Bank Guarantees (BG) and Standby Letters of Credit (SBLC) are two of the most trusted financial instruments used in international trade and project financing. A Bank Guarantee acts as a safety net, assuring a beneficiary that payment will be made if obligations are not met. On the other hand, an SBLC serves as a powerful credit enhancement tool, ensuring that the buyer or client fulfi... https://www.ganarltd.com/business-loan/bg-sblc.html