Secondary Collateral is not used in the US as much as in other countries. Perhaps it is because it exists under a different name or it is provided in a different way or instrument.
In the US the use of a 'Letter of Credit' or 'Credit Line' is vaguely if not somewhat familiar. While those services are available they are not the only financial tools or 'instruments' that could suit your purpose.
If you are a wholesaler or commodity dealer you may find that we can provide you with the kind of financial vehicle that is more cost effective whether domestic or international.
Maybe it is time for you to participate in the 'Global Economy'.
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