Bank Instruments Consulting
Sunset Finance Company,Inc, we pride ourselves in the excellence and diligence of our funds managers,Financial Experts bringing the octane blend of experience and expertise to convert assets and equity, resources and hedge funds, into a desired scalable contrivance that delivers value to both stakeholders and end users.
With support of our partners/investors and With the support of our corporate banker we may apply for the following bank instruments on behalf of our clients. :Ready, Willing and Able Letters(RWA).
A will and execute letter is a bank certificate stating that the person or company is capable of performing a contract.
Bank Guarantee and Tender Guarantee(BG).
A line of credit is when a bank promises to lend a certain amount of money to a borrower.A guarantee of credit is when a bank promises to make good on a loss if the borrower of a loan defaults.
Proof of FundsProof of funds is a document or statement given by a bank confirming that a person or entity has a given amount of money available.
Stand By Letter Of Credit.(SBLC).
SBLC lease refers to the process of leasing a bank guarantee to a third party for a specific fee1. The issuing bank conducts due diligence on the creditworthiness of the customer and then leases a guarantee to that customer for a set amount of money and over a set period of time Bank Comfort Letter
It is a written undertaking by a bank to assure the financial capability of their client to sign the contract. The letter confirms that the buyer has sufficient funds to complete the business deal as pre-agreed
