What makes us so unique?
Bear Capital Ventures Limited is a Global Financing Provider that serves individuals, business owners, and corporations. We specialise in assisting individuals and businesses of all sizes in accessing global capital markets to secure the funding they require to expand and thrive.

Bear Capital Ventures Limited provides specialised trade finance, project finance, and advisory services to individuals, businesses and governments worldwide, including financial instruments such as (BG) Bank Guarantee and (SBLC) Standby Letter of Credit.

In addition to offering financial services, our mission is to collaborate with clients and businesses to create profitable enterprises. We are passionate about developing long-term connections, getting to know our customers, and helping to make a genuine difference in their lives and businesses.
What's a MT760 standby letter of credit? A Standby Letter of Credit (SBLC) is actually a payment guarantee that is certainly issued by a bank or fiscal establishment by a SWIFT MT760 concept, and is employed as payment to get a customer in the case which the applicant defaults. A SBLC may be utilized within a wide array of fiscal and business transactions.

SBLCs usually Have a very validity period, typically ranging from one particular to 2 years, during which the beneficiary can make promises.

These instruments seek advice from economical instruments issued by reputable banks that function a kind of collateral towards a variety of fiscal transactions.

ten. The provider’s bank has one particular 7 days in the reception on the BG payment to ship a tough copy in the BG to the beneficiary’s bank via a courier that is certainly bank-bonded.

However, if this offer is guarded by a effectiveness SBLC, the issuing bank will pay entire challenge service fees to bank guarantee provider the IT enterprise and can cost penalties towards the contractor. This acts as a security Check out to make certain that hefty budget jobs are accomplished inside a well timed style.

Personal knowledge will have to only be gathered and useful for functions The shopper has consented to, or as could be permitted by legislation;

To challenge an MT760, your bank will demand from customers you to dam a a hundred% cash margin or maybe a 3rd party assurance. When you don’t have adequate dollars resources to dam as collateral, then your BG ask for will be declined.

Having BG MT760 in hand can aid you to conclude much more deserving trade specials and contracts with principal suppliers. So, make an application for BG MT760 now & get it issued in 48 banking hrs!

• reference for the guarantee in concern, • how the applicant has defaulted to the fundamental arrangement, • the amount demanded under the guarantee and to which account the money ought to be credited.

These files usually include a formal demand from customers for payment and proof of default. At the time confirmed, the bank compensates the beneficiary up towards the SBLC’s stated amount.

Even so, there are many bankers who will judge a Bank Guarantee’s price by taking a look at the Issuing Banks background in honouring phone calls on their own Bank Guarantees, and when that record has a superb track record, the bank will approve bank guarantee provider the beneficiary’s application for just a loan or simply a line of credit.

Eventually, SBLC monetization can provide a method to further improve liquidity and liberate capital that will in any other case be tied up in an instrument That will not be utilized while in the speedy long run. This could certainly allow organizations to pursue development options standby letter of credit and benefit from favorable current market situations.

Applicants must weigh these trade-offs and think about negotiating conditions or diversifying hazards by approaching numerous banks.

The process of acquiring an SBLC is rather very simple and similar to that of acquiring any other style of LC or possibly a financial loan from the bank. A consumer simply walks into a bank or simply a economic institution and applies for an SBLC.