Financing of high value business ventures by traditional banking methods may pose an unnecessary burden on the project owner as a legal charge on assets and personal guarantees are invariably required by lenders.
24KGROUP Limited provides innovative business funding solutions whereby leasing a Bank Guarantee (BG) or Standby Letter of Credit (SBLC) can help your business to enhance its credit and raise the project finance required. Our U.K based company is headed up by a team of finance professionals who have over 30 years experience in banking and trade finance and are ready to assist you.
We act as business consultants and can arrange for your organisation to lease a BG or SBLC issued by a top 20 world bank in order to secure finance for your project. This is achieved by our company working directly with a provider who can deliver results.
If you already have a credit facility approved for your project then we will arrange for the required bank instrument to be delivered by SWIFT MT- 799/ MT-760 to the beneficiary account of the receiving/ funding bank.If you do not have funding in place then we can arrange a non-recourse loan and monetise a Bank Guarantee or Standby Letter of Credit for you. The process is simple but only works if the client collaborates and works closely with us, the bank instrument provider and monetiser through the entire transaction process.
In the case of non-recourse funding via a leased BG or SBLC, as explained further, the monetiser will usually require the client to enter into a Joint Venture Private Placement Program which will pay out a share of the trading profits for project funding purposes.
For high net worth clients who are interested in investing in a Private Placement Program (PPP), 24KGROUP Limited is able to make introductions to trading desks which operate out of London, Switzerland and Singapore. For further details, please refer to the section on Private Placement Programs.
We should emphasise that our company does not provide investment advice. It never holds or receives third party client funds and only acts as an introducer or as a consultant.