Standby Letters of Credit


Protect your interests and back your obligations to your business partners with a Standby Letter of Credit issued by Comerica Bank. Whether your company conducts business domestically or globally, a Standby Letter of Credit can help to optimize your cash flow, improve your credit position, and allow you to take advantage of opportunities that otherwise might be out of reach. And Standby Letters of Credit are generally easier to obtain and less expensive than alternative methods of guarantee.