Leased Standby Letter Of Credit
We assist clients using the right payment instruments to facilitate oil & gas purchases.
SBLC For Oil & Gas Joint Venture
For clients seeking credit enhancement or additional collateral to gain access to credit facilities for oil & gas projects, we facilitate the issuance of (SBLC).
SBLC For Real Estate Financing
We provide international financing for the acquisition of stabilized and transitional properties across the world. As well as SBLC monetization program.
Leased SBLC For Trade Finance
We offer three types of Commodity Trade Finance including transactional financing, borrowing base financing, and performance risk financing.
SBLC For Logistics Sector
We are experts at handling the issuance of SBLC and we have successfully done it many times over. Corporations, Airline Operators, commercial airplane purchases, etc.
BAYROCK SERVICES, LTD
Why Chose Us
We are always aligned with our customers around their business interests, and we can maintain lasting relationships with them that extend far beyond the issuance of a Standby Letter of Credit process. We’re here to help make it a reality with oil & gas infrastructure loans.
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LEASED SBLC
Bayrock Services Ltd is committed to supporting projects that create a cleaner environment and, a better place for all of us to live.
SBLC OR BG LEASE OFFER
Are you in search of a trustworthy provider to lease a Standby Letter of Credit (SBLC)? Your search ends here. We specialize in the issuance and monetization of SBLCs, having successfully facilitated numerous transactions. Our services have been utilized by banks, corporations, airline operators, investment bankers, energy companies, project owners, miners, oil and gas companies (both upstream and downstream), and commodity traders to effectively secure SBLCs.
Since leasing SBLC is a complicated process, you need to follow our procedure unconditionally to attain success, provided you are financially capable to transact and possess the correct business credentials. You also must have a credible reason—e.g., a bankable project or an ongoing trade deal—to lease such financial instruments. We’re supported by some well-established and wealthy corporations, institutions, and ultra-high-net-worth individuals in the United States of America and Europe who act as our providers.
• Mt-799 Pre-advice Included with SBLC & Delivery.
• Low Leasing Rate of 8+2 (10% Total)
• No personal or corporate credit checks.
• DOA normally signs within 2 days of being returned.
• Simple Delivery Mt-760 directs to the receiving bank.
• Up to 2% commission paid to brokers.
• All Standby Letter of Credit (SBLC) is Fresh Cut specifically for each client.
The Leased SBLC Program utilizes Standby Letters of Credit that are issued by a respected Top 25 World Bank because of the financial strengths of that organization, as well as the fact that they are financially stable, highly respected, and internationally recognized.
The Standby Letters of Credit we provide in this program have been pre-approved by our provider/partners for prompt and efficient Delivery, Authentication, and Verification to designated Client Accounts. We solely use Tested, Proven, Highly Credible and Well-Established service providers to issue Standby Letters of Credit.
Our partners are high net worth corporations who hold bank accounts at the issuing bank that contain significant cash sums assets.
SBLC For Airlines Industry
WHY DEMONSTRATING PROOF OF FUNDS IS ESSENTIAL!
Clients seeking to lease an SBLC are required to present proof of funds as a performance guarantee. Without proof of funds, the SBLC will not be issued.
The Importance of Providing Proof of Funds.
1. The leading 25 banks globally will only issue a standby letter of credit if the lessee presents a performance guarantee. This guarantee ensures that once the SBLC is delivered to the client bank, the lessee will promptly fulfill all payment obligations as outlined in the Deed of Agreement (DOA).
2. All banks now mandate that clients provide proof of funds before initiating an SBLC transaction. Numerous banks have faced losses from unsuccessful SBLC transactions due to clients who were unwilling to demonstrate their financial capability or complete a valid SBLC transaction.
The significant number of unsuccessful SBLC transactions due to clients failing to present proof of funds has prompted most banks and financial institutions to mandate the submission of proof of funds prior to the issuance of an SBLC.
3. If it were possible for a client to secure a standby letter of credit (SBLC) worth $100 million or $200 million without any financial obligation, then anyone in the world could issue an SBLC. There needs to be a reasonable limit in place to prevent such unrealistic expectations and misconceptions. The idea of acquiring an SBLC without offering any form of performance guarantee or proof of funds (POF) is simply unrealistic. In reality, it is impossible to obtain a financial instrument without demonstrating POF to the provider.
4. There has been a significant increase in fraudulent activities involving proof of funds and bank statements. Bayrock Services Ltd. believes that if a client is unable to present proof of funds to an independent trustee after all parties have signed the necessary documents, and the lessee asserts they have adequate funds to secure a $50 million standby letter of credit, it is likely that the client is not genuine and lacks the financial capacity to acquire an SBLC from any bank or financial institution.
What is a Good Faith Deposit?
A good faith deposit, commonly referred to as earnest money, is the amount of money that the lessee submits with their offer when they cannot provide proof of funds (POF) through a Swift MT799 to the lessor’s bank. This deposit serves to demonstrate the lessee’s commitment to making a serious offer. Rather than being sent directly to the lessor, the funds are held in an escrow account and act as a guarantee for payment.
Will the SBLC provider consider any offer that does not include earnest money?
The lessee must agree to provide either a promissory note or a proof of funds (POF) issued through MT799 for this to proceed. Consider the situation from the provider’s viewpoint. By agreeing to a signed contract, the provider assumes a risk; if the transaction fails, they could face financial setbacks due to extra SBLC transmission fees, insurance costs, and taxes.
It’s important to note that your good faith deposit, or Proof of Funds (POF), reassures the provider of your commitment to finalize the leasing process of the instrument upon their acceptance of your request.
Can Banks or Financial Institution Issue SBLC Without Upfront Payment?
The lessee is not obligated to pay the SBLC lease deposits and insurance fees in advance to an independent trustee or escrow company, provided they submit a Proof of Funds (POF) and a promissory note.
Numerous companies and service providers assert that they can offer Standby Letters of Credit (SBLC) without requiring a payment guarantee. However, experts label this notion as a misconception, emphasizing that an SBLC cannot exist without a payment guarantee due to the inherent risks involved.
The unfortunate truth within the financial sector is that many individuals are misled by the false narrative that SBLCs and Bank Guarantees (BG) can be acquired without a performance guarantee. In reality, it is impossible to obtain a leased SBLC at no cost, and this will remain the case. All banks, particularly leading global institutions, impose fees for the issuance and delivery of SBLCs to their clients. Financial institutions do not operate without compensation and will not transfer assets valued in the millions to a foreign receiving bank without assurance of payment. Instead, a promissory note is utilized as a payment guarantee, allowing the issuing bank to process and deliver the financial instrument.
Can Banks / Financial Institution Issue SBLC Without Upfront Payment?
The lessee is not obligated to pay the SBLC lease deposits and insurance fees in advance to an independent trustee or escrow company, provided they submit a Proof of Funds (POF) and a promissory note.
Many companies and service providers claim that they do provide SBLC without upfront payment. However, experts call it a myth and say that there can be no SBLC without any upfront payment because the risk is too high.
The Sad Reality of the financial industry is full of people who believe the fairy tale that SBLC and BG can be obtained with no money placed as a performance guarantee. The opposite is true, no one has been able to procure a leased SBLC for free and never will be. All Banks especially World Top banks charge fees to issue and deliver SBLC to their Clients. Banks don’t work for free and will never deliver assets worth millions of dollars to a receiving bank in a different country for free and then hope the client pays the service charges later. Instead, the service charge is set aside in an escrow account and used as a payment guarantee to enable the issuing bank to process and deliver the instrument.
NOTE
If you want to complete a legitimate SBLC lease transaction you must be prepared to put down a Good Faith Deposit with an Independent Trustee or Escrow company that will act in the interest of both the lessee and the provider.
PROJECT FUNDING
“There aren’t many lenders offering start-up project funding. This is because it carries a risk to the lenders. To get a project financed there can be limited options available. Shovel ready projects can raise initial funds through a letter of credit from a top provider, venture capital firms, private equity firms, joint ventures, and straightforward debt funding to name but a few methods”
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We are Bayrock Services Limited, a professionally managed, responsible, and ethical company, determined to be widely recognized for our bespoke financial services specially designed for your Bank Guarantee (BG) and Standby Letter of credit (SBLC) lease.
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