Letters of Credit
In the world of business, a letter of credit can be the difference between getting a deal done or going home empty handed. Help your business partners rest easy knowing their money is guaranteed by Merchants National Bank.
A letter of credit can also increase your bargaining power and can sometimes be used in lieu of an insurance bond, saving you money. Come to us to get your letter of credit to make sure you next business deal goes smoothly.
- Guarantee large payments and contracts
- Conserve cash ordinarily used for security deposits
- Enjoy a stronger negotiating position
- Can replace insurance company bond
- Facilitate international business transactions
For more info about loans come by our office, or contact one of our lending professionals at (916) 442-3883