SBLC

[Gregory Wade]

We can do purchase or leased option

What can a SBLC be used for?  SBLC is frequently used in international and domestic transactions where the parties to a contract do not know each other. A standby letter of credit serves as a safety net by assuring the seller that the bank will make payment for the goods or services delivered if the buyer fails to make the payment on time.

Purchase to own, it would be 2 to 3% of the ask. 

Leased would be no cost up front but the rate would be higher.

It can be callable, with the bank of choice HSBC, P&B, Barclays... those are just options.  Also, if they can't do the BPU, we can always do a third-party escrow.