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  •  Trade Lead Title

     Lend against Letter of credit

Trade Lead Details
Date : June 5, 2007
Offer type : [S] SELL :: Permanent Promotional Offers
Categorie : Financial Services
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Contact Informations
Company : Torresint
Country : u.s.a. u.s.a.
Contact Exporter, Seller
  •  Trade Lead Message
    The client goes to the bank where they normally do business and obtains An “””LC “”!

    The reason to include my group is that they can fund the LC at a lower interest rate than
    the bank.

    A bank usually adds 3-4.5% to LIBOR.

    My groups rate is no more than 1% over LIBOR (negotiable if the LC is for over $50M).
    luisgtorres at paris com

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