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Read this document to see how Bronze Wing Trading helped a real estate contractor by issuing Advance Payment Bond on their behalf to avail advance payment from their developer to meet the significant cost of the construction project. For more info, visit https://www.bwtradefinance.com/advance-payment-bond Is your developer or buyer demanding Advance Payment Bond on your company’s behalf to provide advance payment? Contact us today! We’re here to help you with all your trade finance needs. Contact us via email: [email protected] or call us 0097145519699
Citation preview
Case Study
Bronze Wing Trading
Facilitated Advance
Payment Bond to a
Real Estate Contractor
within 48 Hrs*
Presented by
www.bwtradefinance.com
For More Info, Visit: www.bwtradefinance.com
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.