Letters
of Credit
Mascoma
Savings Bank issues Letters of Credit to guaranty payment when required.
We offer both Performance Based and Financed Based Letters of Credit.
Letters of Credit
are often required for some of the following situations:
- Construction
Performance Guaranties for Developers
- Secure overseas
shipments
- Municipal Obligations
- Local/State/Federal
program requirements
- International
trade
For more
information on Letters of Credit, contact our Commercial
Lending Team.
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