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A Standby letter of credit (SBLC) or Guarantee is an undertaking to pay in the event of default. Standby letters of credit and Guarantees can be written in a number of different ways, allowing them to be applied to many different types of transactions. Our standby letters of credit have been used for

- Purchase and sale of goods
- Credit Enhancement
- Real Estate
- Proof of Ability

Because Standby Letters of Credit and Guarantees are so versatile, it’s impossible to give a description of all the different types of transactions that they might be right for. If you have a transaction that you think might be for a Standby or Guarantee, please speak with one of our agents.