Advance Payment Guarantees (APGs)

An Advance Payment Guarantee (APG)—also known as an Advance Payment Bond—is a trade finance instrument that protects a buyer’s cash when making upfront deposits to a supplier or contractor. 

This product helps customers to manage their cash flow while ensuring that a project work begins prompt after the award to tender. At Sandbury Finance, we issue Advance Payment Guarantees in conjunction with some of the major Commercial and Insurance Companies in Kenya.