It is a credit operation through which AVANZ issues a document in favor of a third party guaranteeing the fulfillment of contractual obligations that our client has with the beneficiary of the guarantee.
Avanz offers you this service under four different modalities:
- Payment Guarantees: They cover the obligations of the buyer to pay the contracted price, established for the equivalent value of the merchandise or services that have been received.
- Avanz Payment Guarantees:: This guarantee that advanz payments will be returned to the beneficiary if the AVANZ client does not comply with its contractual obligations.
- Compliance Guarantees: They guarantee compliance with the contractual obligations between the beneficiary and the AVANZ client. Therefore, AVANZ pays the established amount if the client does not comply with the contract.
- Offer Maintenance Guarantee: Guarantees that the Avanz client will sign the contract and/or will not withdraw from, or modify the offer, and/or will continue to provide the necessary guarantees for the signing of the agreement.
Characteristic
- Aimed at individuals and legal entities, public or private.
- Simple and fast procedure.
- No interest charge. The client only pays a commission for the issuance of said guarantee.
- Amounts from USD 5,000.
- Available in different modalities.
- Backed by a line of Credit or Fixed Term Deposit.
- Personalized financial advice.
General requirements:
- Valid identity document.
- Have a good credit record.
- Submit a request letter specifying the type of guarantee, amount, term, beneficiary and support thereof.
- Submit the bidding specifications, including the guarantee form (if applicable).
- Photocopy of Identity Card of the beneficiary of the guarantee.