SBLC, BG and POF
There are many worthwhile projects with enthusiastic innovators who need funding. A SBLC, POF or BG can help a business get additional financing for technology, real estate, high cost machinery, or construction by showing that there is money to cover the transaction.
They can also be used for the following, among many others:
Petroleum / Commodities Transactions
Credit Enhancement / Balance Sheet Enhancement
Trade Platform – PPP
Show Proof of Capability to Enter Larger Investment Opportunities
Obtain Loans and Funding for Business or Projects
Serve as Proof of Financial Capability for Real Estate Transactions
Serve as Blocked Collateral Via SWIFT MT 760 / MT 799
What is a Proof of Funds? 
A POF (proof of funds) is a document that shows that an individual or some other entity like a corporation or LLC has the ability and money available to use for a particular transaction.
The Proof of Funds normally comes in the form of a bank, custody or security statement.
The purpose of the POF is to ensure that the funds required for the transaction are obtainable and legitimate.
To initiate the process, we need the following information:
Instrument needed: SBLC, BG or POF?
Amount: $ Currency: Euros or USD ?
Duration: usually 1 year and 1 day
Do you require any particular bank?
For credit enhancement only? Yes/No
Callable/Lienable? Yes/No
Business Purpose:
When do you require the instrument?
What can a SBLC, POF or BG be used for?
They can help a business get additional financing for technology, real estate, high cost machinery, or construction by showing that there is money to cover the transaction.
They indicate legitimacy to all parties involved no matter what type of project.
A SBLC, POF or BG are great when you want to prove that you’ve got the ability to pay outright, but you don’t want to use your own funds.
Most small or mid size companies that are positioned for growth do not have the financial ability to make their future plans happen. That is where an investor group that can provide a POF, BG or SBLC can be the key to taking a business to the next level.
