Standby Letter of Credit (SBLC):
Our firm can facilitate the issue of an SBLC to secure a credit line for another party. Our SBLCs are issued by top world banks. SBLCs are not negotiable instruments or to be considered a security. They are used for collateral or asset enhancement purposes only where the Borrower must provide the underlying security and is firstly responsible to the Lending Bank who, in the event of default, will call on the SBLC. SBLCs are provided via MT760 and must be returned unencumbered and free of liens in one year.

Funds Disbursement:
Our firm can issue 1 year non-collateralized, prompt funding as per the following criteria: • Client’s bank agrees to return the loaned funds unencumbered and free of liens in one year at 108% of its face value. The method of delivery is via MT760 and is always Bank-to-Bank.

Note: Our firm does not require the use of any property and/or assets as collateral and we do not require a credit check, asset check, or income check. We can provide this loan within 7 banking days provided the client can pay the service fee and obtain a guarantee of repayment from an AA+ banking institution.

Contact Information:
1-866-444-1092
info@kalongroup.com