We are one of the leading Financial instrument providers. PillaFinance PLC is a major/Direct provider of Fresh Cut BG, SBLC, POF, MTN, Bonds, and CDs, and these financial instruments are specifically for lease and sale. We always deliver on time and with precision as set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, credit line enhancement, corporate loans (business start-up loans or business expansion loans), equipment procurement loans (industrial equipment, aircraft, ships, etc.), and more. Our financial instruments BG/SBLC are specifically for lease at leasing prices of 4+2 and 5+2 for issuance by non-rated banks, 6+2 and 7+2 of face value for issuance by HSBC London/Hong Kong or any other AA-rated bank in Europe, the Middle East, or the USA. Our BG/SBLC financing can help you get your project funded by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers. We have excellent seller sources for cash-backed Medium Term Notes (MTNs) and Bank Guarantees (BGs).
BG/SBLC LEASING PROCEDURE
We have numerous satisfied customers and issue Bank Guarantees quickly and frequently, so we don’t charge upfront fees. Instead, we require a BG issuance fee to be placed in an approved, insured European escrow account. Your escrowed funds won’t be released until the instrument is issued and you’re 100% satisfied with our services. If you’re not satisfied, you can request a refund from the escrow attorney, and we’ll recall the instrument while the escrow company returns your funds.
With over 15 years of experience and a 97.9% satisfaction rate, we’ve consistently delivered BGs and SBLCs to reputable companies.
Our Process
1. Client/Mandate sends a copy of the Signatory’s Client Information Sheet.
2. Within 24 hours, PillaFinance PLC issues a contract and escrow agreement.
3. Both parties sign the escrow agreement, and PillaFinance PLC appoints the escrow attorney.
4. Client escrows bank transmission charges to the approved European escrow agent or attorney.
5. Upon confirmation of the escrow deposit, Provider issues a countersigned contract.
6. Within 3 banking days, PillaFinance PLC swifts the MT799 to the Client’s designated account.
7. Client’s bank responds to MT799, and PillaFinance PLC sends the MT760.
8. Once the Client confirms MT760 in their account, the escrow company is notified to release the issuance fee.
9. The Client then has 30 days to pay the remaining fees to PillaFinance PLC.