Advance Payment Guarantees

Eliminate the risk of advance payment made, in your next contract with an advance payment
guarantee with Pacific Corp. We’ll deliver a timely advance payment guarantee service guiding you
through the process from start to finish without a hassle.

What is an Advance Payment Guarantee?

An advance payment guarantee secures refund of advance payments against default by the supplier or
the contractor. It’s an on-demand bond, where the bondsman is bind to pay the amount of money set
out in the bond immediately on demand, without having to meet any preconditions in the contract.
Thus this is a bond that should be draft very carefully to set out the circumstances.
An Advance payment guarantee expires when the contract is fulfilled and are commonly used in
construction projects and in industrial supplies.

Hassle-Free Advance Payment guarantee Services in the UK

At Pacific Corp, we offer simple and fast advance payment guarantee services for your situation. With a
team of experts who have hands-on experience in the process, we’ll assure you a premium solution with
exceptional customer service.

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