Eugina Chan - Julie Tong - [email protected]

Scammer and time waster with a fanciful financial opportunity.

Haven't we seen a lot a lot of traffic on the internet about the buy and sell of BG, leases of SBLC etc, and other rubbish peddled by local scammers.

Here are some facts!

There is no such thing as a lease of an SBLC or BG.

There is no such thing as a buy or sell of SBLC or BG.

SBLC FC are only available from YOUR bank for you to direct or from a client of yours directed to you. These cost of those SBLC are about 104% of face, that is the 100% of the value and the processing fee.

Banks do not expose themselves to risk without security. Only on the net do you see that advertised.

So how can all these people be wrong. Its pretty simple really, they do not understand banking and they do not understand risk. Just think how stupid it is for a bank to take the risk for 100m for a lease fee of say 7%. Quick way to go broke and I havent met many silly bankers in my time in this business.

The genesis of the lease business is based on not understanding SBLC. Despite what they say, ultimately someone has to take the risk. That is why these deals always end up in trouble with accusations flying, but it is simply impossible so those who try and get the lease are as much to blame as those who offer it.

There is only two ways to get and SBLC. The first is you approach your bank, and they issue the SBLC and take security for the value of the SBLC plus a fee.

The other way is to have someone who has surplus assets on hold at the bank to issue one on your behalf. Now that is not easy as they carry the risk and need to be recompensed for that. They do this for for Boeing, and Tesla etc, not for people on the net

Then there are assignments, that is where an SBLC value has already issued, and where it can be assigned to a new client. These are available via a few suppliers, probably only about twenty in the entire world.

It is a specialised business.

These assigned SBLC can be used for loan purposes, for programs and for monetisation, but please, that is not again as you read all over the net, banks will only monetize if you are a client of the bank... and it is a loan, and you have to pay it back and meet all the banks terms.

We specialise in assigned SBLC. We can provide from 5 to 100m assignments for approved projects. Clients have to be credit worthy, have good bank relations and not expect us to take 100% risk. If you have no equity in the project, we will not consider it.

We can make arrangements for fee payment which need to be legal. There is no such thing as DVP, so dont ask.

Projects or programs must be completed in 11.5 months, no exception.

To apply we need a one pager (not one line demanding a 500m SBLC tomorrow) just setting out the proposed recipient, the purpose, the net tangible assets (NTA) of the recipient, the purpose of the SBLC, the receiving bank, and the credit worthiness of the proponents.

If you can do that, then we will consider it. We do about ten per week, so the process is pretty simple if the applicant complies. Costs vary but take between 3.5% and 6% as a guide.


Write me if you have a real need for you or a client, and we will protect your commission.

Eugina Chan, Attorney at Law


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Other name with the same email address: Julie Tong
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SBLC
Small Caps
PPP

I can supply SBLC from 2-50m to approved applicants (not DVP) for a good price. (not sale or lease)

I have access to conservative PPP and small caps, if you want.

Julie
[email protected]