Indian Trader Concluded The Cement Deal With Surety Bond

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Presentation transcript:

Indian Trader Concluded their Cement Deal Successfully With Surety Bond Case Study:

Bronze Wing Trading L.L.C. helped an Indian trader with Surety Bond Bronze Wing Trading L.L.C. helped an Indian trader to conclude their cement deal by providing Surety Bond / Performance Bond. 2 Challenge Final Result Problem Faced Solution Problem Faced: The Trader Needs Surety Bond Challenge: Find Trusted Trade Finance Providers Solution: BWT Helped the Trader with Surety Bond Final Result: The Seller Secured the Cement Deal

Problem Faced: The Trader Needs Surety Bond  An Indian trader signed a deal to supply cement to the Liberian buyer upon the assurance of performance bond. Their PB request to their bank was rejected due to unavailable of sufficient funds.  Since this was the lucrative contract, the trader didn’t want to lose this opportunity. So, they started searching for trade finance companies who provide surety bond/performance bond. 3

Challenge: Find Trusted Trade Finance Providers  The trader contacted more companies but nothing worked out because all required a lot of documents, cash margin and also had a lengthy process.  During their search, they found Bronze Wing Trading, the performance bond providers in Dubai and contacted us immediately 4

5 Solution: BWT Helped the Trader with Surety Bond/Performance Bond  The trader submitted their trade details to us. We reviewed & approved their request.  Once the client paid the admin charges & issuance fees, we processed their Performance bond request on the same day. After which, our bank issued the bond directly to the buyer’s bank in Liberia.

Final Result: The Seller Secured the Deal  After the receipt of performance bond, the buyer requested their bank to open LC in favor of the Indian supplier.  The Indian supplier shipped the cement accordingly to Liberia and got a handsome profit out of their cement deal. 6

7 Surety Bond – How to Apply? Submit your trade requirements to us. We will analyze your trade deal and let you know whether your request is approved or not. If approved, we will sign the service agreement with you and ask to pay the admin charges to initiate your bond transaction. Once we received the admin charges & issuance fee charges, we will request our bank to issue the PB/PG in favor of the buyer’s company.

8 Contact Bronze Wing Trading L.L.C. Do you require surety bond to guarantee your performance? Contact Bronze Wing Trading L.L.C.! We’re the trusted providers of trade finance services! Aspect Tower, Al-Sa’ada Street, Business Bay, Dubai, UAE Get Free Quote Now