Important Disclosure. For corporate sponsors and accredited investors. Not a public offer. Local restrictions may apply. Prepared September 2025.
SBLC, BG, DLC, UPAS & APG Underwriting and Placement Agent
We structure and place standby and documentary trade instruments so they fund. We arrange SBLC, BG, DLC, UPAS LC, and APG issuance, raise margin where required, coordinate confirmation and discounting, and set controls that credit can approve. Minimum aggregate commitment: USD 10,000,000. Direct funding on select files; otherwise we act as arranger with banks and funds.
USD 10M+
Minimum facility.
8–14 Weeks
Typical execution.
Issuer Network
Banks and programs that clear KYC.
Arranger or Direct
Path set by risk and controls.
Who We Serve
Producers & Miners
Metals, concentrates, energy and agri with contracted offtake and tight logistics.
Processors
Refiners, smelters and manufacturers that need working capital and inventory turns.
Traders & Distributors
Cross-border shipments with named buyers, confirmed receivables and stock finance.
Team Qualifications
Trade Finance Desks
Ex-bank coverage, LC confirmation and forfaiting. We know what clears committee.
Structured Credit
ABS/receivables: eligibility, waterfalls, triggers, reporting.
Risk, Docs & Ops
Title wording, LOUs, controlled accounts, notices, inspections.
Legal & Compliance
UCP 600 / ISP98 / URDG 758. KYC, sanctions, AML from the start.
Instrument Quick Guide
| Instrument | Use Case | Ruleset | Tenor | Key Controls |
|---|---|---|---|---|
| SBLC | Performance or payment standby to support prepayment or trade debt | ISP98 or UCP 600 | 6–36 months | Title wording, assignment of proceeds, notices, insurance |
| BG | Guarantee securing obligations under supply or EPC contracts | URDG 758 | 3–36 months | Underlying contract, claim mechanics, expiry and cap |
| DLC | Commercial LC securing shipment payment | UCP 600 | Up to 360 days | Docs by Incoterm, inspection, transport control |
| UPAS LC | Usance to buyer; sight to seller | UCP 600 + bank terms | 60–180 days | Confirmation, discount line, reimbursement terms |
| APG | Advance payment guarantee to secure buyer prepayment | URDG 758 | Through delivery/milestone | Milestone tests, inspection, shipment evidence |
DLCs reference UCP 600. Standbys reference ISP98. Guarantees reference URDG 758. Reimbursement can reference URR 725.
What We Arrange
Issuance
SBLC, BG, DLC, UPAS and APG via banks/programs that fit jurisdiction, counterparty and collateral.
Margin & Collateral
Cash margin, collateral accounts or high-grade security under perfected control.
Confirmation
Lift risk to the confirmer to reduce country and collection exposure.
Discounting & Forfaiting
UPAS discount, DLC discount and receivables purchase against confirmed/insured paper.
Securitization
Programmatic placement of eligible trade assets into notes for qualified investors.
Risk & Hedges
FX/commodity hedges aligned with covenants and cash cycles.
When We Fund Directly
Ticket & Tenor
Typical tickets USD 5–25M per file inside a USD 10M+ program. Tenor 60–360 days on self-liquidating flows.
Security Package
Control of title, buyer notices, assignment of proceeds, controlled accounts, inspections. Insurance where needed.
Use Cases
UPAS confirmation & discount, confirmed DLC discount, SBLC-backed prepay with tight controls, short-dated inventory turns.
Direct funding is offered by affiliated vehicles case-by-case and only after KYC, sanctions and collateral verification.
Documentation & Controls
Core Docs
Contracts, POs, invoices, BL/AWB, warehouse receipts, inspections/assays, certificates, insurance by Incoterm.
Control
Title wording, LOUs from terminals, controlled accounts, assignment of proceeds, perfected security and buyer notices.
FAQs
Do you fund directly?
On select deals, yes. Otherwise we act as arranger with banks and funds. Both paths start with underwriting and controls.
Can you raise margin to back LCs?
Yes. We arrange cash margin or collateral accounts from qualified parties under perfected security and clear legal terms.
Minimum size?
USD 10,000,000 aggregate. Below this, issuers rarely allocate limits for cross-border files.
Which banks issue?
Issuer selection depends on jurisdiction, risk and limits. We prioritize banks that clear KYC and compliance on all parties.
What improves terms?
Audited reporting, strong buyers, confirmation/insurance, clean corporate structure, and tight title/logistics control.
What if credit declines?
We close the file and explain why, with a concrete fix list. You keep our feedback memo and data room checklist.
Sectors & geographies?
Global: metals, energy, agri, fertilizers, FMCG, and select industrials. Sanctions and AML screening apply.
Upfront costs?
Our retainer plus third-party costs such as KYC, inspections, insurance, legal and bank fees.
Request SBLC, BG, DLC, UPAS or APG Support
Send your pack. We’ll line up issuers, margin, confirmation and discount lines, then drive to execution. Direct funding available on select files.
Start Your RequestDisclaimer. All facilities are subject to KYC/AML, underwriting, collateral verification, sanctions checks and final documentation. Best efforts only. Terms can change after diligence.
