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 moment the customer fulfills all the problems as well as bank deems them in good shape for acquiring the credit, the bank issues them an SBLC and costs 1% to ten% of the full amount of money as an annual charge for so long as the standby letter of credit is legitimate.
This is especially important in eventualities necessitating belief, for example big-scale construction tasks or Worldwide trade agreements. By guaranteeing payment, SLOCs aid transactions and reduce danger for all associated get-togethers.
one. The Beneficiary and provider indicator the deal initiating the memorandum of understanding as well as letter of intent. This enters them into a contractual arrangement.
The only real verification necessary is definitely the legitimacy in the collateral, verified by direc interaction involving our bankers as well as issuing banks.
The texts are presented for reference and steering purposes only. The bank assumes standby letter of credit no duty for guests’ utilization of the web site of these guarantee texts. The texts are topic to Nordea's typical phrases for use of websites.
An SBLC doesn't have to become connected with the purchase of products or companies. It really is depending on a contractual agreement or other obligation and is particularly drawn upon with the beneficiary only when the applicant fails to satisfy the fundamental obligation.
Sure, WEE tends to make direct purposes to Leading AA rated banks on behalf of our shoppers and with our influence inside the banking earth, we stand as guarantors to guarantee clients functionality, earning SBLC issuance simple and straightforward.
Monetization of SBLCs is commonly Utilized in Intercontinental trade and finance to provide quick funding for initiatives, businesses, or investments.
How can you challenge an SBLC? The issuing of the SBLC is the only obligation of the issuing bank or SBLC provider, as well as the consumer has no direct involvement in the method.
Payment under a demand guarantee will rely on the wording and The principles it can be subject to, describing what has to be presented and when payment needs to be created. Normally, the entire process of reviewing a correct demand and creating the payment will take about 14 times.
At Helios , we can help clients recapitalise, refinance, consolidate their debt, finance new jobs by imploying our bespoke bilateral funding application, the place we raise credit improvement instruments to protected an bank guarantee provider agreed line of credit or funding arrange by way of our network of Lenders.
Often known as a backstop or possibly a protective standby, Counter SBLC is a variety of LC issued by a bank in a single region into a bank Overseas, inquiring them to difficulty a completely new standby LC for their local beneficiary.
Ownership of SBLC: To initiate the monetization procedure, an entity ought to own an SBLC. This can standby letter of credit be somebody or a business that holds an SBLC as Component of a trade transaction or fiscal arrangement.
Banks will likely not supply any Bank Guarantee (BG) right up until the funds are protected. Banks simply just will not get the job done totally free or inside the hope that after they supply a Bank Guarantee (BG) which the customer could pay them.