About Erac UK Finance Ltd.
Erac Uk Finance Limited with company number 02951454, is a financial management that provides financial services across the globe with Nature of Business (SIC) 70221 –We provide flexible primary financing solutions and engage in secondary market investing across the capital structure. Trade Finance, Commercial Loans, Investment Loans, Monetization, Oil and Gas Loans, etc.
MONETIZATION
Whatever bank instruments you have, we can provide our Monetization Services.
Bank Instrument Monetization is a low-cost, low-risk method of trade finance that monetizes inactive financial instruments by converting them into cash or cash equivalent by liquidating the instruments. We offer monetization of Bank Instruments from top-rated banks and non-rated banks. LTV is normally 70 to 80% or depending on the issuing bank. Standard Swift B to B procedure MT760.
What is Monetization? Monetization is, broadly speaking, the process of converting something into money. The term has a broad range of uses. In banking, the term refers to the process of converting or establishing something into legal tender. The action or process of earning revenue from an asset, business, etc.
BANK GUARANTEE MONETIZATION
Monetizing a bank guarantee means raising finance or a credit line against it. If you have a Bank Guarantee (BG), you will be able to monetize it. For bank guarantee monetization and to raise finance against it, it’s paramount that the bank guarantee has been specifically formulated to raise finance. Monetizing the Bank Guarantee liquidates the bank guarantee and uses it as reinforcement for cash. Almost any bank guarantee all over the world can be used to fund a project and it can be a leased or owned Bank guarantee which must be from rated banks.