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Provide your suppliers and vendors the security of a guaranteed payment
With a Bank of Sydney Bank Guarantee you can guarantee payments to your vendors and suppliers including landlords, without having to use your working capital.
Using either cash or property as security, a bank guarantee is a great way to offer certainty to your landlord or supplier, while optimising cashflow.
Benefits of a Bank Guarantee
Meet your supplier or landlord bond obligations whilst also having cash held on deposit earning interest
Reduce upfront costs with expenses such as security bonds
Option to secure the bank guarantee with a residential or commercial property and use your cash for other purposes
