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A Standby Letter of Credit (SBLC / SLOC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used. A standby letter of credit can be abbreviated either as SLOC or SBLC. How can a contractual (SBLC / SLOC) be used? Financing for your small business isn’t always easy to come by—but it’s important to look down every avenue of opportunity; you might not be aware of one of the most powerful financing tools out there. Standby letters of credit can help your business in tough contractual and financial situations, making people more likely to sign contracts and do business with you. A standby letter of credit helps facilitate international trade between companies that don’t know each other and have different laws and regulations.

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We are stock broker and a certified lending firm that gives out short and long term loans with low interest to business firms and individuals that will be able to pay back the loan at the stipulated period of time.We give Business/investment loan @ affordable interest rate.For more inquiries, contact us on how to apply.