Generally there are two types of funding available for Standby letter of credit (SBLC) and Bank Guarantee (BG)
1) Non-Recourse Funding
2) Recourse Funding
The % LTV on Recourse Funding is higher than Non-Recourse. Generally,the % LTV depends on various factors such as:
1) Rating of the bank which issued SBLC or BG.
2) Amount of Instrument.
3) Period of Instrument.
4) Project Involved.
5) Credentials of the company who owns the instrument.
If you have an SBLC or BG and are looking for funding against it, let us know. We can put you in touch with the biggest funders of such instruments in the world.