advance payment bond – advance payment guarantee – advance payments
DESCRIPTION
This power point presentation by Bronze Wing Trading L.L.C. itself shares the success on facilitating Advance Payment Bond on behalf of a real estate contractor to avail advance payment from their developer. To read the full story, visit https://www.bwtradefinance.com/advance-payment-bond/ Contact us now to avail Advance Payment Bond from us! We can assist you by providing Advance Payment Bond on your company’s behalf within 48 working hrs. For more info, email: [email protected] or call us @ 0097145519699TRANSCRIPT
Case Study Real Estate Contractor Received
their Advance Payment with Advance Payment Bond
Facilitated by Bronze Wing Trading
Presented bywww.bwtradefinance.com
Story Overview
A Real Estate Contractor contacted Bronze Wing Trading to avail Advance Payment Bond on behalf of their construction company to get advance payment from their developer.
Problem Challenge Solution
Contractor Availed Advance Payment For their Developer
Problem: The Real Estate Contractor Required Advance Payment Bond
A real estate contractor with good reputation signed the contract to
undertake a huge construction project.
To meet the initial cost of mobilizing the project, the contractor required
advance payment from their developer.
Even though, the contractor had a good record, the developer demanded
the contractor to provide the Advance Payment Bond to secure their
advance payment.
Challenge: To Avail Advance Payment Bond on Behalf of Their Company
The Contractor approached their bank and many private sectors to avail
Advance Payment Bond on behalf of their company. But all they set more
demands to issue MT760.
After doing a long search to find a way to avail advance payment bond,
the contractor got in touch with a local broker, who assured them that
they can assist to avail Advance Payment Bond on their behalf.
Solution: The Scope of Our Work
The broker contacted us with the client’s request. They explained the client’s requirement & provided all the related documents to us. We studied their contract documents & approved their request. After the service agreement signed and paid the admin charges, we started the work on their transaction. Then, we blocked our bank limit to structure their deal and sent the Advance Payment Bond draft for their approval. The client approved the draft and paid the issuance fee charges. Later, we instructed our bank to issue the advance payment guarantee to the developer’s account via Swift MT760.
End Result: The Developer Provided the Advance Payment to the Contractor
After receiving the Advance Payment Bond in their favor, the developer
provided Advance Payment to the contractor to mobilize the
construction work of the project.
Read the Full Story Her
e
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ws
Avail Advance Payment Bond from Us!
Apply for Advance Payment Bond Now to Avail Advance
Payment from your Developer/Buyer!
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within 48 Hrs*
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Contact Bronze Wing Trading L.L.C.
00971-4-5519699
Office 3002, 30th Floor,Aspect Tower, Al-Sa'ada Street, Business Bay, Dubai,United Arab Emirates.
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