What makes us so unique?
Bear Capital Ventures Limited is a Global Financing Provider that serves individuals, business owners, and corporations. We specialise in assisting individuals and businesses of all sizes in accessing global capital markets to secure the funding they require to expand and thrive.
Bear Capital Ventures Limited provides specialised trade finance, project finance, and advisory services to individuals, businesses and governments worldwide, including financial instruments such as (BG) Bank Guarantee and (SBLC) Standby Letter of Credit.
In addition to offering financial services, our mission is to collaborate with clients and businesses to create profitable enterprises. We are passionate about developing long-term connections, getting to know our customers, and helping to make a genuine difference in their lives and businesses.
The bank then starts off on the lookout in to the creditworthiness of the applicant and decides if the individual need to be credited Using the SBLC. The bank seems to be into the financial historical past in the applicant along with their credit experiences and scores.
The moment they signed the settlement and fork out the admin costs, We are going to block our bank Restrict to framework their BG; and mail the BG draft for the consumer for their evaluate. Also, We'll ask the shopper to deliver further more documents and spend the BG issuance expenses.
If you're a purchaser or contractor who needs Bank Guarantee & in the event you don’t wish to tie up your Doing the job money in one offer, then you can Speak to us.
The sole verification expected could be the legitimacy from the collateral, verified by way of direc interaction between our bankers and also the issuing banks.
Credible bank instruments ISSUED have become A lot more preferred in the world of finance, as bank guarantee provider they supply traders a singular chance to make set income money flows.
Undertaking Finance: Specialised financing remedies for profitable Global initiatives, ensuring purchasers have the funding required to bring their projects to existence.
This evaluation ordinarily entails verifying the authenticity of your SBLC and deciding its benefit determined by marketplace situations and various variables.
What are the collateral needs for a standby letter of credit? Banks normally choose hard cash or income equivalents as collateral for an SBLC thanks to their liquidity and ease of valuation. This tends to include cash inside of a cost savings account, Certificates of Deposit (CDs), or dollars market cash.
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If your bank suspects that the client will not be able to honor the LC, They might inquire For added collateral for being supplied. The dimensions from the collateral relies on the pitfalls in addition to the mother nature from the business enterprise.
As talked over earlier mentioned, SBLC just isn't really intended to be used and only functions as a safety towards default. It will come into action if the customer is not able to honor the settlement with the seller, the seller goes towards the bank and submits the proofs as outlined while in the SBLC.
SBLCs are issued by banks and act as a backup payment system, guaranteeing payment in case the client is not able to meet their payment obligations. Even though SBLCs are mainly useful for trade finance uses, they are also worthwhile assets that may be monetized to accessibility funds resources.
Direct Shell out SBLCs act as a stability inside the occasion of monetary instability bank guarantee provider in the applicant. A direct shell out standby is irrevocable.
In the event your responses to those inquiries are all from the affirmative, then it is achievable to monetize the lease SBLC. This can be completed either by offering it in its entirety or by retaining ownership of the SBLC when getting out a non-recourse bank loan.