W E L C O M E
LETTERS OF CREDIT
AND BANK GUARANTEES
INNOVATIVE BIG TICKET
FUNDING SOLUTIONS AND SUPPORT FOR MAJOR PROJECTS AND PROGRAMS
Keep up to Date
This web site is regularly updated. If you have been here before, be sure
to refresh every page that you visit. Check the "News" page for recent
Note in particular the new terms for the issue of
guarantees and letters of credit.
Our Service and Source of Funds,
We pride ourselves on being able to provide the most comprehensive service
of its type available anywhere. The facilities that we offer are from
institutional and private funders with almost unlimited resources. We work
in close harmony with our principals and their appointed professionals to
provide a dedicated service tailored to individual needs.
Our carefully selected funders have demonstrated an ability to engage with
imaginative and professional applicants so as fully to exploit a broad
range of funding structures and corporate enterprise.
very pleased to deal with and recognise introductions from professional
Amounts, Terms and Fees
general rule, with the exception of the proof of funds "Show & Tell" facility, we are now only considering major transactions
involving large capital sums, that is amounts of $25 million and above. Facilities are
individually tailored to meet precise client requirements. There are no
upper limits on amounts available or the overall term of any facility
costs are payable annually ("Show and Tell" is payable monthly) with the first instalment usually payable
after the facility is completed (subject to an undertaking for payment
via an acceptable institution). For very large facilities, initial fees
can be staggered by arrangement over a schedule of monthly instalments.
Notices Applicable to all Facilities
Unfortunately it is a fact of modern life that all banks have to take
precautions against unwittingly being used to launder or otherwise
legitimize the proceeds of criminal activity. All the facilities that we
offer involve large sums that inevitably attract the close attention of
the various enforcement agencies around the world. Accordingly, we ask
that you be prepared for unforeseen delays as the banks make their normal
enquiries and checks regarding both the funds and the fees.
Benington Securities is a funding service provider which, because it has
elected not to give investment advice, is not required to be registered
under current financial services legislation. This means that we are
unable to give advice in respect of any intended investment or procurement
strategy contemplated by the Applicant. All Applicants must, therefore,
take all necessary, prudent and appropriate banking, legal and other
professional advice in respect of any proposed investment strategy. This
particularly applies to "High Risk - High Reward" investments. Benington
Securities does not and will neither act for, nor in any way represent, the
Applicant in respect of any intended investment position.
Availability and Changes in Terms and Conditions
We take great trouble to ensure that all information provided is accurate
and completely up to date. However, it is the nature of our service that
we deal with a portfolio of funders who move in and out of the market as
their finances and other commitments dictate. Accordingly, all facilities
are offered subject to availability and all terms and conditions are
liable to change without notice. All errors and omissions are excepted.