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.
The bank then begins on the lookout in the creditworthiness of your applicant and decides whether or not the person must be credited Using the SBLC. The bank appears in to the economical record with the applicant in addition to their credit reports and ratings.
SBLCs normally Possess a validity interval, frequently ranging from just one to two many years, all through which the beneficiary will make claims.
one. The Beneficiary and provider indicator the deal initiating the memorandum of comprehending and also the letter of intent. This enters them into a contractual arrangement.
Direct Pay SLOCs allow the beneficiary to draw money directly from the issuer, regardless of the applicant’s overall performance or default. This type is often Utilized in bond funding, exactly where the issuer makes periodic payments straight to bondholders.
As soon as a reputed monetary establishment lends somebody a standby letter of credit, they’re pretty much making a statement regarding their and their business’s bank guarantee provider money circumstance. This goes a great distance in setting up creditworthiness.
Non-recourse financial loans can even be backed by devices that obtain government bonds, offering companies with the flexibleness they need to secure funding without having sacrificing worthwhile property.
What's the entire process of SBLC? The whole process of obtaining an SBLC is analogous to the personal loan software method. The standby letter of credit method begins when the customer applies for an SBLC in a commercial bank.
We don’t concern RWA or BCL letters. Customers normally use this tactic to shop around for your credit line with the acquiring institution which has a banking letter confirming there is a bank instrument ready to be issued of their name. We won't ever enable this to happen under our firm name.
A fiscal SBLC guarantees payment to the seller or the assistance provider for the products or the companies rendered According to the agreement within the stipulated time period.
Payment beneath a desire guarantee will count on the wording and The foundations it is subject to, describing what need to be offered and when payment need to be manufactured. Commonly, the whole process of reviewing a correct demand and producing the payment will choose about 14 days.
At Helios , we can help customers recapitalise, refinance, consolidate their financial debt, finance new tasks by imploying our bespoke bilateral funding system, where by we raise credit improvement instruments to safe an agreed line of credit or funding setup by our community of Lenders.
A standby letter of credit supports the performance of contractual preparations involving two events. The letter of credit is really an unbiased obligation taken on from the issuing bank. The issuing bank commits to pay for the beneficiary of your letter of credit within the occasion the contractual arrangement is not executed for every its terms.
Functionality SBLC: Ensures the completion of non-financial obligations, like well timed challenge supply or service fulfillment.
In standby letter of credit the beginning, the consumer will submit the details in their trade to us; when it comes to – signed proforma or profits and purchase settlement of their trade deal or job.