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.
SBLC/BG usually Charge about three% with the face benefit to lease the instrument and twenty% with the face benefit to acquire a clean Lower bank instrument. Any fees compensated upfront is deducted from the overall Expense.
In this instance, the customer contacts their bank to avail BG MT760. The issued BG functions to be a promise to guarantee the counter social gathering, that in the event of buyer’s default, the bank will satisfy all economic obligations as mentioned in the agreement.
Leverage Company relationships to unlock Doing work capital for vendors by providing them finance from their gross sales to Corporates
Certainly, SBLCs can be transferred or assigned to your third party (assignee) so long as the terms and conditions make it possible for for this kind of transfer.
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Private information have to only be gathered and used for reasons The shopper has consented to, or as could be permitted by regulation;
Preserve Lessen banking expenditures, given that standby letters of credit are less expensive than bonding and various credit amenities.
What are the collateral demands for the standby letter of credit? Banks typically choose funds or funds equivalents as collateral for an SBLC on account of their liquidity and relieve of valuation. This may contain resources in a financial savings account, Certificates of Deposit (CDs), or funds industry resources.
These instruments have opened up avenues for people and firms to bank guarantee provider obtain dollars cash without the want for conventional kinds of funding, thereby a lot less bank expenses and delivering a lot more flexibility and ease.
These officers make sure compliance with nearby polices and Group requirements, along with guide from the investigation of alleged breaches as and when needed.
Getting a SLOC involves a structured process. The applicant submits a proper request to their bank, detailing the SLOC’s function and terms essential by the beneficiary.
Also bank guarantee provider referred to as a backstop or simply a protective standby, Counter SBLC is often a style of LC issued by a bank in one country to some bank Out of bank guarantee provider the country, asking them to issue a new standby LC for their nearby beneficiary.
At Helios , we may also help shoppers recapitalise, refinance, consolidate their personal debt, finance new initiatives by imploying our bespoke bilateral funding system, the place we raise credit enhancement instruments to protected an agreed line of credit or funding arrange by our network of Lenders.
Our extensive abroad correspondent bank alliances also enable us to challenge guarantees abroad for participation in worldwide tenders and jobs.
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