Construction Finance
Our Services
Welcome to Global Guarantees
Ck No: 2022/211085/07
National Credit Regulator No: NCRCP18332
Advanced Payment Guarantees
Global Guarantees offers advanced payment guarantees to ensure that contractors in the construction and building sector have the necessary financial backing to initiate and complete projects. This service is particularly beneficial for emerging businesses that require upfront capital to purchase materials or hire labor.
Retention Guarantees
Retention guarantees are another specialized service aimed at protecting the financial interests of clients. These guarantees ensure that a portion of the contract amount is retained until the contractor successfully completes all project milestones. This creates an incentive for contractors to adhere to quality and timelines, while also providing clients with financial security.
Letters of Intent
To facilitate smooth business transactions and partnerships, Global Guarantees provides letters of intent. These documents serve as a preliminary agreement between parties, outlining the terms and conditions of a future contract. This service is crucial for establishing trust and setting the groundwork for successful collaborations.
Equal Access to Credit Facilities
Global Guarantees is committed to providing equal access to credit guarantee facilities within the structured legislative framework of the National Credit Act. This ensures that both emerging and established businesses in the construction sector can avail themselves of the necessary financial support for long-term growth.
Performance Guarantees
Performance guarantees from Global Guarantees act as a safety net for clients, ensuring that contractors will meet the project specifications and timelines. If a contractor fails to meet the agreed-upon standards, the client is financially protected, thereby reducing the risks associated with construction projects.
Commitment to Excellence
Global Guarantees prides itself on accurate service delivery, transparency, and innovation. With a strong desire to be the best in the game, the company continually strives to offer top-notch services that are aligned with the needs of the construction industry.
