A financial solution that provides guarantees for securing tenders.
Eligibility Criteria :
- Individuals engaged in tender procurement (public or private sector).
Requirements :
- Proof of past, current, and future tenders.
- Must provide immovable property as collateral.
- Valid business registration documents.
Advantage :
- Facilitates smooth contract execution.
- Access to bid guarantees, performance guarantees, and performance discounts.
Disadvantage :
- Failure to adhere to the repayment schedule may reduce eligibility for future loans.
- Non-compliance with repayment may affect credit history, limiting access to financial services.
