Standby Letters of Credit (SBLCs) are financial instruments that can be leveraged to create liquidity. Monetizing SBLCs are generally provided by banks and serves as a guarantee of payment to a beneficiary in the event that the applicant defaults on their contractual commitments. An SBLC can be monetized to turn it into cash, which gives firms access to money for a variety of uses lik... https://www.ganarltd.com/business-loan/bg-sblc.html