Bank Guarantee
A bank guarantee is a type of financial backstop offered by a lending institution. The bank guarantee means that the lender will ensure that the liabilities of a debtor will be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A bank guarantee enables the customer (or debtor) to acquire goods, buy equipment, or draw down a loan.
The guarantee provides additional risk to the lender, so loans with such a guarantee will come with greater costs or interest rates.
We provide Bank Guarantee Services in a timely manner, while saving the clients from complicated paperwork. A Bank Guarantee can be issued by us for a period of one year and one day (minimum being 6 months) and can be extended till the time period of five years. We provide below mention product services under Bank guarantee advisory services.
A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan.
Parties to a loan choose direct guarantees for international and cross-border transactions.
The guarantee provides additional risk to the lender, so loans with such a guarantee will come with greater costs or interest rates.
BANK GUARANTEE BENEFITS:
Risk of private transactions in arriving countries is reduced.
Blunt risks that the private sector does not control.
Opens new markets and increases investment potential.
Improves your company’s project supportability and efficiency.
Machinery Term Loan
A machinery loan is a credit facility that helps you borrow funds to buy, lease, repair or upgrade machinery.
Working Capital Solutions (CC/OD)
A Seamless End-To-End Financing Soultion For Your Import & Export Financing.
Contact
- 201, 2nd Floor, Square Plaza, Vishwas Colony, Beside Bombay Sandwich, R.C. Dutt Road, Alkapuri, Vadodara-390007
- +91 8000206660
- Sales@ecpl.loans