We arrange funding against ISP98 or UCP600 letters of credit, so your lender can green-light the loan

SK Capital provides balance-sheet support for sponsors who need a fast, lender-ready guaranty. Our capital partners issue third-party guarantees via ISP98 or UCP600 standby letters of credit, priced at USD 32,500 per million of commitment.

The structure is simple, liability is clearly defined, and the credit package aligns with standard mezzanine and bridge-loan requirements.

What we do

- Pre-vetted guarantors with verified cash on hand

- Fixed cost: USD 2,500 per million of coverage

- Delivery via ISP98 or UCP600 standby letter of credit if required

How it works – from form to funding

Step 1 – Intake & structuring (Days 1 – 7) • Complete the five-minute online form • We size the guarantee, lock pricing, and issue a term sheet for an ISP98 or UCP600 LC

Step 2 – Underwriting (Days 7 – 14) • We conduct KYC, run credit checks, and verify funds • You receive a short list of three qualified guarantors, with full net-worth and fee breakdowns

Step 3 – Distribution & lender approval (Days 14 – 21) • You select your preferred guarantor • The LC language is submitted to the lender for review and written acceptance

Step 4 – Documentation & closing (Days 21 – 30) • Final guaranty agreement, fee letter, and LC executed • Guarantor posts collateral, the LC is issued via SWIFT, and the loan closes

Total time to close: approximately four weeks.