{"id":772,"date":"2020-06-08T12:55:58","date_gmt":"2020-06-08T12:55:58","guid":{"rendered":"https:\/\/exetergroupofcompanies.com\/?page_id=772"},"modified":"2025-01-13T12:53:18","modified_gmt":"2025-01-13T12:53:18","slug":"owned-standby-letter-of-credit-sblc-monetization","status":"publish","type":"page","link":"https:\/\/exetergroupofcompanies.com\/en_gb\/owned-standby-letter-of-credit-sblc-monetization\/","title":{"rendered":"Owned Standby Letter of Credit (SBLC) Monetization"},"content":{"rendered":"
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Owned Standby Letter of Credit (SBLC) Monetization<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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SERVICE AND INSTRUMENT DESCRIPTION:<\/h3>

Complete Recourse Loan & Non-Recourse Loan Monetization of Owned Standby Letter of Credit (SBLC) for Project Funding<\/strong><\/p>

Exeter Group of Companies LLC specializes in providing flexible funding solutions through the monetization of Owned Standby Letters of Credit (SBLCs). Clients benefit from a no-upfront-fee policy, ensuring compensation occurs only upon project completion. This is secured under a contractual agreement with our clients.<\/p>

By leveraging an Owned Standby Letter of Credit, Exeter Group offers tailored loans facilitated through negotiations with a trusted attorney-trustee office in the USA. Clients typically benefit from loans that may not require repayment, or if they do, terms include low repayment rates. Funds are disbursed via an attorney-trust IOLTA federal bank account, accompanied by a legal opinion, ensuring smooth transactions with local banks.<\/p>

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There are 4 Monetizations that We Utilize:<\/em><\/strong><\/p>

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1. Euroclear<\/strong>\u00a0\u2013 The Euroclear process is extremely fast, and the best part is there are no SWIFT fees. Euroclear is one of the most established financial transaction networks in the world and was founded by JP Morgan in 1968.<\/p>

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2. Bank SWIFT<\/strong>\u00a0\u2013 This (BG) is delivered between the two banks through SWIFT MT799 and SWIFT MT760.<\/p><\/div><\/div><\/div><\/div><\/div><\/div>

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3. DTCC<\/strong>\u00a0\u2013 The Depository Trust and Clearing Corporation issue BGs that we accept. Again, through this process, there are no SWIFT fees, and this company was founded in 1999 and is seen as one of the leaders in the industry.<\/p>

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4. Bloomberg \u2013\u00a0<\/strong>The Bloomberg process is extremely fast and there are no SWIFT fees.\u00a0Bloomberg was founded in 1981 and is one of the most established financial transaction networks in the world.<\/p>

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Important: We have two option to purchase the\u00a0<\/em><\/strong>Owned\u00a0<\/em><\/strong>Standby Letter of Credit (SBLC) in its entirety or the client can retain their ownership and take out a non-recourse loan.\u00a0<\/em><\/strong>Most clients want to take the route of the non-recourse\u00a0loan payment.<\/em><\/strong><\/p>

The monetizer\u00a0must return the Owned\u00a0<\/em><\/strong>Standby Letter of Credit (SBLC) to the Issuing bank 15 days before the\u00a0<\/em><\/strong>Standby Letter of Credit (SBLC) expiration.
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Monetization LTV for a\u00a0Non-Recourse Loan (this loan have a lower LTV but you don\u2019t have to pay back):<\/em>
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