Advance Payment Guarantees

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What is Advance Payment Guarantees


An Advance Payment Guarantee commits the supplier to using the advance payment for the purpose specified in the buyer/employer contract. An advance payment provides funds to the supplier for the purchase of equipment or components, as well as other preparations.
In general, the advance payment guarantee should include a reduction clause that reduces the amount owed automatically in proportion to the value of the (partial) delivery. It is only issued in connection with Performance Guarantees and becomes effective once the advance payment is received
Build With Confidence-Backed by Guarantees
Backed by over 30 years of combined expertise, we pride ourselves on securing the lowest Facility Rates and offering highly competitive, cost-effective Collateral Rate structures.

As one of the first guarantors with established ties to international banks and finance corporations, we provide unmatched assurance and peace of mind to our clients.

Our commitment extends beyond financial solutions—we help clients reduce collateral requirements, control expenses, and preserve cash flow. This ensures they can establish sites seamlessly and achieve optimal productivity.

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  • Alberton, South Africa