Dependable Service

At OSHER GLOBAL, our task is to assist you in obtaining or monetizing (i.e., converting into the form of currency) a financial instrument while ensuring an efficient process.† Our team of experts is adept at finding reliable financial partners that provide discounted rates for acquiring various financial instruments, such as Standby Letters of Credit (SBLCs) and similar instruments.

An SBLC, for instance, refers to a legal document where a bank guarantees the payment of a specific amount of money to a seller in the event that the buyer defaults on the agreement. An SBLC acts as a safety net for the payment of physical goods or services if an unforeseen occurrence prevents the buyer from making the scheduled payments to the seller. In such cases, the SBLC ensures that the required payments are made to the seller who has fulfilled his or her obligations. 

SBLCs are used in international or domestic transactions, and the process of obtaining one is similar to a loan application process. We provide solutions for acquiring financial SBLCs that guarantee payment for goods or services offered as stipulated in the agreement, as well as performance SBLCs that guarantee reimbursement by the bank to one party if the other party is unable to complete the project outlined in the contract within the scheduled timeline.