Avoid delays in getting the goods and services you need.
Procuring goods or services on credit can sometimes be a bit challenging, especially if your business is working with a new supplier or it you're a start-up without a long credit history. In those instances, Berkshire Bank can issue a Commercial Letter of Credit that guarantees your payment. That will let receive the goods and services that keeps your business on track and your projects on schedule.
- Documentary letters of credit
- Standby letters of credit
- Irrevocable letters of credit