Advance Payment Guarantee
The FirstBank Advance Payment Guarantee enables customers receive advance payment
for contracts in furtherance of executing key projects.
Features & Benefits
Required Documentation
How to Apply?
Features & Benefits
Features
- There should be evidence of major past contract awards
- Customer must have executed similar contracts in the past
Benefits
- Helps customers facilitate the execution of contracts
Required Documentation
- Application letter
- Certificate of registration of business entity
- Evidence of previous contracts
- Contract letters and full contract documents
- Bill of quantities for a construction contract
- Audited financials
- Company’s financials Other Banks’ statement of account of 12 months preceding application
How to Apply?
To apply for the Advance Payment Guarantee,
- Visit the nearest FirstBank Gambia branch