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.
A Collateral Transfer Arrangement is where by the Provider enters right into a contract with another corporation, (called the Beneficiary), and rents or leases a Bank Guarantee to get a constrained time frame, generally one 12 months.
The sort and the terms on the guarantee are agreed involving the functions with the contract and accepted with the issuing bank. The commonest varieties of bank guarantees
Item giving is subject to selected eligibility conditions According to Bank's inner policy which is topic to Bank's discretion.
SLOCs may also be common in lease agreements, notably in commercial real estate. Landlords may perhaps have to have tenants to supply a SLOC to safeguard towards breaches of lease phrases.
to assure their dedication in terms of payment for their counter occasion. This offers assurance bank guarantee provider that the contractor will total the undertaking without any hurdles.
In its place, the collateral serves as security for that personal loan, plus the lender can only accumulate the collateral in case of default.
In contrast, under a letter of credit, the bank pays the seller once they deliver the goods or bank guarantee provider companies, on condition that all needed obligations are satisfied.
What exactly are the collateral prerequisites to get a standby letter of credit? Banks often desire money or hard cash equivalents as collateral for an SBLC on account of their liquidity and ease of valuation. This may include things like resources in a personal savings account, Certificates of Deposit (CDs), or income sector cash.
Authenticity: Guaranteeing that the SBLC is respectable and authentic is critical to avoid falling target to fraudulent techniques.
Bank devices are a favorite avenue for people and companies to obtain financing or safe transactions for products and solutions.
After the documentation has become verified by rated banks, the SBLC are going to be assigned towards the monetization firm, who will then utilize it as collateral for the financial loan or line of credit.
Once the bank verifies the proofs, they release the payment to the seller. The client then will bank guarantee provider make the payment to your bank at a later on date along with desire.
Applicants really should weigh these trade-offs and look at negotiating phrases or diversifying challenges by approaching numerous banks.
A standby letter of credit will also be used to protect the buyer from any default or non-fulfilment by the vendor and lower the buyer’s hazards. As an alternative to building a complete deposit in cash, the buyer can utilize a standby letter of credit to pay for in whole or merely a Element of it.