The FirstBank Guarantee is a promise from a bank that if a particular borrower (customer) defaults on a loan, the Bank will cover the loss
Features
- 1% commission fee
- Tenor of 12 months
- Targeted at duly registered businesses
Benefits
- The use of Bank Guarantee proves a customer’s repayment abilities and credit worthiness towards his business partners
Required Documentation
- Application letter
- Certificate of registration of business entity
- Audited financials
- Company’s financials
- Minimum 6 months Bank Statement
Who Can Apply?
- Duly registered businesses
To apply for the Bank Guarantee,
- Visit the nearest FirstBank Gambia branch
