Advance payment bond

An advance with a feeling of security

Advance payment bond

An advance with a feeling of security

Certainty

The buyer receives a guarantee that they will receive their advance payment back if the contract is not performed or not performed in full.

Additional cash

You receive additional cash to finance the works.

Good trading relationship

Being able to offer your trading partner a guarantee is a trump card in the negotiations.

Advance payment bond

An advance or prepayment is often necessary to finance your commercial contract. The client understands that. To help your client feel secure, you can draw up an advance payment bond in return.

An advance payment bond is a guarantee for the buyer/principal (beneficiary of the guarantee) that they will be able to claim back all or part of the advance they have paid you as the supplier/contractor (issuer of the guarantee) in accordance with the commercial contract, in the event of non-performance or incomplete performance of the contract.

Advantages

  • You receive additional cash to finance the works/assignments.
  • The buyer is given a guarantee that they will receive their advance back in the event of non-performance of the contract.
  • KBC offers a best in class service to its clients for this product.

More information

If you’d like to know more about a guarantee which provides you with an advance and your client with certainty, don’t hesitate to contact your KBC relationship manager about the advance payment bond.

Was this page useful to you? Yes No

KBC Bicycle Leasing

KBC Bicycle Leasing

Fed up with traffic jams? Lease a bicycle! For yourself or for your employees.
Get more cash from your working capital

Get more cash from your working capital

Learn how to boost your company’s working capital and free up cash in the process by working together.
Deposit French cheques faster

Deposit French cheques faster

e-Powers of attorney: fast, easy and secure

e-Powers of attorney: fast, easy and secure

e-Powers of attorney are fast, easy and secure. Manage them in your KBC Business Dashboard.