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Latest Trade Finance News and Updates

Read this news section to find our latest updates – from structuring new transactions, signing service agreements & concluding our clients’ deals! We, the leading Trade Finance Providers in Canada maintain this platform to provide great insights to our clients by keeping them updated with our recent updates.

Contact us today to get support for all your trade finance needs! If you have any trade deal pending in hand that requires – Letter of Credit, Standby Letter of Credit, or Bank Guarantee, you can always rely on us! Stay tuned with our latest news and updates to know how we are helping our clients to make their presence in the world’s trade market!

Recent News

180 Days Letter of Credit at Sight – Client Visit to Our Office to discuss their LC Requirement!

April 22, 2021
Group Funding is proudly announcing that we have recently had a fruitful discussion with our client, in regards to their Letter of Credit at Sight transaction. Also, being a Letter of Credit Providers in Canada, we continue to serve the trade finance needs of our clients; in an effective and timely way.

Group Funding Structured Comfort Letter to Import EN590 Diesel Fuel

March 11, 2021
Group Funding structured Comfort Letter on behalf of a Hong Kong buyer to import EN590 Diesel Fuel from Rotterdam. Further, this BCL MT799 we have issued certifies that the buyer is financially stable to embark on this deal.

Group Funding Successfully Structured Import LC for a Canada Trader

February 4, 2021
Group Funding has now announced their recent success in structuring Import LC; on behalf of a Canada, trader to import copper wire scrap from India. Further, the deal has been concluded for the value of LC, USD 450,000; with a tenure of 90 days. Also, this recent deal has added one more star to our track record.

Group Funding Receives a New Bank Guarantee Request to Import TEXOL Ultra Max Lubricants

Group Funding received a Bank Guarantee Request from a Client for the tenure of 90 Days to Import TEXOL Ultra Max Lubricant Engine Oil. Further, our trade finance team has started the work on this transaction. Moreover, we are doing our best to conclude this deal within 48hrs! Further, stay tuned with our Trade Finance News section to know more!
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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 Canada

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 Canada Trader

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

Issued LC Payable at Sight to Import Bitumen from UAE

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