Get the validation necessary to build new business relationships. A standby letter of credit is perfect for scenarios when you're embarking upon new large-scale or international business relations. Let third parties know Silvergate Bank is supporting your project. Our standby letter of credit can also yield lower costs in regard to insurance bonds.

  • Provides third-party assurance of your payment
  • Tailored to third-party required language
  • Facilitates large transactions
  • An alternative to bid, performance, or warranty bonds
  • Support for credit lines with suppliers
  • Support for leases or other financial obligations