Bank Guarantee Monetization and Funding
Posted by samrojseo on June 26th, 2014
Bank Guarantee is a guarantee by a bank or any lending institution to a beneficiary that it will fulfill the liability of a third person in case the third person defaults or is unable to deliver the terms of contract. The lending institution becomes the co-signor with the third person or the debtor in the guarantee, unless stated otherwise.
There are two types of bank guarantees that exist generally namely:-
To buy bank guarantee from any bank, you need to present them with CIS (Customer Information Sheet), NCND and Proof of Funds along with your business contract and other details as and when demanded.
Bank Guarantee Monetization allows you to monetize your bank guarantee for following purposes:
Bank Guarantee monetization generally gives you returns between 60%-90% non-recourse. Bank Guarantee funding for owned bank guarantees can give you a return of 80% within 72 hours of the delivery of the Bank Guarantee. The returns might be low as 50% on leased bank guarantees.
While opting for a bank guarantee funding or monetization program, one should extremely assess the track record of the program and the risk involved in the process. Fraud rate is relatively higher from the past and one should choose only the most reliable and safe program such as Bank Guarantee Funding which has 100% successful transaction record till now. One should not fall for the cheap programs just to save some quick dollars. You might end up losing everything at the end.
Bank Guarantee Funding offers completely dedicated and sincere support from the experts in the bank guarantee industry. You get free flight tickets to Hong Kong where you watch the transaction complete successfully yourself.
Bank Guarantee Funding is the leading experts in the industry of buying, selling, monetizing, funding or discounting bank guarantees. Bank Guarantee Funding helps you stay away from such road blocks and get your Bank Guarantee issued and monetized consistently and seamlessly. For more details please visit http://bankguaranteefunding.com/.
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About the Authorsamrojseo
Joined: July 2nd, 2013
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