Letters of Credit for Business Lenders – June 18, 2026

Description

Date: Thursday, June 18

Time: 11:00 a.m. Pacific

Duration: 60 minutes

Letters of credit (LCs) are formal documents that guarantee payment to a seller or beneficiary on behalf of a buyer. LCs act as a form of financial promise, ensuring the seller will receive payment and are and a common financial product used by small and mid-sized businesses. Many of your members may be using banks for this service, but they should be relying on you instead!

This webinar will discuss why and how you should add letters of credit to your business product offerings. Learn about the different types of LCs, how to underwrite them, what the structure should be, and tips for marketing them to your members.

This webinar will discuss:
– Common types of LCs: Standby, Revocable, Irrevocable, and Revolving
– How they are used by businesses
– Properly structuring and underwriting these unique financial instruments
– Tips on documentation and monitoring
– Setting fees and terms

Purchase Terms & Conditions

For live webinars, a full-team registration includes multiple attendees for your credit union. Please include these emails in the notes section at checkout. Each attendee will need a unique login link for access.

A recording of this session is available for full-team access registrations upon request. For individual registrations for webinars, the recording will be available to purchase after the session. If you registered as an individual, you can request a discount code to use on the recording purchase.

Educational materials are proprietary and are not to be shared outside of the purchasing credit union.