Commodities|FAQs|Videos|Case Studies
Commodities|FAQs|Videos|Case Studies

Group Fundning Success Stories

Here is the portfolio of our successes in assisting our clients globally with their trade finance requirements. By having our own bank accounts with International Repute Banks, we have marked our presence as a Trade Finance Provider in Singapore, Malaysia, Ghana, Nigeria, USA, and UK, UAE, Hong Kong, and more than 100+ countries. Whether you require – Letter of Credit, Standby Letter of Credit, or BG MT760s for your trade deals or projects, we are always here to assist you! Below are some of the testaments of how we served the trade finance needs of our clients. Read Group Fundning Success Stories now!

Recent Group Fundning Success Stories

Letter of Guarantee – Bid Bond Guarantee – Bank Guarantee Providers

Construction Firm Requires Letter of Guarantee for Submitting their Tender

A Contractor reached out to us to avail Letter of Guarantee to submit a tender for a new office building project. Firstly, we, the Bank Guarantee providers in Dubai listened to their request. Further, we helped them by providing tender bid on their behalf. And then, with the issued bond, the client honor the terms of the bid. Finally, they signed the worthy contract with the project owner. Further, read our success story to know how we serve the trade finance needs of our clients.
MT700 Swift – Letter Of Credit Issued By Bank – Group Fundning Success

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

A Turkish buyer required LC MT700 Swift to import Wet Salted Cow Hides from USA. Group Fundning, the Letter of Credit Providers helped the buyer by providing LC MT700 swift from a rated Bank. Further, with the issued LC MT700, the Turkish buyer concluded their deal with the US supplier. Read the full story to know how we, the financial instruments providers helped the Turkish trader to conclude their Cow Hide Deal by providing the required DLC.
Usance LC – Letter of Credit Providers – LC MT700 – Group Fundning

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

Many countries are preparing to lift restrictions to protect its economy from the aftermaths of COVID -19. And this increases the demand for PPE supplies, especially gloves, masks, and thermal checking and screening devices. To meet this demand and to earn handsome profits, an Indian trader decided to import Thermal Cameras by using Usance LC as a payment term. Read this story to see how we helped the Indian trader to open LC.
SBLC Credit – Import Credit – SBLC Providers

Chinese Trader Received SBLC Credit to Import Cars from Germany

After the recession in the economy, the leading automobile dealer in China has planned to expand its car sales business to make more profit out of it. Hence, they decided to import cars from Germany using packing credit. Group Fundning, the SBLC Providers in Dubai facilitated SBLC MT760, which helps the trader to avail Import Credit / SBLC Credit facility from their bank to import cars from the German supplier.
Payment Guarantee in Construction – Advance Payments

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

The leading construction contractor in Canada required a Payment Guarantee in Construction to get the advance payment from their project owner. So, they contacted us with their MT760 request. We studied and approved their request. Further, Group Fundning, the trade finance providers in Dubai helped them by providing the required bond without blocking their cash funds.
Performance Bank Guarantee – MT760 Guarantee - Surety Bond

A Canada Construction Contractor Availed Performance Bank Guarantee from Us

Amidst COVID 19 Pandemic, the building contractor in Dubai got a building project from one of the developers in Canada. To sign the contract and to assure the positive completion of the project; a Canada contractor required Performance Bank Guarantee on their behalf. So, they decided to get help from Performance Bond Providers and contacted us with their MT760 request.
Letter of Credit Providers - LC MT700

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

Millberry Copper comes with high thermal and electrical conductivity and also it can be recycled 100% without any quality loss.  Mostly, this type of copper scraps is used in the electrical industry and machinery. Further, to meet the need for scraps, a Japan trader decided to purchase 4000 metric tons of 99.99% millberry copper. And to secure the deal, they decided to use LC MT700.
BCL Bank – Letter of Comfort – MT799 – Trade Finance Services

Libyan Trader Required BCL Bank to Import Drilling Rig Equipment from the U.S.

Global oil demand continues to expand its shares across major markets. So, Oil and Gas Company in Libya decided to expand their production to meet emerging demand in the near future. To stand ahead of the competition, a Libyan trader decided to procure drilling rig from reliable exporters. Group Fundning assisted the trader with BCL Bank that proves their financial worth to purchase oil rigs.
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