You are structuring project finance and need collateral for a certain period of time while your project develops?
We arrange "collateral for the required period of time". With our connections to securities dealers and institutional investors we are able to provide highly rated financial collateral for good projects and qualified clients. First-class collateral can be made available for the required period of time and transmitted to your financing institution through SWIFT MT760.
Borrowing and Lending Financial Instruments backed by highly rated Securities is probably the only way to obtain a valid Standby Letter of Credit, or Bank Guarantee for your credit enhancement. Financial Instruments from Euro 15 million to Euro 1 billion are generated and emitted, backed by highly rated Certificates of Debt (listed and rated Securities), which can be MTN, Bond, an Europaper, or a Commercial Paper and can be delivered (also) in the form of a Bank Guarantee (BG), or Standby Letter of Credit (SBLC) backed by such high rated debt instruments. The emission and transmission is via SWIFT MT760 by the Provider's banks HSBC, Deutsche Bank, Standard Chartered Bank, Barclays, UBS AG and Credit Suisse AG.
Here is the Deal!
1. You order a bank instrument (SBLC or BG) for Euro 15 million up to Euro 1 billion backed by highly rated securities.
2. The Provider (a Securities Dealer) will buy a Security on the Secondary Market for your transaction in the respective amount.
3. On the back of the Security he issues a fully cash backed Bank Guarantee or a Standby Letter of Credit and sends it to your bank for your beneficial use.
4. Your bank pays only the service fee for the use of the instrument for one year.
5. After one year your bank guarantees to return the instrument unencumbered or you renew the service which can be for up to 4 more years.
Do you need a business loan, or would like to start a project right now?
You have a bank willing to extend a loan to you?
Business Support Contract
A procedure applicable to transactions of qualified clients
An explanation provided by BlackRock, Inc. “BlackRock Securities Lending Unlocking the potential of portfolios”
How to apply?
The Application Process: Obtaining a fully cash backed SBLC or Bank Guarantee backed up by highly rated, publicly listed securities provided on the basis of a Business Support Contract. Download the Business Support Contract if you already have the support of your receiving bank!
After you have downloaded this document
PAGE 3 - Find the terms of the instrument and the procedures to get your SBLC or Bank Guarantee
PAGE 22 - You will find a Summary / Index of all contract terms
PAGE 23 - You will find the terms and procedures described that will apply to your transaction and your specific situation
PAGE 24 - You find instructions of how to complete this document in just minutes
