A bank guarantee enables the customer to acquire goods, buy equipment to expand business activity and provides additional working capital. Our bank guarantees essentially undertake to cover your debts if you fail to pay your debtors on time. It has a number of advantages it can provide to both international and local businesses to enable you to :
✅ tender for business which you might have previously considered out of reach,
✅ improve the terms of your tenders and
✅ help you negotiate better terms on contracts.
At First Capital Bank we offer a wide range of bank guarantee solutions at the most competitive terms such as:
tender guarantees (bid bonds)
performance and payment guarantees
advance payment guarantees,
✅ Backed by First Capital Bank an international guarantee will put you in a strong position to do business.
✅ A Bank Guarantee protects your cash flow
✅ We guarantee immediate compensation in case of default
To Find out more.
Visit your nearest branch and speak to one of our Customer Service Representatives – or fill out the enquiry form and we will be in touch.