DEALS/PROJECTS
Portfolio of Recent Deals as a Bank Guarantee and SBLC Provider
When it comes to securing bank instruments, Bank Guarantees (BG) and Standby Letters of Credit (SBLC) are indispensable tools. At General Credit Finance and Development Limited (GCFDL), we are a trusted provider of these critical financial instruments, helping businesses worldwide secure loans, finalize trade finance deals, and mitigate transaction risks.
What Are Bank Guarantees and SBLCs?
A Bank Guarantee (BG) is a financial instrument by a bank to ensure that a buyer or seller fulfills their obligations in a contractual agreement. If the party defaults, the bank steps in to pay the agreed-upon amount.
An SBLC, on the other hand, serves as a safety net, guaranteeing payment only in cases where the buyer defaults on their obligations. It’s a widely used tool in international trade and project finance.
How Does the Process Work?
- Application: Use the contact form on this page to submit your request for a BG or SBLC, detailing the purpose and terms.
- Assessment: We evaluate your financial stability and project requirements.
- Issuance: Once approved, we issue the BG or SBLC through a secure SWIFT MT760 message.
- Utilization: Use the instrument to secure financing, contracts, or trade deals.
We have many ongoing projects around the world, below are some of our most recent deals/portfolio.
Payment Guarantee for rice purchase
$100,000,000.00
Ho Chi Minh City, Vietnam
Hotel Resort
$70 Million
Ankara, Turkey.
Mall development
$145 Million
Chengdu, China.
Letter of Credit for Pharmaceuticals
$27,000,000.00
Mumbai, India.
Working Capital
$12 Million
Dubai, UAE.
Acquisition
$70,000,000
Virginia, USA.
Letter of Credit
$75,000,000.00
Bangkok, Thailand.
Touristic Hotel
$30 Million
Bali, Indonesia.
Retail Store
$30,500,000
Delhi, India
Real Estate
$76 Million
Ontario, Canada
Deferred Letter of Credit / Apparel
$18,000,000.00
Hong Kong
Ethanol Plant
$90 Million
Brasília, Brazil.
Clean Energy
$64 Million
Oslo, Norway.
Performance Guarantee / for Sugar transaction
$64 Million
São Paulo, Brazil.
University College
$92 Million
Accra, Ghana.
Construction/Residential
$35 Million
Berlin, Germany.
Medical Hospital
$82 Million
Phuket, Thailand.
Standby LC for Crude oil transaction
$98 Million
Nigeria.
Luxury Hotel
$120 Million
London, United Kingdom
Property Development
$40 Million
Stuttgart, Germany.
SBLC / Gold transaction
$24 Million
Dar es Salaam, Tanzania.
SBLC / Gold transaction
$39 Million
Washington, USA.
Standby LC / Grains/Wheat
$18 Million
Canada
Manufacturing
$105 Million
Seoul, South Korea.
Perfumery
$18 Million
Paris, France.
Letter of Credit / canned food
$32 Million
Mexico.
Usance LC / Grains
$18 Million
Kampala, Uganda.
Garment Factory
$55,500,000
Florida, United States.
DLC for energy drink purchase
$45,500,000
Dubai, UAE.
Recent Collateral Transfer / Trade Finance Transactions
General Credit Finance and Development Limited provided USD 40,000,000 Letter of Credit for road construction in Soroti, Uganda.
General Credit Finance and Development Limited Limited provided USD 55,000,000 Deferred Letter Of Credit to a Steel Bars manufacturer in South Korea.
General Credit Finance and Development Limited provided USD 12,000,000 Usance Letter Of Credit for rice importation, from Thailand.
General Credit Finance and Development Limited provided FC USD 58,000,000 SBLC to HIGER Electric Vehicle Manufacturer, China.
General Credit Finance and Development Limited provided Bank Guarantee for USD 19,000,000/- for Iron transaction.
General Credit Finance and Development Limited provided Letter of Credit value USD 75,000,000/- towards Stainless steel supplier.
General Credit Finance and Development Limited provided Performance Guarantee USD 92,000,000/- for Crude oil import from Russia.
General Credit Finance and Development Limited provided USD 50,000,000 DLC for Jet fuel oil transactions.
General Credit Finance and Development Limited provided USD 56,000,000 Standby letter of credit for Bitumen import.
Looking for a trusted provider of Bank Guarantees (BG) or Standby Letters of Credit (SBLC)? Whether you need to secure a loan, win contracts, or close trade finance deals, General Credit Finance and Development Limited is here to help. Contact us today for reliable and efficient solutions.