Unlock the door to financial possibilities with our tailored solutions, designed to assist clients in various circumstances:
When your credit score falls short of institutional requirements,
If a high Debt To Income Ratio is holding you back
Overcoming the challenge of a high Loan To Value Ratio
When the Debt Service Coverage Ratio seems insurmountable
Liquidity constraints or limited facility
If your collateral seems inadequate
A new company with no financials
Our solutions are crafted to empower your future, regardless of your past. As a Middleman in the transaction, we’ll connect the dots and ensure a smooth and successful deal.
At Maruti Associates, we believe that every challenge presents an opportunity for growth. Let us be your trusted partner in overcoming obstacles and achieving financial prosperity.
Includes
Each instrument is tailored to suit the requirements of each transaction. We have Prime and non Prime Banks in place.
Documentary Letter Of Credit (DLC ,LC Sight ) ( AA rated we have prime bank DLC .LC).
Standby Letter of Credit (SBLC) (We have prime bank SBLC which are rare in the arena).
Bank guarantee (We have prime bank BG which are rare in the arena).
Performance Guarantee.
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods.
The Standby Letter of Credit (Standby LC) is, like the guarantee, commonly used to cover the risk of a contract party not fulfilling agreed obligations, for instance failure to pay or deliver. Standby LCs can be used in open account trade as well as a complement to collections and documentary credits (DCs). (MA has prime banks SBLC without collaterals which are rare in the arena ).
Under a bank guarantee, if the buyer is unable to make the payment to the seller or creditor, then the bank pays the fixed amount to the seller as the obligations of the contract are not met. On the other hand, under a letter of credit, the bank makes the payment to the seller once he or she delivers. (MA has a prime bank BG without collateral which is rare in the arena).
A performance guarantee is an enforceable commitment by a corporate entity to supply the necessary resources to a prospective contractor and to assume all contractual obligations of the prospective contractor.
