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Letters of Credit

In a deal, a letter of credit is intended to put buyers’ and sellers’ minds at ease. Here’s how it works: We, as a third party, guarantee that the seller will deliver what the buyer is paying for and that the buyer will deliver the agreed-upon payment—on time and in full. To get approved for a letter of credit, the buyer will often need to prove upfront they have the funds, assets or credit needed to pay the seller. Overall, things can get complicated. So, we recommend talking it through with us first.

Inquire about letters of credit

For more info, just complete the form* below and someone from our business banking team will contact you in a manner that’s fast enough that you might think to yourself, Boy, that was pretty fast.

    Please provide us with a brief history of your business: