Irrevocable Letter of Credit Programs

Boom Brothers will secure financing for irrevocable letters of credit (LOC) starting at $100 million. There is no more secure or reliable way to fund international projects, and Boom Brothers has the expertise to get the funding in place, whether the project is in Northern Europe or the South Seas.

Letters of credit are not project-dependent. As long as the principal and their SBLC are both viable, there is no requirement for the use of the funds, and underwriting is not required. LOCs can be processed in two to three weeks once all required information is submitted to Boom Brothers. Rates and terms vary, but as always, Boom Brothers negotiates in the client's best interest.