Advance payment guarantee
VRB commits in writing with the beneficiaries to perform their financial obligations on behalf of the principals (VRB customers) when the principals fail to implement or deficiently implement their agreed obligations according to the letters of advance payment
Benefits
Quick issuance of letters of guarantee, simple procedures
Get free advice from VRB commercial financing experts
Enhance trust and reputation in economic relations with partners
Features
Enhance trust and reputation in economic relations with partners
Diverse collaterals for guaranteed obligations: cash deposits, deposit contracts, real estate, etc.
Flexible guarantee terms on demand
Guarantee methods: term loan and/or limit
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