SBLC - PURCHASE + LEASE
We have direct relationships with platforms for purchase or lease Fresh Cut SBLC and purchased Slightly Seasoned SBLC. We have certain procedures which we keep to that ensure an efficient, successful process with a minimum of fuss in execution.
Please read on for a full outline of how we work.
​RULES OF THE ROAD
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We will always update Intermediaries when things happen.
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We protect intermediaries with an NCNDA and Fee Agreement up front.
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We are happy to accommodate intermediary chains but we cannot work through them. We must have direct access to the client.
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All clients must provide a full CIS and POF or BCL.
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Markets decide the price and banks price risk accordingly. The Platforms we work with cannot confirm a price until a contract is issued.
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The Platforms we work with do not issue DOAs or Draft Contracts before their DD is finished.
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DD takes as long as it takes.
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If a file has been shopped it does not necessarily our Platforms cannot work with them, but it does mean DD will take longer.
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We only work with respectful and professional people.
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Clients must move quickly or they will not get what they want.
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It is a Sellers market; clients must understand this.
We then pass the file to the Platform. If they like the file they will engage and conduct their DD. This may take days or weeks and all involved must be patient.
After DD has been completed the platform may issue procedures which must be agreed before contact, or they may ask for a call directly which we arrange with the client.
Once we have connected the Platform and the Client we will receive updates when milestones are reached and report them back to intermediaries involved.
For more information contact Ben Hawkes on ben@the-argyll.co.uk.
NEXT STEPS
​PRE-ENGAGEMENT
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We will speak to the intermediary to understand the basics of the file and requirement.
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We will issue an NCNDA and Fee Agreement to all intermediaries. The Fee Agreement will always be on an equal split model of the available fee. If groups are to be formed this is when that happens.
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We will then request a CIS and POF/BCL.
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We will accept the case if we believe we can place it.
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We will then ask to be connected to the client and arrange a call to discuss their requirements in terms of, face value requirement, price expectations, use of the Instrument, source of funds and previous experience.
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Disclaimer Notice: We are not a United States Securities Dealer, Broker or US Investment Adviser. We are business facilitators/consultants and make no warranties or representation as to the buyer, seller or transaction. Presentation of this information is not intended to be, nor should it be construed to be an offer to sell securities, or a “security offering”. Each party has not relied, in this private transaction, upon the United States Securities Act of 1933 or other regulation and/or laws with regards to the security act. Furthermore, the parties declare that they are not licensed brokers and that they mutually agree upon the exemption of this private transaction for the securities act or other related regulations since this is a private business transaction between private parties and are not intended for the general public. This website is neither a solicitation nor an offer for the products or program described herein. The details are for informational purposes only and are subject to change without prior notice. Upon inspection of this web page the recipient hereby acknowledges this disclaimer.