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What we do

Standby Letter of Credit

A guarantee issued by a bank or a financial institution to pay a beneficiary on a client’s behalf in a situation where the applicant defaults, is known as a standby letter of credit. This was developed as a consequence of legal limitation put by the Hong Kong regulator on the bank’s authority for issuing guarantees.

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Bank Guarantee

A promise made by the bank for meeting the liabilities of a debtor when a person fails to fulfill his contractual obligations. There are two types of bank guarantees — Direct or indirect: A direct guarantee is one where a bank is asked to provide a guarantee by its account holder, in favour of the beneficiary.

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Non Recourse Loan

We are currently offering a Non-Recourse Loan against a Bank Guarantee (BG/SBLC) as collateral with our Monetization Program. The Program allows you to generate Investments Funds which can be used for trade finance, constructions, credit enhancement, government funding, property investment and all round range of funding.

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