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Our Services

A comprehensive suite of trade finance instruments structured for the demands of international commerce. Each instrument is tailored to your specific transaction and jurisdiction.

Documentary Credit

Letter of Credit (LC)

Overview

A Letter of Credit is a binding commitment from a bank, on behalf of the buyer, to pay the seller a specified amount provided the seller presents compliant documents within a defined timeframe. It is the cornerstone of international trade finance, eliminating payment risk for exporters while ensuring the buyer receives the goods as specified.

Who It's For

Importers and exporters engaged in cross-border trade who need to mitigate counterparty risk. Particularly valuable for new trading relationships, large transactions, or trades involving high-risk jurisdictions.

Key Benefits

  • Eliminates payment risk for the exporter
  • Ensures buyer receives compliant goods before payment
  • Accepted by banks globally as a secure payment mechanism
  • Can be confirmed by a local bank for additional security
  • Structured for single shipments or revolving facilities
Contingent Payment Guarantee

Standby Letter of Credit (SBLC)

Overview

A Standby Letter of Credit functions as a guarantee of payment rather than a primary payment mechanism. It is drawn upon only if the applicant fails to fulfil a contractual obligation. SBLCs are widely used in performance guarantees, loan collateral, and as credit enhancement instruments in complex financial transactions.

Who It's For

Businesses requiring credit enhancement, contractors bidding on government or corporate projects, companies needing to demonstrate financial capacity, and borrowers seeking collateral for loan facilities.

Key Benefits

  • Provides a safety net without tying up capital
  • Accepted as collateral by banks and financial institutions
  • Enhances creditworthiness in commercial negotiations
  • Can be monetised or leveraged for financing
  • Issued with terms from 1 to 5 years
Performance & Financial Guarantee

Bank Guarantee (BG)

Overview

A Bank Guarantee is an unconditional undertaking by a bank to pay a specified sum to a beneficiary if the applicant fails to fulfil their contractual obligations. Unlike an SBLC, a BG is typically governed by local law and is the preferred instrument in many jurisdictions for construction, government contracts, and commercial transactions.

Who It's For

Contractors, suppliers, and service providers required to provide performance security for government tenders, construction projects, supply agreements, or customs bonds.

Key Benefits

  • Satisfies contractual security requirements without cash deposits
  • Accepted by government bodies and major corporates globally
  • Available as performance, advance payment, or retention bonds
  • Issued in local currency or major international currencies
  • Unconditional payment on first demand
Contract Completion Guarantee

Performance Bond (PB)

Overview

A Performance Bond guarantees that a contractor or supplier will complete a project or fulfil a contract to the specified standard. If the principal fails to perform, the bond issuer compensates the beneficiary up to the bond value. Performance bonds are standard requirements in construction, infrastructure, and government procurement.

Who It's For

Construction companies, engineering firms, IT service providers, and any business tendering for contracts that require performance security as a condition of award.

Key Benefits

  • Enables participation in high-value tenders without cash collateral
  • Demonstrates financial credibility to project owners
  • Structured to match contract duration and milestones
  • Can be combined with advance payment guarantees
  • Issued to international standards (URDG 758, ISP98)
Financial Capacity Verification

Proof of Funds (POF)

Overview

A Proof of Funds is an official document issued by a financial institution confirming that a party has sufficient funds to complete a transaction. POF letters are required in real estate transactions, commodity purchases, and any situation where a buyer must demonstrate financial capacity before a seller will proceed.

Who It's For

Buyers in high-value commodity transactions, real estate investors, and businesses required to demonstrate financial capacity as a precondition to contract negotiation or due diligence.

Key Benefits

  • Confirms financial capacity without disclosing full account details
  • Issued on official bank letterhead for maximum credibility
  • Available for specific transaction amounts or general capacity
  • Accepted by sellers, brokers, and intermediaries globally
  • Fast issuance — typically within 48-72 hours
Pre-Shipment Export Finance

Packing Credit

Overview

Packing Credit is a short-term pre-shipment financing facility extended to exporters to enable them to procure raw materials, manufacture goods, and pack them for export. It bridges the gap between the receipt of an export order and the shipment of goods, ensuring exporters have the working capital needed to fulfil orders.

Who It's For

Manufacturers and exporters who need working capital to produce or procure goods against confirmed export orders or Letters of Credit, particularly in sectors such as textiles, agriculture, and industrial goods.

Key Benefits

  • Provides working capital from order to shipment
  • Reduces the financial burden of production and procurement
  • Available against confirmed LC or purchase order
  • Competitive interest rates as a trade-linked facility
  • Can be structured in local or foreign currency

Not Sure Which Instrument You Need?

Our trade finance specialists will assess your transaction and recommend the optimal instrument structure.

D
Dorax International
Investments

Global trade finance solutions since 1986. Precision instruments for international commerce.

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Our Offices

🇨🇾 Nicosia, Cyprus
25 Michalakopoulou Street
Office 303, 1075
Nicosia, Cyprus
🇸🇨 Seychelles
International Business Centre
Victoria, Mahé, Seychelles
🇺🇸 New York, USA
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