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		<title>Letter of credit</title>
		<link>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm</link>
		<description>Letter of credit</description>
		<lastBuildDate>Thu, 18 Oct 2007 10:45:55 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[Ming,
Saying that lending again]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm</link>
				<description><![CDATA[Ming,
Saying that lending against an LC is not really lending isn`t quite correct. Of course if I needed a $100k standby LC in order to get a $100k loan, that wouldn`t make any sense at all. Standby LCs are usually a % of the total loan reques]]></description>
				<pubDate>Thu, 18 Oct 2007 10:45:55 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm#683112</guid>
			</item>
			<item>
				<title><![CDATA[Tack:
Your post confuses me som]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm</link>
				<description><![CDATA[Tack:
Your post confuses me somehow on the "letter of credit" part. I represent a specialized Trade Finance Company. In our line of work, we deal a lot with Letter of Credit (L/C) as we use it as our financing tools to our clients. But your expl]]></description>
				<pubDate>Thu, 18 Oct 2007 10:45:55 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm#683111</guid>
			</item>
			<item>
				<title><![CDATA[I have a great opportunity to pi]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm</link>
				<description><![CDATA[I have a great opportunity to pick up the pieces from a business that is about to go under and re-start it with a new focus, new strategy, and operational controls. The business sells high-ticket ($100k-400k) products. We have received the blessing of the [...]]]></description>
				<pubDate>Thu, 18 Oct 2007 10:45:55 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Letter-of-credit.htm#683110</guid>
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