Information on SBLC and BG

Since: Jun 11

Grand Rapids, MI

#1 Jun 8, 2011
Has anyone used a Stand By Letter of Credit (SBLC)or Bank Guarantee (BG) for investment purposes.

I have an investment buddy that used to have a mortgage company and told me about using an SBLC to get $2 Million in a Non Recourse loan which he can use for any purpose he wants.

He said he put up $75,000 in escrow and they cut him a 5 Million SBLC of which the Lender gave him a 45% Loan To Value on the 5M....approx 2 Million he netted.

I said produce me the wire confirmations showing that you and your partners got paid and I'm in. He said no problem. I'll have my proof today. Just wondering if any of you have heard of this before?

I asked him if he was responsible for the loan? He said no, when he gets the loan, he transfers the SBLC to the Lender, the lender gets a Line of Credit to trade for the Full amount of the SBLC. So she
received 5Million and paid the 2.25M from that and invests the rest....if she doesn't repay the loan, it's on her not my friend.

Please let me know if you have heard of this before. Also, it's going to be a stretch for me pooling together a full 75K, so I need to make
absolutely sure the funds stay in escrow and I don't lose my money.

Any information would be great.
Rosa

Bryant, AR

#3 Jun 13, 2011
We are doing something very similar. I arrange the instrument and the loan for my clients. This scenario is possible, but not widely advertised as most of the lending institutions consider these transactions private and do not broadcast such on the internet. The typical escrow amount is around 5-6% of the face value of the instrument issued. If your associates offer is REAL at a rate of 1.5% it is an extremely good rate.

But note you must have assets to back these loans and most lenders won't accept real estate as collateral. Hope this helps.
Very Interesting

Milwaukee, WI

#4 Jun 20, 2011
Rosa, how long does your process take? I may be interested in using your services. Contact me via email at [email protected]

Since: Apr 11

Conroe, TX

#5 Jun 20, 2011
I did just get confirmation of 8 clients that got funded. We got the bank details where the lenders Line of Credit is at and our banker verified the 250M Line and 8 wires going out. I knew of 2 clients and amounts they were expecting. Our Wells Fargo Banker verified it. I'm putting my escrow money together now. Will keep you posted.

My Attorney is putting her's in tomorrow too. She's dealt with this and felt confident when she made a few changes to the contract and the Lender accepted the changes.

I will keep you posted as we go through the process. The two clients that our banker verified. One took 16 days from start to completion and the other took 19 days.

My attorney also has someone that has their own SBLC at HSBC and our lender said she can monetize as long as they can swift it. So, I'll keep you posted on that one too, if they want to proceed.
Enwright

AOL

#6 Jun 24, 2011
We have BG/SBLC [email protected]
ROTH

Pontedera, Italy

#7 Jun 30, 2011
E.C.S. FINANCNE STORITVE d.o.o. is a providers of Bank instruments such as SBLC/BG or MTN for your projects. I can arrange the deal within 48 Hours if your side is abidding on standard procedure. We have to understand that main problems we are facing on the delayance of concluding deals are caused by LONG CHAINS OF BROKERS and the LACK OF EXPERIENCE OF MOST OF US. Other wise trading Bank instruments is very easey, if we can all work according to procedure. Therefore, I am inviting you to address your request to me by e-amail at [email protected] and I will send you the procedure along with BLANK SAMPLE of required documents that you have to print out and consult your BANK immediately.
This private placement platform trades at institutional levels in One Hundred Million Dollar, Five Hundred Million Dollar and Billion Dollar tranches. The unique and advantageous benefit of working with E.C.S. FINANCNE is that we can offer direct access to a performing trade platform to qualified investors at much lower investment amounts.
The platform accomplishes this through joint venture agreements with multiple investors to fill their large trade offerings. However, each participating investor receives their own agreement directly from the platform.
Most Platforms are by invitation only and once an investor is accepted they must complete the process or may be banned from participating in any platform for life. Due diligence is administered on each investor. Any form of fraud will be immediately submitted to the proper authorities and prosecution will follow.
We offer its clients the opportunity of leasing or purchasing banking instruments for specific targeted projects which lead to enhance one’s own business growth.
We are very selective on which clients that we represent that are interested solely in the purchasing or leasing of MTN's, BG's and Corporate Notes, so interested potential clients should contact us directly to find out if there is a fit prior to making a request for a purchase.
A list, that will constantly be up-to-date, shows here below the current availability of such bank instruments. In the last column, the total available figure are quoted of each bond, and client can choose the suitable amount inside it. Furthermore, client can choose more than one instrument.
Rosa

Bryant, AR

#8 Jul 6, 2011
Very Interesting wrote:
Rosa, how long does your process take? I may be interested in using your services. Contact me via email at [email protected]
The process takes 2 to 3 weeks depending on the assets used as collateral etc. Maybe longer if client doesn't have things in order and ready to move forward.
nazeer khan

South Africa

#9 Aug 13, 2011
ROTH wrote:
E.C.S. FINANCNE STORITVE d.o.o. is a providers of Bank instruments such as SBLC/BG or MTN for your projects. I can arrange the deal within 48 Hours if your side is abidding on standard procedure. We have to understand that main problems we are facing on the delayance of concluding deals are caused by LONG CHAINS OF BROKERS and the LACK OF EXPERIENCE OF MOST OF US. Other wise trading Bank instruments is very easey, if we can all work according to procedure. Therefore, I am inviting you to address your request to me by e-amail at [email protected] and I will send you the procedure along with BLANK SAMPLE of required documents that you have to print out and consult your BANK immediately.
This private placement platform trades at institutional levels in One Hundred Million Dollar, Five Hundred Million Dollar and Billion Dollar tranches. The unique and advantageous benefit of working with E.C.S. FINANCNE is that we can offer direct access to a performing trade platform to qualified investors at much lower investment amounts.
The platform accomplishes this through joint venture agreements with multiple investors to fill their large trade offerings. However, each participating investor receives their own agreement directly from the platform.
Most Platforms are by invitation only and once an investor is accepted they must complete the process or may be banned from participating in any platform for life. Due diligence is administered on each investor. Any form of fraud will be immediately submitted to the proper authorities and prosecution will follow.
We offer its clients the opportunity of leasing or purchasing banking instruments for specific targeted projects which lead to enhance one’s own business growth.
We are very selective on which clients that we represent that are interested solely in the purchasing or leasing of MTN's, BG's and Corporate Notes, so interested potential clients should contact us directly to find out if there is a fit prior to making a request for a purchase.
A list, that will constantly be up-to-date, shows here below the current availability of such bank instruments. In the last column, the total available figure are quoted of each bond, and client can choose the suitable amount inside it. Furthermore, client can choose more than one instrument.
Is it possible to get the documents for the sblc.I would like to have a look at it.I am undertaking a large project from over seas and would like to see what i am getting into and to have a look at the requirements of the sblc forms.You can email me at [email protected]
John

Inglewood, CA

#10 Aug 27, 2011
I need a provider that can issue either lease BG or SBLC , will instruct the bank to issue ICBPO

Will not pay any up front fees but will gurantee from Top Bank

[email protected]
Den

Singapore

#11 Sep 5, 2011
Can provide a Guarantee to any interested party to facilitate business / transaction.
However, Guarantee value needs to be large (preferably north of $100 mio) to be viable.
Initial fees can be low with balance back-loaded. Fees payable can be deposited in a bank, or provided via a bank's undertaking to pay.
Email cpa.hou at yahoo.com
Muhsin Ali

Chevilly-larue, France

#14 Oct 16, 2011
I can deliver leased instruments to Organisations or individuals with their
preferred text verbiage as been approved by their bankers. We also proffer sales
option to interested buyers. Our terms and procedures are so flexible and
workable by RWA clients. Our lease rate is (5.5+0.5)%+x%. X% IS Lessee broker's
Commission and he determines his commission. Also we have facilities
to discount
BG and Put you into PPP Trading.

Contact me through this email:(financialinstruments01@ gmail.com) or through
skype:(muhsin.abid.ali) in other to furnish you with other information.
Great

Washington, UT

#15 Oct 23, 2011
twgbob wrote:
Has anyone used a Stand By Letter of Credit (SBLC)or Bank Guarantee (BG) for investment purposes.
I have an investment buddy that used to have a mortgage company and told me about using an SBLC to get $2 Million in a Non Recourse loan which he can use for any purpose he wants.
He said he put up $75,000 in escrow and they cut him a 5 Million SBLC of which the Lender gave him a 45% Loan To Value on the 5M....approx 2 Million he netted.
I said produce me the wire confirmations showing that you and your partners got paid and I'm in. He said no problem. I'll have my proof today. Just wondering if any of you have heard of this before?
I asked him if he was responsible for the loan? He said no, when he gets the loan, he transfers the SBLC to the Lender, the lender gets a Line of Credit to trade for the Full amount of the SBLC. So she
received 5Million and paid the 2.25M from that and invests the rest....if she doesn't repay the loan, it's on her not my friend.
Please let me know if you have heard of this before. Also, it's going to be a stretch for me pooling together a full 75K, so I need to make
absolutely sure the funds stay in escrow and I don't lose my money.
Any information would be great.
It has been a few months since you wrote your post, I am just wondering if you got confirmation that it did go through, please update us. I have a similar situation where UBS UK issues the SBLC for 2.5%, once funded they take out the remaining fees from the loan
Great

Washington, UT

#16 Oct 23, 2011
ExtremeWealth wrote:
I did just get confirmation of 8 clients that got funded. We got the bank details where the lenders Line of Credit is at and our banker verified the 250M Line and 8 wires going out. I knew of 2 clients and amounts they were expecting. Our Wells Fargo Banker verified it. I'm putting my escrow money together now. Will keep you posted.
My Attorney is putting her's in tomorrow too. She's dealt with this and felt confident when she made a few changes to the contract and the Lender accepted the changes.
I will keep you posted as we go through the process. The two clients that our banker verified. One took 16 days from start to completion and the other took 19 days.
My attorney also has someone that has their own SBLC at HSBC and our lender said she can monetize as long as they can swift it. So, I'll keep you posted on that one too, if they want to proceed.
So what was the out come? Is this the same transaction where the SBLC is issued from RBS UK? Give us an update I have the funds available myself

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