Planning is the person of a group of people who help to run the process successfully. Financial planning someone who helps out in a real estate transaction but owes no responsibilities to the buyer, the seller, the lender, or the borrower. Planning in a real estate transaction might contact a home inspector, arrange for a survey, assist with removing underwriting problems on a mortgage loan, and explain the computations for the buyers'and sellers' costs at closing. When working with people in a real estate or mortgage loan transaction, it is extremely important to ask them to disclose, in writing, their exact role and their responsibilities to you. Someone you might assume to be your agent, with the responsibility to work interest.

Financial Planning is not a broker. True planning will most likely be a seasoned business person who has spent thousands of hours in enhancing as well as putting together lists of true investment sources.  These lists have to be maintained and updated. Many lists cost thousands of dollars to obtain.  Some lists are not easily found or acquired and one list with 1800 contracts on it, in our possession, is not available to the general public. Over a ten-year time span there is at least a 40% drop off rate of investment firms and individuals for a number of reasons such as retirement, mergers, and change in business direction.

We are only able to accommodate this important task after taking years in gathering good reputable investment firms and sophisticated investors with Financial Planning.  This has taken a lot of time and expense to accomplish this task which is self-explanatory. The advantage of having this to people in seeking project funding is that we have already weeded out most of the frauds and financial crisis.  One real benefit is that we save you time whenever it is required because time is a very major constrict.

You are advised not to get emotionally attached to the project and give a logical and unbiased opinion on how to proceed in raising capital for the company.

The letter of credit is an irrevocable documentary commitment, separate from the sales contract, issued by the bank to a third-party beneficiary and promising to pay on behalf of the originator a specific sum of money against delivery of documents satisfying the terms and conditions of the SBLC. It can be used for import and export transactions. It is particularly suitable for existing business relationships where the two parties have already built up trust.

Financing for your small business isn’t always easy to come by—but it’s important to look down every avenue of opportunity; you might not be aware of one of the most powerful financing tools out there. Standby letters of credit can help your business in tough contractual and financial situations, making people more likely to sign contracts and do business with you.

What is an SBLC Standby Letter of Credit?

A letter of credit is a guarantee of payment by a bank on behalf of their client. It is a loan of last resort in which the bank fulfills payment obligations by the end of the contract if their client cannot.

The standby letter of credit is never meant to be used, but prevents contracts from going unfulfilled in the event your company closes down, declares bankruptcy, or is unable to pay for goods or services provided. Standby letters of credit help prove a business’ credit quality and repayment abilities.

Types of Letters of Credit • Performance SBLC  standby letter of credit • A financial SBLC  standby letter of credit

How to Obtain a Letter of Credit

The standby letter of credit process is similar to that of obtaining a commercial loan, with a few key differences.

As with any business loan, you will need to provide proof of your creditworthiness to the bank. However, the letter of the credit approval process is much quicker, with letters often being issued within a week of all paperwork being submitted.

Unlike traditional loans, the bank will require a standby of letter of credit fee of between 1-10% of the SBLC amount before issuing the letter. This fee is usually charged per year that the letter of credit is in effect. If the terms of the contract are fulfilled early, you can cancel the letter of credit without incurring additional charges.