Elro Vision Ltd offers Cash-Backed (BG) Bank Guarantees and Standby Letters of Credit (SBLC), We provide reliable finance to importers, exporters, and trading companies, especially those who are looking to expand their business.
We understand that financing needs differ from business to business. Whether you are a small business owner, mid-size or larger business operation, our financing solutions are tailored to help your business grow and thrive so you can focus on running your business and serving your clients.
We build and maintain strong relationships with our clients, and have been recognized as a leading provider of corporate lending products globally. We work with our clients to structure financing solutions that work for them and have the ability to quickly arrange finance
Standby Letter of Credit (SBLC) refers to a legal instrument issued by a bank on behalf of its client, providing a guarantee of its commitment to pay the seller if its client (the buyer) defaults on the agreement.
Letter of Credit (LC) is a contract under which a bank agrees to pay the seller, in connection with the export of specific goods,against the presentation of specified documents relating to those goods.