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.
Liquidity: Monetization provides instant access to dollars, that may be critical for seizing time-sensitive opportunities or addressing fiscal needs.
Cancellation takes place when the obligation is fulfilled, or the beneficiary not requires the guarantee. Such as, if a contractor completes a task satisfactorily, the SLOC is often canceled, freeing up the applicant’s collateral and ending affiliated fees.
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SLOCs are widespread in lease agreements, particularly in commercial real-estate. Landlords might require tenants to deliver a SLOC to safeguard from breaches of lease conditions.
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Standby letters of credit have several programs but tend to be Employed in lieu of money deposits. Industrial tenants generally appear to standby letters of credit to offset the need for a safety deposit on long run leases. They are also suitable substitutes for bid bonds, efficiency guarantees, and warrantee bonds when submitting agreement bids.
This analysis normally includes verifying the authenticity with the SBLC and analyzing its worth according to industry problems and various factors.
What are the collateral demands for any standby letter of credit? Banks normally prefer funds or dollars equivalents as collateral for standby letter of credit an SBLC due to their liquidity and simplicity of valuation. This could certainly contain cash in a discounts account, Certificates standby letter of credit of Deposit (CDs), or cash sector money.
In the case of the bank guarantee, if the client is not able to fork out the seller or creditor, the bank will pay the agreed quantity since the contractual obligations have not been met.
These officers assure compliance with nearby regulations and Team necessities, and also help within the investigation of alleged breaches as and when required.
A LC is really a document issued by a bank that guarantees payment to the supplier as soon as the conditions on the contract are met.
Clients with account-similar concerns who usually are not enrolled in Electronic Banking or who would favor to talk with anyone can simply call us directly.
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