Leasing a Stand-by Letter of Credit (SBLC), Bank Guarantee (BG), or Certificate of Deposit (CD).
BG and SBLC Leasing
Pricing is below. All prices are subject to change without notice and without being updated below. Funds must be wired to my attorney in Kingston, Ontario, shortly after the application is submitted. All other payment arrangements are made on a case by case basis. If you wish to pay by Irrevocable Conditional Bank Pay Order (ICBPO), a minimum non-refundable deposit is required. Payment by ICBPO is not an option with all providers.
Delivery Time: From the time you submit your application AND wire the necessary funds, it will take 10-15 days to deliver a leased instrument from most providers. Soleil Capitale is faster at 5-10 days. HSBC Amsterdam is the fastest at less than five (5) days.
Top Tier Lenders for a USD$100MM+ Instrument:
Top 20 Banks – 14% annual (Must be paid at once. Instrument must be USD$10MM or larger. Fastest delivery at less than five (5) days.)
HSBC Singapore - 12% annual if paid at once, 14% annual if paid in two (2) payments of 10% down and 4% in five (5) days after instrument is issued. Minimum and Maximum instrument size: USD$10MM and USD$2.2B
Lower Tier Lenders for a USD$100MM+ Instrument:
Banco Popular Dominico - 11% per year (must be paid at once). Instrument must be USD$5MM or larger.
RBS Moscow - 10% per year (must be paid at once)
CIBC AG - 10% per year (must be paid at once)
Success Bullion International: 8% per year (must be paid at once)
Soleil Capitale: 9% per year (must be paid at once). Monthly payments available at a higher rate. Click HERE to see monthly payment program options.
For USD$10MM to USD$99MM Instruments (Call or Email if you need a smaller instrument)
Top 20 Banks – 14% annual (Must be paid at once. Instrument must be USD$10MM or larger. Fastest delivery at less than five (5) days.)
HSBC Singapore - 12% annual if paid at once, 14% annual if paid in two (2) payments of 10% down and 4% in five (5) days after instrument is issued. Minimum and Maximum instrument size: USD$10MM and USD$2.2B
Banco Popular Dominico - 11% per year (must be paid at once). Instrument must be USD$5MM or larger.
Soleil Capitale: 9% per year (must be paid at once) Monthly payments available at a higher rate. Click HERE to see monthly payment program options.
Fargo Bank- 5% 1st month, 1.0% per month renewal
Suisse Bank - 5% 1st month, 1.0% per month renewal
Success Bullion International: 3.0% 1st month, 2.0% per month renewal
Payment method: Funds must be wired to my attorney in Kingston, Ontario
CD Leasing
The issuing banks are currently Raifeissen Zentral Austria and BNP Paribus.
Cost is 11% per year.
Funds must be escrowed with a Solicitor in the UK. The client or client representative must physically go to the bank to pick up the hard copy of the CD. At the same time, the escrowed fees are released to the investor. Later if the client's bank wishes, they can confirm the CD with fax or Telex.
You may download the application below. Fill out the application and email it along with the documentation requested therein. After emailing your application and documentation, please call to verify that your application was received. Leave a message, if you do not reach a person.
Call anytime, 24 hours a day. If calling from outside the United States, please include your country’s prefix code, when leaving your callback number.
Scott Hedrick
919-443-5135
hedrickconsultinginfo@gmail.com
SKYPE: Hedrick.consulting