FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Skip to content
Credibility is key with any major transaction. Let us lend you some of ours for your next large purchase.
Key Features
-
Guarantee Payments
-
Guarantee a Service
Benefits
- Facilitate the purchase of inventory or other current assets
- Provides guarantee on payments of large purchases to third parties
- Can replace need for costly insurance company performance bond
- Can also be used to guarantee a service
- Typically issued for 1-year term or less
- Terms easily renewed
- Fee is based on face value amount
- Interest accrues only if we must make payment to beneficiary on your behalf
