What makes us so unique?
Bear Capital Ventures Limited is a Global Financing Provider that serves individuals, business owners, and corporations. We specialise in assisting individuals and businesses of all sizes in accessing global capital markets to secure the funding they require to expand and thrive.
Bear Capital Ventures Limited provides specialised trade finance, project finance, and advisory services to individuals, businesses and governments worldwide, including financial instruments such as (BG) Bank Guarantee and (SBLC) Standby Letter of Credit.
In addition to offering financial services, our mission is to collaborate with clients and businesses to create profitable enterprises. We are passionate about developing long-term connections, getting to know our customers, and helping to make a genuine difference in their lives and businesses.
One example is, a lessor may well require a lessee to supply a letter of credit from the party he fails to pay rent.
Guarantee guarantee: secures the warranty of the products following supply, or perform accomplished, during any agreed warranty interval.
SBLC Issuance: We help clientele in obtaining SBLCs from best-rated banks, making sure the economic instrument meets the very best standards and demands..
The bank instrument issued by credible banks is the proper Resource for transactions exactly where each hard cash and a guarantee of payment are necessary.
This can be project funding is often especially valuable for tiny and medium-sized enterprises (SMEs) That will not have access to classic funding alternatives.
What's the distinction between standby letters of credit and professional letters of credit? Standby letters of credit are typically funded in bank guarantee provider an event of default and therefore are drawn on by the beneficiary only when the applicant fails to meet their underlying obligation.
If your holder accepts the present, They are going to be requested to offer further documentation, including evidence of possession and legal entitlement to your SBLC.
Monetization of SBLCs is standby letter of credit commonly used in Worldwide trade and finance to offer rapid funding for initiatives, companies, or investments.
Month to month curiosity payments are set apart from the bank loan proceeds, developing an fascination reserve, as well as Lender's Details.
A Standby Letter of Credit is defined for a bank guarantee and it's got the exact same intent. Nonetheless, it really is issued in the shape of the letter of credit, but won't serve as a payment instrument.
After the bank is happy with all the data at their disposal as well as their background checks have yielded satisfactory effects, it offers an SBLC to the client. The bank prices 1% to ten% of the level of SBLC as being a yearly price, and it’s relevant right until the SBLC is valid.
Also called a backstop or maybe a protecting standby, Counter SBLC is a sort of LC issued by a bank in one region to standby letter of credit your bank in another country, inquiring them to difficulty a brand new standby LC to their nearby beneficiary.
HSBC offers tailor-made alternatives together with progress payment, financial guarantees and letters of credit
A standby letter of credit may also be utilized to defend the customer from any default or non-fulfilment by the vendor and lower the buyer’s hazards. In lieu of making a complete deposit in money, the customer can make use of a standby letter of credit to pay for in comprehensive or just a Section of it.