Bank Guarantee and Letter of Credit Services for Small Business Finance

A bank guarantee represents an obligation of the bank to pay a specific amount of money if the party for which the bank is giving the guarantee does not fulfill it.

A Bank Guarantee is an alternative way to providing a bond directly to a vendor.  It is an unconditional endeavor given by the bank, on behalf of their customer, to pay the recipient of the guarantee the amount of the guarantee on written demand.

Financial Guarantees Services for Small Businesses

           

In general, a financial guarantee is a promise to take responsibility for another company's financial obligation if that company cannot meet its obligation. The person or organization, who assuming this responsibility is called the guarantor. A Finance Guarantee is a security for the credit organization granting an export credit to the exporter.

Are you also looking for Financial Guarantees Services for your business to secure part or all of your borrowing requirements?