Financial instruments are extremely important in business, particularly in trade and cross-border operations. TACB has extensive experience in dealing with such financial instruments and ensures a seamless transaction completion. Trading firms might benefit from this service because the terminology in financial instruments such as LC and SBLC can be complicated. TACB provides the following services to their clients:
- Credit Limits for Receiving and Operating Financial Instruments are arranged for clients.
- Back-to-back issuing of LCs
- Issuance of Sight LC
- Usance Issuance and Discounting of LC (Post Acceptance)
- Issuance of SBLC/BG
- Monetization of SBLC/BG
- Issuance of a Performance Guarantee
Often, a small business owner will want to invest in these areas to help their business grow, but find the idea of dipping into their cash flow quite daunting. This is where a business loan comes in handy, as it gives you a quick injection of cash to fund your growth, which you simply pay back in small amounts at regular intervals.