AVINA GLOBAL CAPITAL FINANCE INC
Our principal service is the provision of Non Recourse Loans, Project Financing, Personal Loans, Business Loans, Bank Guarantees (BG), Standby Letters of Credit (SBLC), Differed Letters of Credit (DLC) and International Project Finance for companies, SME’s and private individuals.
All our Bank Instruments are Issued from Top Rated Banks such as HSBC Hong Kong, Barclays Bank London, Standard Chattered Bank or any top rated AAA bank.
Difference between LC and SBLC
Key difference: The ‘Letter of Credit’ and the ‘Standby Letter of Credit’ are two legal bank documents that are used by international traders. Both these letters are used to ensure the financial safety between the supplier and their buyers. And, SBLC is a type of LC that is used when there is a contingent upon the performance of the buyer and this letter is available with the seller to prove the buyer’s non-performance during the sale.
Contact : Mr. Vincent Leonard