Advance Payment Bond – Advance Payments – Trade Finance

1. Case Study Bronze Wing Trading Facilitated Advance Payment Bond to a Real Estate Contractor within 48 Hrs* Presented by www.bwtradefinance.com

2. Synopsis of the Story Bronze Wing Trading L.L.C. the Trade Finance Providers facilitated Advance Payment Bond to a real estate contractor to avail advance payment from their developer to mobilize the work progress of the construction project. Client’s Requirement The Client is a contractor of construction, development and real-estate services. They had signed a contract to undertake a huge construction project from a renowned developer. To meet the initial cost of the construction project & to mobilize the speed of the work, the client required advance payment from the developer. Even though, the client has a good credit report & good reputation in the industry, the developer demanded from their client to provide Advance Payment Bond in their favor to secure their advance payment. Challenge The Client contacted their bank & almost all private banking sectors to avail MT760 on their behalf. But all asked for cash margin & sets more demands to proceed with their payment bond request. So, the Client decided to contact private trade finance providers to avail Advance Payment Bond. While searching for the trade finance companies, they came across with a local broker who referred Bronze Wing Trading to them and assured they will help them to avail Advance Payment Bond on behalf of their company. Our Approach The Broker and the Client contacted us with their request. We analyzed and approved their request. The Client signed the service agreement & paid the admin charges to start processing their request. We instantly blocked our bank limit to structure their bond and sent the MT760 draft for their approval. The Client approved the draft and paid the issuance fee charges. Then, we sent a request to our bank to issue the Advance Payment Bond to the developer’s bank via authenticated Swift MT760. After receiving the Advance Payment Bond, the Developer provided Advance Payment to the Contractor to proceed with the Construction Work. The Contractor Conveyed Their Sincere Thanks to Us. Avail Advance Payment Bond from Us to Get Advance Payment from Your Developer/Buyer! Contact Bronze Wing Trading L.L.C. For More Info, Visit: www.bwtradefinance.com