Found 11 Articles for Corporate Finance

Introduction In trading business, it’s common for buyers to request sellers provide advance payment guarantees. This is because buyers want to protect themselves against any default from the seller’s side or failing to deliver the goods or services as per the agreement. The workings of advance payment guarantee are enlightened in this tutorial. Define Advance Payment Guarantee An advance payment guarantee is a financial tool promising the buyer that as per the agreement, the goods or services will be delivered post advance payment to the seller. The bank preserves this guarantee to protect the buyer from any loss ... Read More