standby letter of credit

Descripción del producto

We had a problem with importing merchandise because of limited access to capital after credit tightened up post****8. The service offered from CFP International gave our business a lifeline. Letters of credit are expensive and hit your balance sheet hard. We never knew there was an alternative to the headaches until we found CFP. We thank them."
-Martin H. (Long Island, NY USA)

"Sometimes with our overseas manufacturers of apparel we need to purchase a letter of credit before the supplier will accept an order and perhaps we need additional liquidity to meet those requirements. CFPI helps us meet those requirements without reducing our cash on hand and it is a breath of fresh air because we have never been offered this kind of thing from a bank."
- Velma R. (California, USA)

"At first I was not sure about the idea of using a letter of credit backed with someone else's collateral. CFPI was patient and helpful in teaching me how the process works and getting me up to speed with the right products and services to grow my business. They even helped strategize the purchase of inventory on deals which we did not require their services. I would highly recommend them to any company which imports goods as a primary business activity. They are truly fantastic."
- Dinesh P. (Delhi, India)