Loan

• Bid Guarantees (Bid Bond)
• Performance Guarantees (Performance Bond)
• Advance Payment Guarantees
• Retention Guarantees/Advance Payment Holdback Under Contract Guarantees
• Financial Guarantees

Improves your cash flow

Eliminates or reduces the need to give a beneficiary, with whom you have entered into a contract, cash collateral or other security to support the performance obligations under the contract May eliminate the need for you to prepay for products or services, which allows you to use your funds for alternate purposes before payments become due A bid or performance guarantee may help you win contracts by providing the company with financial security of payment

Convenient

BOITZ has expertise in structuring Standby Letters of Credit/Guarantees to meet your business needs while helping to protect your interests to the extent possible in the circumstances We can customize our formats to suit your needs, subject to Bank's requirements

Standby Letters of Credit/Guarantees may be for you if you :
Do business domestically or internationally with government or other entities Enter into contracts/agreements, which require you to provide cash, collateral or other security to another party to support your business transactions or to meet specific financial or performance obligations