Letters of Credit

Letters of Credit

A handshake used to be all you needed to solidify one's word. Today, big business is a very different landscape. A letter of credit can provide your business with extra credential support to enhance your possibilities with a new supplier — especially when it comes to international commerce. Nobody knows your finances better and wants you to succeed more than a local bank rooted in your community.

Features
  • Assure guarantee of payment
  • Make business transactions go more smoothly
  • Increased vendor confidence
  • Can sometimes be used in lieu of security or insurance bond
  • Get additional leverage and bargaining power