Faster payment
for goods, coming or going, from anywhere in the world.
Delays in funding mean loss of productivity and profitability for
your company. One way to minimize costly delays is by offering your
customers a letter of credit. Our letters of credit are recognized
and valued by both the domestic and global business communities,
providing assurance of not only payment but also strength.
As part of our suite of commercial financial services, we work
with traditional banks to obtain Standby Letters of Credit for our
customers. A Standby Letter of Credit is a viable solution for:
- Payment assurance for open account transactions and other financial
obligations
- Bid, performance, advance payment, and warranty bonds
- Credit enhancements
- Insurance requirements, including workers’ compensation
|