Advance Payment Guarantee

Success fee  – 2%

Duration – 20 days

Marketing Cost in Advance – 200 USD or Rs 15000 INR

Who gets benefited?

Companies looking for funding against bill or supplier or guarantee or short term funding

How to book this and what is the process?

Book your appointment and discuss with us. We would gather a one-page note about your company, past 3 year financials, projections and marketing advance to us. We will check all the details, and provide you the proper suggestions on what can be done on the next step. We will have a detailed 30 minutes to one-hour discussion with you on the same, once you agree on the cost.

Benefits of Advance Payment Guarantee

An advance payment guarantee is used when the contract provides for advance payment to be made to the seller, and it guarantees that the advance payment will be returned to the buyer if the seller does not fulfill its obligations on delivery of goods or services

About Advance Payment Guarantee

A contract under which the issuer undertakes to be responsible for the fulfillment of a contractual obligation owed by one person to another if the first person defaults. The issuer’s obligation may be primary (as in an on-demand obligation or indemnity) or secondary (as in a guarantee). An advance payment guarantee or bond is typically used to underpin or guarantee the performance of a commercial contract, such as a contract for the sale of goods (where the buyer is the beneficiary) or a construction contract (where the employer is the beneficiary)

A payment guarantee assures a seller the purchase price is paid on a set date. An advance payment guarantee acts as collateral for reimbursing advance payment from the buyer if the seller does not supply the specified goods per the contract. A credit security bond serves as collateral for repaying a loan. A rental guarantee serves as collateral for rental agreement payments. A confirmed payment order is an irrevocable obligation where the bank pays the beneficiary a set amount on a given date on the client’s behalf. A warranty bond serves as collateral ensuring ordered goods are delivered as agreed.

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