In today’s global marketplace, Bank Guarantees (BG) and Standby Letters of Credit (SBLC) have become crucial for business growth and financial stability. A BG secures a seller’s confidence by promising compensation if contractual obligations are unmet, while an SBLC provides a secondary layer of assurance by guaranteeing payment only in cases of non-performance. These instruments help... https://www.ganarltd.com/business-loan/bg-sblc.html