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Commodities|FAQs|Videos|Case Studies
support@groupfunding.org +1 (757) 522-1046
Commodities|FAQs|Videos|Case Studies

Group Funding Blog

Are you searching for the right trade finance solution to conclude your trade deals or contracts? Stay tuned with our Group funding Blog Section! We frequently update our blog section by posting informative news, and articles related to trade finance services. We maintain this blog section for our visitors to help them to learn; how they can make use of Bank Instruments to grow their business both globally and locally.

All the materials posted here will provide a clear insight into the trade finance facilities available for importers, exporters, and contractors. Whatever your trade finance requirements are, our team is here to help you by providing the best solution for your business! Bookmark our blog page & keep yourself updated!

Latest Blogs

Bank Guarantee Vs Surety Bond – Bank Guarantee Providers

Bank Guarantee vs. Surety Bond – What’s the Difference

Bank Guarantee vs Surety Bond are used to protect the parties involved in the supply of goods or projects. Further, these MT760s assure if any default occurs; and then, the banks will be liable to pay as per the terms.
Different Types of Financial Instruments – Trade Finance Providers

Different Types of Financial Instruments

The world of global trade has been growing ever; i.e. because as more and more traders are doing import and export to fulfill their needs. Also, for this, traders make use of types of financial instruments to conclude their trade deals.
LC Payment at Sight – DLC MT700 – LC Providers – Imports and Exports

What is LC Payment at Sight in Imports?

LC Payment at Sight, the payment term used in international trade finance to secure trade dealings from financial risks involved. Also, it gives more assurance for payment; so mostly preferred by sellers, who often do overseas trades.
Difference Between MT799 and MT760 – SBLC MT 760 – BCL MT 799

Difference between MT799 and MT760: MT799 vs MT760

MT799 Vs MT760 – MT799 used as a certification to prove the financial capability. Further, MT760 acts as a guarantee of the payment upon the fulfillment of certain T&Cs. In brief, we have provided the Difference between MT799 and MT760. So, if you want to know more, continue reading the blog!
LC Terms and Conditions – LC MT700 – LC Providers

Documentary LC Terms and Conditions

Documentary Letters of Credit have been used for centuries to facilitate payment in global trade dealing. Further, ICC – UCP rules for Documentary Credits govern LC Terms and Conditions. Also, read this blog to learn more on LC Terms and Conditions.
How Letters of Credit Work - LC MT700 - Letter of Credit Providers

How Letters of Credit Work?

Letter of Credit, a written undertaking issued by a bank, on behalf of its client, i.e. an importer or a buyer. This acts as a promise from a bank to make the payment to the seller, once they meet certain conditions. See How Letters of Credit work for trade transactions.
Difference between LC and SBLC

Difference between LC and SBLC: Letter of Credit vs Standby Letter of Credit

Do you want to know the difference between LC and SBLC? Of course, both are the most popular financial instruments used in international trade transactions. Also, it helps traders to conclude their trade deals successfully!
LC Opening - How to Open LC - Document Required for LC

What are the Documents Required for LC Opening?

Looking to avail Letter of Credit to facilitate your global trade? But, not sure, where to start? Also, don’t have an idea of what documents required for LC opening? Indeed, we are here to help you!
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Recent Success Stories

Bank Guarantee Facility | Financial Guarantee| Letter of Guarantee

Issued Bank Guarantee Facility for an African Buyer to Import Cars from Dubai

Documentary Credit – Letter of Credit - LC at Sight - MT700

Issuance of Documentary Credit for a Chinese Buyer to Import A+ Chicken Paws from Brazil

Standby Letter of Credit Providers – SBLC MT760 – Standby LC

Standby Letter of Credit Providers in Canada Facilitated MT760 for Gas Oil Import

Trade Finance in Canada – Standby Letter of Credit – SBLC MT760

UAE Buyer Imported Sugar from Brazil by Availing Trade Finance in Dubai

LC Issuance – Letter of Credit – LC at Sight – LC Providers

Successful LC Issuance to Import Toyota Hilux Pickup Trucks from UAE

Letter of Credit Issuance – LC Providers in Canada – Scrap Metal Import

Letter of Credit Issuance from European Banks for a Dubai Trader

LC Payable at Sight – LC Providers in Dubai – DLC MT700

Issued LC Payable at Sight to Import Bitumen from UAE

SBLC Payment Term – SBLC Providers – Standby LC – MT760

Sudan Buyer Imports S30 Sugar from India on the basis of SBLC Payment Term

Letter of Guarantee – Bid Bond Guarantee – Bank Guarantee Providers

Construction Firm Requires Letter of Guarantee for Submitting their Tender

MT700 Swift – Letter Of Credit Issued By Bank – Group Funding Success

Group Funding’s Success in Issuing MT700 Swift on Behalf of a Turkish Buyer

Usance LC – Letter of Credit Providers – LC MT700 – Group Funding

Indian Trader Availed Usance LC to Import High-Tech Thermal Camera Kits from Dubai

SBLC Credit – Import Credit – SBLC Providers

Chinese Trader Received SBLC Credit to Import Cars from Germany

Payment Guarantee in Construction – Advance Payments

Group Funding Issued Payment Guarantee in Construction On Behalf of a Canada Construction Company

Performance Bank Guarantee – MT760 Guarantee - Surety Bond

A Canada Construction Contractor Availed Performance Bank Guarantee from Us

Letter of Credit Providers - LC MT700

A Japan Scrap Trader Required LC MT700 to Import Millberry Copper from a UK Supplier

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