Global Trade Financial Services: Your trusted partner for comprehensive surety bond solutions, ensuring financial protection and contract fulfillment.
At Global Trade Financial Services, we offer comprehensive surety bond solutions to meet the diverse needs of our clients. A surety bond is a three-party agreement that provides financial protection and ensures the fulfillment of contractual obligations. It is a valuable tool for businesses involved in various industries, including construction, manufacturing, transportation, and more.
A court fiduciary bond is a type of surety bond that is required by a court in order to ensure that a fiduciary (such as a trustee or executor) will faithfully discharge their duties. The bond is usually in the amount of the assets that the fiduciary is responsible for, and it is payable to the court. If the fiduciary fails to perform their duties, the surety on the bond is liable to the court for any losses that are incurred.
A license or permit bond is a type of surety bond that is required by a government agency in order to obtain a license or permit to do business. The bond guarantees that the business will comply with all applicable laws and regulations. If the business fails to comply with the law, the surety company on the bond is liable to the government agency for any losses that are incurred.
At Global Trade Financial Services, we understand the importance of winning bids and securing lucrative business opportunities. That's why we offer comprehensive Bid Bonds services that provide financial assurance to both contractors and project owners. With our expertise and reliable support, you can bid with confidence and increase your chances of success.
Global Trade Financial Services, your trusted partner for Payment Bonds services. With our expertise and commitment to excellence, we ensure seamless and secure financial transactions for businesses worldwide. Whether you're a contractor seeking reliable payment guarantees or a project owner looking to protect your investments, our comprehensive Payment Bonds services have got you covered.
Global Trade Financial Services, we understand the critical role that performance bonds play in the world of commerce. Performance bonds serve as a guarantee that contractors will complete their obligations as outlined in their contracts. They provide assurance to project owners that the work will be completed in a timely and satisfactory manner, while also offering protection against potential financial losses.
At Global Trade Financial Services, we understand the importance of financial security and risk mitigation in today's fast-paced business environment. Our Contract Surety Services offer comprehensive solutions to protect your business and ensure the successful completion of your projects.
Covers 2 types of risks –
Protects from bad debt. Identifies potential losses. ...
An exporter of goods runs the risk that they are never paid for goods that are shipped. To eliminate that risk they can require pre-payment, but that shifts the risk onto the importer.
Overseas trade also comes with inherent risks, for example, exchange rate fluctuations, legal issues, language differences and the potential for political instability. Furthermore, it’s trickier for parties to evaluate the credit risk of their counterparts when they’re based overseas.
Trade finance steps in to guarantee payment and shipment, provided certain conditions are met.
There three main types of trade finance:
Indexed universal life (IUL) insurance is permanent, which means it lasts your entire life and builds cash value. An IUL policy allows for some cash value growth through an equity index account, unlike other universal policies that only grow cash value through non-equity earned rates.
Unlike with traditional 401(k)s, The IUL is funded with non-qualified money, or after-tax dollars. So, what you pay into IUL has been taxed already. That's good news for future income – tax-free retirement income! IUL also offers the advantage of a tax-efficient death benefit for loved ones.
No Minimum Withdrawal Age Requirements Again, unlike retirement plans such as IRAs or 401(k)s, IULs don't require you to reach a certain age before withdrawing funds.
1888-860-2676
info@thegtfs.net
9304 Forest Lane , suite # S258 Dallas Texas 75243
6277 Carolina Commons Dr Suite 60-314 Indian Land South Carolina 29707
Global Trade Financial Services (GTFS) DBA ‘’GLOBAL Insurance established as limited Liability company with head quarter in Dallas Fort worth Texas United States
Copyright @ 2023, Global Trade Financial Services, LLC.