Advance Guarantee
Advance Guarantee
Joda Finance offers Advance Guarantees to businesses securing project advance payments. We empower contractors and suppliers by backing their obligations to clients through trusted financial guarantees, enabling faster mobilization and project startup.
Key Features
- Advance Backing: Supports upfront project funding
- Reliable Partner: Trusted by project owners and contractors
- Competitive Pricing: Affordable issuance and management fees
- Quick Turnaround: Fast approval and documentation
Who is eligible?
- Registered businesses and contractors
- Signed contract or project award letter
- Valid business registration & tax clearance
Fee Structure
| Issuance Fee | 2% - 3% of guarantee amount |
| Renewal Fee (if required) | 1% annually |
| Amendment Fees | Negotiable |
Collateral Requirements
- Partial cash deposit (negotiable)
- Property mortgage
- Personal or corporate guarantees
Collateral terms depend on project value and client profile.
Why Choose Joda Finance Advance Guarantee?
- Strengthen your project bids and negotiations
- Access advances without tying up company cash
- Boost credibility with project owners and partners
- Fast-track your project execution timeline
