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 gives speedy entry to income, which can be critical for seizing time-delicate possibilities or addressing economical wants.
Wee supply total refund of any charges paid if for any motive a shopper expresses unsatisfactory experience.
Retention revenue guarantee: secures the buyer’s suitable to repayment of any remaining payment designed, which would usually have remained pending until the completion in the agreement.
From the party in which the bank’s buyer fails to fulfil The work throughout the timeframe stated during the SBLC, the bank will refund a specific sum of money into the deal’s 3rd party.
by adminPosted onAugust one, 2021September 26, 2021 A standby letter of credit (SBLC) is a legal instrument issued by a bank. It signifies the bank’s guarantee for making payment to the seller of a particular volume bank guarantee provider during the party the client is struggling to make the payment themself as agreed.
With the soaring need for non-conventional financing options, instruments are established to Enjoy an progressively vital role during the finance industry.
More and more firms are utilizing the Collateral Transfer Facility to raise standby letter of credit a bank loan or line of credit, and both of those the providers and beneficiary’s bankers by way of their very own due diligence on the lenders and providers contracts, will assure The graceful working on the transaction which ultimately supplies a line of credit for your beneficiary.
It truly is a flexible monetary Instrument which might be made use of in a number of predicaments to go over the potential risk of nonperformance or supply assurance that contract obligations is going to be fulfilled.
Month to month desire payments are established aside from the bank loan proceeds, building an desire reserve, in conjunction with Lender's Points.
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SBLCs, compared with other kinds of LCs, are a form of contingency prepare. In the situation of other LCs, the bank can make the payment to start with, after which the applicant pays into the bank in a later date.
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In development, for example, a contractor could offer a Performance SLOC to guarantee undertaking completion. Underneath accounting standards like IFRS and GAAP, this sort of guarantees are regarded contingent liabilities and disclosed in economical statements if default is probably going.
The process of getting an SBLC is pretty simple and much like that of getting almost every other form of LC or a financial loan from the bank. A buyer basically walks right into a bank or even a money establishment and applies for an SBLC.