Focusing on our financial skills is what we do.
We, sblc providers, know our core credibility, financial capability and our strong finance with top-rated banks. Most Importantly, we stay focused. Funny SA has access to financial strong financial backing and proved its capacity to fund your project swiftly. Sblc providers works with top rated banks to issue bank guarantee and Standby letter of credit companies and business owners. Bank instruments are often part of arrangements between a small firm and a large organization, both public or private.
Above all, banks and investors require companies and business owners to have a bank guarantee in advance to avoid counterparty risk by all means. Above all bank guarantees can be used by a investors as well as banks of parties for many reasons. Due to our fair costs and exceptional customer service, we are particularly the only bg and sblc provider/equity firm in the Europe with affordable financial instruments.
Projects generally require a lease or purchase financial instruments or credit line activation likewise an infusion of capital. Our fair commission structure including the outstanding services we render, allow us to be the first choice of financial mandate around the world. Furthermore we are the world trusted provider of fresh cut sblc/bg with top-rated banks backings.
Purpose of bank instruments guarantee issued buy sblc providers.
- Leasing guarantee usually serves as collateral for rental agreement payments.
- Lending institution promises to cover a loss using a bank guarantee if a borrower defaults on a loan.
- Individuals often choose direct guarantees for international and cross-border transactions.
- Functions as collateral for reimbursing advance payment from a buyer if the seller doesn't supply the specified goods.
- Performance bank guarantees that serves as collateral for the buyer’s costs incurred if goods are not provided as contractually agreed.
- Enabling the customer, or debtor, to acquire goods, buy equipment and trade is how the bank guarantee works.
- A credit security bond that serves as collateral for repaying a loan.
- Confirmed payment order is an irrevocable obligation, in which a bank pays on behalf of the client the beneficiary a set amount on a given date.
Funny SA
We are resourceful SBLC Providers company with a portfolio of quality assets handle by a leading expert teams. Our journey started back in 1992. As a company, we started regionally here in England and European countries and afterwards slowly expanded towards Asian country’s specializing in international bank guarantee and also financial instrument consulting. Our resource is from diamond and gold trade, stock market and real estate with excellent technical, commercial and financial skills.
Leased Bank Guarantee
Leased bank guarantees tend to be very expensive; as a matter of fact fees can still run as high as 5% of the guarantee amount every year. The fee usually consists of an initial setup fee and an annual fee, both of which will be a percentage of the dollar amount that the issuing bank “guarantees” (or covers) in the event that the company is not able to pay its debts before the expected deadline.
RWA/Swift MT799 & MT760
Ready Willing and Able Letter (RWA) is a document issued by a bank or financial institution on behalf of their clients. It demonstrates the intent and capability of the clients to enter into a financial business transaction both legally and financially. If the transaction fails, the liquidation charges will be returned unconditionally to the borrower plus attorney fees and 2% failure penalty.
Leased Standby Letter of Credit
Lease standby letter of credit is a bank’s commitment of payment to a third party in the event that the bank’s client defaults on an agreement. It is a “standby” agreement because the bank will have to pay only in a worst-case scenario. A SBLC is most often sought by a business to help it obtain a contract and loan.
Back-to-Back Letters of Credit
Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a transaction. A back-to-back letter of credit is usually used in a transaction involving an intermediary between the buyer and seller, such as a broker, or when a seller must purchase the goods, it will sell from a supplier as part of the sale to his buyer.
BANK GUARANTEE
Bank guarantee is usually leased to a third party for a specific fee. as a result of these the issuing bank will conduct due diligence on the creditworthiness of the customer before starting the process.
SLOC/SBLC
A standby letter of credit is a bank’s commitment of payment to a third party in the event that the client defaults on an agreement.
ILOC
An ILOC (irrevocable letter of credit) is official correspondence from a bank that guarantees payment for goods or services being purchased
Services
Standby Letter of Credit
A financial SBLC Providers guarantees payment for goods or services as specified by an agreement. An oil refining company, for example, might arrange for such a letter to reassure a seller of crude oil that it can pay for a huge delivery of crude oil.
Bank Guarantee
The bank guarantee means a lending institution ensures that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer to secure a loan from the bank.
Letter Of Credit
Due to the nature of international dealings, including factors such as distance, differing laws in each country, and difficulty in knowing each party personally, the use of letters of credit has become a very important aspect of international trade.
Access and privileges of our service
Asset Backed Security
Access to our financial solutions improves processes and streamlines operations. Unique implementation methodology allows us to take the time to understand your business while providing the best solution.
International Funds
Our company has worked with this global finance institution to identify the sources of conflict, ways to manage and resolve it.
Investment Finance
Unique implementation help us gain the skills and expertise to take our clients to the next stage of their financial journey.
Financial Guarantor
Corporation with financial guarantor helps avoid draining of all of your financial resources, ruining your way of business and undermining your financial plan.
WHAT WE DO...
RESEARCHED FINANCIAL MARKET
Financed market plan is, most generally, a budget or plan for handling cash flow. Financial plans can allocate income to expenses and help to plan for savings. This can also involve borrowing cash, as through a loan. More specifically, it is a strategy which is personalized, given the client’s financial situation to meet a client’s specific goals.
STRATEGIC FINANCIAL PLANNING
Strategic financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Furthermore, usually, a company creates a financial plan immediately after setting the vision and objectives. Most important the financial plan describes all of the activities and resources needed to achieve these objectives.
MANAGEMENT FINANCIAL RESOURCES
Ordinarily management involves more than just cash flow. Alternatively whatever your needs are, managing multiple locations, merging new business, enhancing purchasing decision-making, managing inventory or handling complex accounting functions.
GLOBAL FINANCE CONFLICT MANAGEMENT
Under difficult market and societal conditions, the players in the financial industry are under heavy pressure to produce results. However the pressure can quickly lead to strong internal frictions and open conflict between teams in relation to the situation. Meanwhile situations and dynamics which are usually detrimental to the institution's success, specifically under these critical conditions.
LEADERSHIP
Although our firm financial leadership is run in partnership either with investors or top rated banks in the world. On the other hand Centered role of the finance professional additionally, draws on robust leadership research and grounded in the challenges that finance professionals face by all means. This course is highly interactive, especially using a mix of practical experience likewise research.
PLANNING FINANCIALLY
Particularly Risk management is intended to provide financial security, for instance, through the use of financial strategies, as well as financial services. As a matter of fact these are used in the attempt to mitigate large financial losses especially if they occur as well as when they occur. Furthermore comprehensive risk management strategy will include the consideration of personal and property risk, likewise liability risks.
OUR GOAL
As a matter of fact assisting businesses to make better financial future and help them prepare for the unexpected is what we do. On the other hand we have been building a strong reputation for solid management, sound decisions and consumer confidence from the beginning. Generally accomplishment goals by being one of the world’s leading financial companies providing bank guarantee and SBLC, including investments.
LEASED BANK GUARANTEE
This are Swift MT 760 letter that are regularly lend to a third party usually for a specific fee is simply. The issuing bank will conduct due diligence on the creditworthiness of the client or company, looking to secure the lease or purchase bank guarantee.
BACK-TO-BACK LC
Back-to-back letters of credit consist of two letters of credit used to finance a transaction. A transaction involving an intermediary between the buyer and seller is as a matter of fact usually uses back-to-back letter of credit.
ILOC
An irrevocable letter of credit assures the seller of receiving payment because it is a guarantee by the issuing bank, the buyer’s bank, that it will make payment in the event the buyer fails to do so.
Financing every area of your business is however our priority!
For secure Bank Guarantee (BG) for your project and particularly for establishing line of a credit with your bank regularly, we got it all covered as well as.
GET IN TOUCH...
To know about our services and at the same time the process, send us a message.
Address
Office: Piazza Boffalora 4, 6830 Chiasso, Switzerland.
Phone Number: +41 44 508 74 42
Skype: Click to Message Us on Skype!
Email: [email protected]
Official Website: www.funnysaswiss.com
Work with us
Funny SA is a resourceful SBLC Provider with intense knowledge especially, of the global power logistics in helping our clients generally to navigate through financial difficulty with payment guarantees even though they are not financial stable.