Letters of Credit

You've heard a letter of credit can be an effective alternative to bonding.

At Community First, we offer Letters of Credit to help you grow your business.

A Letter of Credit is a conditional promise of payment to a third party, up to a specified sum of money.

Quick, local decision making, low fees, and less administrative tasks, make Letters of Credit an effective alternative to bonding.

Getting Started

To inquire about a Letter of Credit, just call or visit our Business Services department at our Sault Ste. Marie Bay Street branch.

Our Manager of Business Services will be more than pleased to assist you, and answer any questions you may have.

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