Aim Spa Deutschland GmbH offers Fresh Cut Cash Backed (SBLC) Standby Letters of Credit and (BG) Bank Guarantee. AIM SPA Deutschland GmbH leads in the financial service industry in providing bank instruments BG Bank Guarantee and Standby Letters of Credit SBLC issued with prime rated banks for clients world Wide. We leverage our relationships with a wide selection of financial institutions and investors Financial Instruments to offer the absolute most favorable structure. A Standby Letter of Credit (SBLC / SLOC) is a guarantee that is produced by a bank with respect to a client, which ensures payment is going to be made even though their client cannot fulfill the payment. Financial standby letters of credit ensure financial contractual obligations are fulfilled. An SBLC is often used as a safety mechanism for the beneficiary, in an effort to hedge out risks related to the trade. A bank guarantee is each time a lending institution promises to cover a loss if your borrower defaults on a loan. Bank guarantees are frequently utilized in international trade and ensure both sides in a contractual agreement from credit risk.