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<title>Rice Puller - Private Funding against ISP98 or UCP600 letters of credit</title>
<link>https://rice-puller.com/</link>
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<title>Private Funding against ISP98 or UCP600 letters of credit</title>
<content:encoded><![CDATA[<p>We arrange funding against ISP98 or UCP600 letters of credit, so your lender can green-light the loan</p>
<p>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.</p>
<p>The structure is simple, liability is clearly defined, and the credit package aligns with standard mezzanine and bridge-loan requirements.</p>
<p>What we do</p>
<p>- Pre-vetted guarantors with verified cash on hand</p>
<p>- Fixed cost: USD 2,500 per million of coverage</p>
<p>- Delivery via ISP98 or UCP600 standby letter of credit if required</p>
<p>How it works – from form to funding</p>
<p>Step 1 – Intake &amp; structuring (Days 1 – 7)<br />
• Complete the five-minute online form<br />
• We size the guarantee, lock pricing, and issue a term sheet for an ISP98 or UCP600 LC</p>
<p>Step 2 – Underwriting (Days 7 – 14)<br />
• We conduct KYC, run credit checks, and verify funds<br />
• You receive a short list of three qualified guarantors, with full net-worth and fee breakdowns</p>
<p>Step 3 – Distribution &amp; lender approval (Days 14 – 21)<br />
• You select your preferred guarantor<br />
• The LC language is submitted to the lender for review and written acceptance</p>
<p>Step 4 – Documentation &amp; closing (Days 21 – 30)<br />
• Final guaranty agreement, fee letter, and LC executed<br />
• Guarantor posts collateral, the LC is issued via SWIFT, and the loan closes</p>
<p>Total time to close: approximately four weeks.<br />
<img src="https://rice-puller.com/images/uploaded/202507282139116887edff915a5.png" alt="[image]" width="191" height="137" /></p>
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<link>https://rice-puller.com/index.php?id=242068</link>
<guid>https://rice-puller.com/index.php?id=242068</guid>
<pubDate>Mon, 28 Jul 2025 21:39:23 +0000</pubDate>
<category>ADV - Financial</category><dc:creator>wily.graf</dc:creator>
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