Saturday, 24 September 2016

Is Bank Guarantee (BG) Better than Standby Letter of Credit (SBLC)

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Bank Guarantees and SBLC (Standby Letter of Credit) are both financial instruments but each has a very different financial purpose. Most banks can issue either a Bank Guarantee or an SBLC so we are often asked by clients which one is better?

If your primary purpose is to have your Bank Guarantee or SBLC monetized, discounted or funded so you receive the most amount of cash from the instrument as possible…. Then a BANK GUARANTEE will be BETTER!
The reason is funders who monetize Bank Guarantees and SBLC (Standby Letter of Credit) prefer Bank Guarantees and generally pay MORE for Bank Guarantees than they do for SBLCs. LTV (Loan to Value) ratios on Bank Guarantees tend to be higher than SBLCs so if your sole goal is to maximize the monetized return from your financial instrument, request a Bank Guarantee Not an SBLC.
Ming Fong Finance Company are genuine and reliable providers of loan, international project funders, Lease bank guarantee providers & providers of sblc, dlc and letters of credit.  


BROKERS: Brokers are the life blood of our business and as a result we respect them, value them and appreciate them. So new brokers are welcomed, appreciated and compensated with good commission. Here are a few of the many benefits of being a MING FONG FINANCE COMPANY LIMITED broker:


Ming Fong Finance Company Bank Guarantee, BG, Standby Letter of Credit, SBLC, DLC, Lease BG, Direct SBLC Providers

  • Professional Broker Support
  • Healthy Commissions Paid on every Deal
  • Be Direct to the client, NOT in a Broker Chains!
  • Earn between 1% to 2% Commission on Every Deal
  • Brokers are 100% Protected Against Possible Circumvention.
  • Wide Range of Financial Instruments, Bank Guarantee Programs and Client Funding and Monetization Services
  • If you are interested to become our broker or company representative, kindly send us your resume via email for more information.

Email: fong@mingfongfinance.biz  |  mingfongfinance@protonmail.com
Telephone: +852 81 75 35 71
Skype:  mingfongfinance

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