Should You Purchase Or Lease SBLC – Standby Letter Of Credit

Lease SBLC

People often confuse between a Standby Letter of Credit (SBLC) and a Bank Guarantee. Before seeking startup business loans, loan lenders should know the difference to ensure they have real information.  What is SBLC? SBLC is an agreement that safeguards in case of nonpayment by either of the parties mentioned in the contract. In other … Read more