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LCs/Guarantee Services
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1st PMF Bancorp provides Letters of Credit (LCs) and Guarantee's for its clients base to buy goods and services without using
crucial working capital. LCs and Guarantees often do not require collateral because the goods purchased serve as the collateral. Additionally, when
purchasing goods from a Chinese supplier, PMF can simply use a Guarantee from our bank instead of the costly and time consuming process of setting up an LC at a traditional bank.
PMF has this abilitty through its 2 offices, staff and relationships in China to provide the Guanxi to acheive the necessary objectives that the other banks/institutions cannot.
More info on process
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1st
PMF Bancorp Offices
- USA -
Los Angeles Head Office
9701 W. Pico Blvd 1st Floor Los Angeles, CA 90035 Tel: (877) PM-FACTORS Tel: (310) 858-6696 Fax: (310) 273-6936
- CHINA -
Guangzhou
13F/1303, Southern Railway Bldg., #57 Zhongshan
Road 1, Yuexiu District, Guangzhou 510600
Tel: 86 20 37584102 Fax:86 20 37584103
Shenzhen
Unit 404 Electronics Building, No.2072 Shennan Middle Road,
Futian District, Shenzhen 518031
Tel: 0755 83734304 Fax: 0755 82940770
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Contact us:
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©
1999-2006 1st PMF Bancorp - All rights reserved
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