Our Services

Any Project Funding in Just 45 Working Days



Funding through SBLC Monetization


INSTRUMENT AND SERVICE DESCRIPTION :
Monetization of SBLC for the intention of Project Funding

We never require our clients to pay upfront fees for Project Funding and are only compensated when a project is completed. This is the agreement that we contractually possess with our clients.

Through SBLC, we can provide you with a loan, through careful negotiations with our investors. This is a loan that you will very seldom have to pay back, and if you do end up having payments, they will be at a low rate.


There are 4 Platforms that We Utilize :
 
1. Euroclear :

The Euroclear process is extremely fast, and the best part is there is no SWIFT fees. Euroclear is one of the most established financial transaction networks in the world and was founded by JP Morgan in 1968.

 
2. Bank SWIFT :

This SBLC will be delivered between the two banks through SWIFT MT799 and SWIFT MT760.

 
3. DTCC :

The Depository Trust and Clearing Corporation issues SBLCs that we accept. Again, through this process, there are no SWIFT fees, and this company was founded in 1999 and is seen as one of the leaders in the industry.

 
4. Bloomberg :

The Bloomberg process is extremely fast and there is no SWIFT fees. Bloomberg was founded in 1981 and is one of the most established financial transaction networks in the world.

Important: Our contracts also include the investor returning the Leased Instrument to the issuing bank within 15 days before the SBLC expires. This is a typical requirement of Instrument contracts

Recourse Loan Value on SBLC:
  • 10 to 500M Leased Instrument – 20% on the value of the non rated SBLC, 65% on the Value of the rated SBLC. This loan has an interest between 2% to 4% per annum and can span up to ten years in length. (SBLC will have to be blocked or renewed until the loan’s duration is complete).

  • Note: 5 % commission will be paid on all Loans.

How Long Does it Take?:
  • Up to two weeks after the paperwork is completed or a week after the instrument is SWIFT, DTCC, Bloomberg or Euroclear.

Brokers & Consultants :
  • Respected in the Industry
  • Larger Commissions
  • You Won’t Be Just Another Broker in a Chain

SWIFT Closing Process :

1. Once the paperwork is completed, the client’s sends SWIFT MT799 to the bank to set up the release.

2. The Funders' bank, after receiving the SWIFT MT799 from the client’s bank, will reply with a SWIFT MT799 RWA/BPU.

3. Once the clients’s bank receives the BPU/RWA to received the bank instrument, client’s sends SWIFT MT760 to Funders' bank.

4. Once these SWIFT MT760 are received and authenticated, our bank will respond within a week to grant the project funding.

5. At the end of a year, your banker has to return the SBLC within 15 days of the completion of the contract.

Euroclear & Bloomberg Closing Process :

1. Once the contract is signed, the client will talk to their institution and instructs them to use the Euroclear/Bloomberg Delivery to coordinate the delivery of the SBLC.

2. The client’s institution must email a certified receipt of the SBLC delivery through Euroclear.

3.Once the receipt is acknowledged the banker has a week days to grant the Funding.

4. The SBLC has to be returned not more than 15 days before the contract has been signed for a year.

Documents Required :

1. Complete the Application for SBLC Funding

2. Fill out the Application for Bank Instrument Funding and email to: info@vgctrading.com

Standards of Compliance :

1. Accepted Standard: The instrument has to be delivered by SWIFT, DTCC, Bloomberg or Euroclear from a Rated Bank.

2. Rejected Standard: Any Bank Instrument from any private financial institution

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