Dear Reader
Welcome to our 'Standby Letter of Credit' calculator and metrics page. Here you can calculate the various stages and values of an SBLC. This page calculates the separate components for the client’s proposed investment SBLC and will calculate all the resulting entries which you select in the fields below.
Kindly enter the proposed value required in the ‘Required Amount’ field below. The calculator will then calculates the remainder of the details and content in the corresponding sections.
Then select the appropriate options and enter the remainder of the values in the calculator which will provide the various results in the output fields at the bottom of the metric.
Important Notice for Clients with Investment Funds
If a client needs an SBLC to cover a substantial portion or even the full amount of their investment fund, thereby accelerating the fund’s subscription to a fully invested level within 95 days or less, a key qualifying requirement applies. When a client seeks this type of capital advance through SBLC capitalisation, effectively receiving early capitalisation of part or all of the fund value before the alternative investment fund is fully established and capitalised, they must provide available cash liquidity averaging €3 million. This amount serves as the entry-level ratio for an SBLC valued at €200 million.
These details can be reviewed with the IWG Account Manager or an appropriate Senior Executive during the SBLC request and application process. This requirement is separate from the SBLC Calculator and its calculations.
Additionally, in the calculator below, IWG can serve as the collateral provider on the client’s behalf. In this arrangement, IWG, not the client or their assets and acts as the collateral for the SBLC. This is an additional option included within the calculator.
Kindly remember to Log Out by clicking the 'Logout' button below first, before you can log back into another section of this website.
Thank you
Integer Wealth Global.
This value reflects the 80% of the 'Target to first distribution' which is the first value that the client can draw down on from their fund, and is reflected in the section '4' of the prospective mandate. The remaining 20% must remain in the fund for liquidity purposes