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Products & Services

Start-up Finance

When seeking funding for a start-up, you must begin by putting together a good business plan. It must show potential backers or lenders that your ideas are viable and fully costed.

Project Finance

At Bachmann & Welser we are able to provide independent advice on project finance. These facilities are offered by finance products and are considered on a case by case bases. Most funds will require a commitment from you when they have issued a Letter Of Interest (LOI) or Decision In Principle (DIP).

Standby Letter of Credit (SBLC)

A Standby Letter of Credit (SBLC / SLOC) is a guarantee that is made by a bank on behalf of a client, which ensures payment will be made even if their client cannot fulfill the payment. It is a payment of last resort from the bank, and ideally, is never meant to be used.

Letter of Credit (LC)

A Letter of Credit is a contractual payment undertaking issued by a financial institution on behalf of a buyer of goods for the benefit of a seller, covering the amount specified in the credit, payment of which is conditional on the seller fulfilling the credit’s documentary requirements within a specific timeframe.

Bank Guarantees (BG)

With a bank guarantee you can cover performance and payment obligations – for example, when submitting tenders or signing contracts, making advance payments, securing credits or delivering goods made on open-account terms.

Proof of Funds (POF)

A document that demonstrates that a person has the ability and funds available to use for a business transaction. It usually comes in the form of a bank, security or custody statement. The purpose of the document is to ensure that the funds required for the transaction are obtainable and legitimate

Guarantees

A Guarantee is a promise of payment from the Guarantor to the Beneficiary that the Guarantor will pay the beneficiary when the beneficiary submits certain documents or makes a specific demand to the Guarantor in a certain manner time or place.