In today's business, deals require more than just a handshake. A letter of credit from American Bank can help you get deals done by assuring your business partners that payment is guaranteed.

Offering a letter of credit not only helps your deals go smoothly, it can also replace an insurance company bond and give you additional negotiating power. It's also a valuable tool as a business seeks to expand relationships with creditors.

  • Guarantee payments on large payments and contracts
  • Conserve cash ordinarily used for security deposits
  • Can replace insurance company bond
  • Enjoy a stronger negotiating position
  • Facilitate international business transactions