We'll back your business projects
Provides assurance that your word is good
When you're launching a project that requires a significant amount of cash or a guaranty, Hawaii Community Federal Credit Union's Letters of Credit are the ideal tools for your business.
Commercial and stand-by letters available
Ensures performance under a contract
Choose the option that works for you
A letter of credit assures vendors and business partners that you'll hold up your financial end of a deal. Choose a commercial letter of credit, payable upon presentation of a draft and other specific documents, or a stand-by letter of credit, which payable when the beneficiary presents a draft and/or certificate showing another party is defaulting on obligations.
We'll explain your options and help you figure out which one best supports your business goals.