SBLC - Complete Non Recourse Loan and Recourse Loan Monetization

SBLC - CompLete NoN ReCouRSe LoaN aNd ReCouRSe LoaN moNetizatioN

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StaNdBy LetteR of CRedit (S BLC) iS aN iRRevoCaBLe doCumeNtaRy CommitmeNt iSSued By a BaNk to a thiRd-paRty BeNefiCiaRy iN CaSe the CLieNt/BuyeR iS Not aBLe to fuLfiLL itS fiNaNCiaL oBLigatioN to the BeNefiCiaRy/SeLLeR.

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