Online Banking

Commercial Letter of Credit

Make sure your business affairs and transactions go more smoothly. Get your financial dealings guaranteed with a letter of credit from Monson Savings Bank. 

A letter of credit can make conducting business with vendors and companies located far away much easier. Sometimes, they can also be used in lieu of an insurance bond. Contact us to get a letter of credit tailored to fit your situation.

  • Secure bank guarantee of payment
  • Helps business transactions go smoothly
  • Increased vendor confidence
  • Can sometimes be substituted for security or insurance bond
  • Increased leverage and bargaining power
  • Knowledgeable commercial lenders