.
Financely does not solicit, offer, or accept orders to buy or sell securities and makes no assurance regarding capital-raising outcomes.
Services are strictly business-to-business. Financely does not provide personal finance, consumer credit, or retail advisory services.
Advisory services are reserved for post-revenue companies that recognize the time and resources required for professional underwriting.
All mandates start with an RFQ. We review submissions, issue a brief Go/No-Go memo, and where bankable, release a Term Sheet that leads to funding. We arrange capital across Senior Secured, Unitranche, Second Lien/Mezzanine, Preferred Equity, and Gap Solutions. We do not process deals by email or chat.
Letters of Credit, Standby LCs, Confirmations, Receivables Finance, and Inventory Lines with control.
Funding arranged for trade flows with instruments sized to your cycle and aligned to delivery and settlement.
Move forward to secure working capital and keep goods moving. Submit the RFQ to start underwriting for funding.
Limited or non-recourse structures for energy and infrastructure with lender-ready materials.
Funding solutions aligned to project cash flows with credible covenants and conditions to reach notice to proceed.
Advance the file to termable status. Submit the RFQ so we can underwrite and secure funding.
Debt and Preferred solutions anchored on cash flow, Quality of Earnings, and clear closing mechanics.
Funding across senior, unitranche, and preferred to match stable cash flows and acquisition timelines.
Get financed on workable terms for closing. Submit the RFQ to start underwriting.
Acquisition, development, bridge, and refinance with lender-ready packs and third-party reports managed.
Funding calibrated to DSCR, leverage, and tenancy with terms designed to close.
Move to a financeable package. Submit the RFQ to initiate underwriting for funding.
KYC and Source of Funds required. Engagements are best-efforts and subject to underwriting. Preference for operating companies with meaningful revenue. See our FAQ and Procedure.
Financely Inc. (“Financely”) provides corporate-finance advice and is wholly owned by Aurora Bay Trust, a trust formed under Bahamian law, together with its authorized affiliates. Depending on deal structure, jurisdiction, and local rules, engagement may be carried out through Financely Group LLC, a non-deposit-taking non-banking financial company; Ashford Capital Advisory LLC; or another related entity. Financely and its affiliates are not registered as securities broker-dealers. When a mandate involves the purchase or sale of securities and a registered intermediary is required, all orders are introduced to and executed by a U.S. broker-dealer registered with the SEC and FINRA, acting as “chaperone” under SEC Rule 15a-6 (17 C.F.R. § 240.15a-6). Nothing here constitutes an offer, solicitation, or recommendation to buy or sell any security. Before proceeding, read our Terms of Service to confirm that engaging Financely Group LLC, Ashford Capital Advisory LLC, or any affiliate aligns with your legal and regulatory requirements.In the United States, we operate as an
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