{"id":74087,"date":"2021-10-22T22:49:56","date_gmt":"2021-10-23T05:49:56","guid":{"rendered":"https:\/\/essential.construction\/files\/?post_type=product&#038;p=74087"},"modified":"2021-10-22T22:49:57","modified_gmt":"2021-10-23T05:49:57","slug":"letter-of-credit-construction","status":"publish","type":"product","link":"https:\/\/essential.construction\/files\/business-operations\/finance\/letter-of-credit-construction\/","title":{"rendered":"Letter of Credit Construction"},"content":{"rendered":"<p>Letters of credit are often used in the construction industry to ensure that work get\u2019s completed. A real estate developer may issue a letter of credit to a town that guarantees that work will be completed, and if not the town is entitled to money from the corporation.<\/p>\n<p>This is a standard practice. A letter of credit can be confusing and if issued incorrectly may not be legally binding.<\/p>\n<p>Use this letter of credit to ensure that you are providing the proper guarantee to people that need it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Letter of Credit Construction<\/p>\n","protected":false},"featured_media":74089,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_brand":[],"product_cat":[39,40,1903],"product_tag":[58],"class_list":{"0":"post-74087","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-finance","7":"product_cat-administration","8":"product_cat-legal","9":"product_tag-contractor","10":"","11":"woocommerce-text-align-left","12":"woocommerce-image-align-center","13":"member-discount","14":"discount-restricted","16":"first","17":"instock","18":"downloadable","19":"virtual","20":"sold-individually","21":"purchasable","22":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product\/74087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/comments?post=74087"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/media\/74089"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/media?parent=74087"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_brand?post=74087"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_cat?post=74087"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/essential.construction\/files\/wp-json\/wp\/v2\/product_tag?post=74087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}