One of the least understood yet most powerful corporate finance tools is the Letter of Credit (LOC). While it is used fairly extensively by larger companies, many small to medium business operators have not had the opportunity to leverage this valuable vehicle for their enterprise. The IBS, N.A. Standby Letter of Credit Program is often the “missing link” that a business needs to unlock its true growth potential. With an underwriting process which is typically more flexible than those offered by depository banks, our clients are able to obtain a reliable LOC with the certainty of execution.
Performance Letters of Credit (PLC): IBS, N.A. originates PLC’s to safeguard its client’s commitment to performing services in a timely and satisfactory manner. IBS, N.A. PLC’s have been leveraged by a diverse group of companies from services providers requiring guarantees for government contracts, to manufactures and distributors seeking to earn large private contractors.
Standby Letters of Credit (SBLC): IBS, N.A. provides SBLC’s to guarantee large inventory purchases required to fulfill purchase orders. When cash-on-hand is not readily available for inventory purchases. Our SBLC’s have been used by distributors manufacturers and retailers to provide repayment guarantees to suppliers for the delivery of critical inventory.
Learn how IBS, N.A. drives over 3,500 small and middle market sized companies through its nation-leading corporate finance programs via the buttons below and reach out to a Relationship Manager for more information:
Institutional Banking Services, N.A. CORP
Fort Lauderdale Office
Mailing and Appointments
401 E Las Olas Blvd
Fort Lauderdale, FL 33301
Boca Raton Office
101 Plaza Real S
Boca Raton, FL 33432
Capital Funding Solutions Office
2021 Tyler Street
Hollywood, Florida 33020
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