Bond and Bank Guarantee Advisor
Let it be known, RC avails to clients only solicited guidance, whenever clients themselves intend to attain different bonds and bank guarantees at their own risk. RC will assist up to point where legal compliances are exhausted, nor shall RC be held liable for self-decisions made by clients directly with guarantor despite RC suggestions of not pursuing the aspects any further (because RC had foreseen loss sustainable via expertise).
Basically, bonds signify surety of payment between lender and borrower at undisclosed terms or conditions amongst parties concerned. Whilst bank guarantee denotes how specified financial institution or alike will act as guarantor incase borrower fails to pay their debt in future.
In theory bonds represent any business entity loan and bank guarantee represents a payment promise and also be part of the concerned bank loan respectively.
Both bank (bonds and guarantees) are financial instruments assisting lenders/borrowers contractually whenever there is exchange of goods and services.
RC here can help facilitate after client approval, many guarantees (bid, performance, advance/ deferred payment, financial, contractual and counter) if need arises.
Kindly feel free to contact us via + 255 784 050 355 for any bond or guarantee you may require in the near future.