Documentary Credit Facilities

Documentary Letter of Credit (MT700 DLC) 

 Fast Issuance

We provide Documentary Letters of Credit (MT700 DLC) to businesses needing reliable trade payment solutions. Backed by trusted banks, our services ensure secure, fast, and flexible trade financing for companies worldwide.

Documentary Letter of Credit (DLC) Term Sheet
Parameter Details
Issuer
  • AAA-rated international banks.
  • Full compliance with UCP 600 or ISP98 rules as applicable.
Applicant
  • Corporate entities or project SPVs with a proven credit profile.
  • Backed by collateral, retainer fees, or parent company guarantees where required.
Beneficiary
  • Suppliers or exporters requiring payment assurance.
  • Trade partners engaged in international transactions.
Purpose
  • Facilitate international trade transactions.
  • Provide payment assurance to exporters.
  • Mitigate risks associated with cross-border transactions.
LC Amount
  • Minimum: $100,000 USD.
  • Maximum: $10,000,000 USD (higher amounts subject to additional underwriting).
Tenor
  • 30 days to 1 year, renewable.
  • Shorter or longer tenors available based on transaction requirements.
Retainer Fees
  • $55,000 for facilities up to $5M USD.
  • $135,000 for facilities up to $10M USD.
  • Non-refundable.
  • Payable upon term sheet execution.
Issuance Fee
  • 1.0% to 3.0% of LC face value annually.
  • Based on creditworthiness and transaction complexity.
Issuing Banks JPMorgan Chase, China Construction Bank
Interest Rates U.S. Prime Rate + 3% per annum
Maximum LC Face Value $10,000,000 USD
Conditions Precedent
  • Submission of financial statements and credit documentation.
  • Clear proof of underlying trade transaction.
  • Verification of collateral or guarantees supporting the DLC.
  • Compliance with applicable trade regulations and standards.
Security Package
  • First-ranking lien on collateral, if applicable.
  • Parent company or personal guarantees.
  • Assignment of receivables or other cash flow rights.
Disbursement Timeline
  • DLC issuance within 10-20 days after all conditions precedent are satisfied.
*financely.io – Trade & Project Finance Advisory*

Onboarding Process

Request a quote on our website by clicking here, pay the application fee and we will issue a quote within 3 business days.


Once you approve the quote, countersign the contract and deposit the retainer for us to begin fundraising.


  1. Financely hires the lead arranger & book runner to complete the debt offering.
  2. Once the funds are raised, the debtor's newly established SPV can apply directly with the issuing bank to obtain the Standby LC, using the raised capital as collateral.


Benefits of working with Financely Group

➜ Access to our global network of expert trade finance providers to help you get your letter of credit processed quickly and efficiently.

   

➜ We provide expertise in all aspects of trade finance, including Documentary-, Usance- & standby letters of credit, invoice factoring, foreign exchange, proof of funds, advance payment guarantees, and more.


➜ The whole fundraising process is handled on your behalf.


This includes offering documents, SPVs, bank account opening, and hiring investment banks & underwriters.

All our solutions are engineered to fit each customer’s individual needs.


Our team has over 20 years of experience, and we’ve helped hundreds of companies to grow their business.

Unanswered Questions? We’re here to help!

We want to know your needs exactly so that we can provide the perfect solution. Let us know what you want and we’ll do our best to help. 

Book a Consultation Request A Quote
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