WebProjects: Guarantor

2023: Service Presentation

The WebProjects company has posted on the network an internal banking tool for issuing guarantees for government contracts. Until now, only banks and brokers themselves could use such a system. Now it is available to everyone absolutely free of charge, representatives of the WebProjects company said on December 18, 2023.

To get a bank guarantee under a state contract, you need to do a lot of work: study the conditions of credit institutions, compare them with each other, take into account all restrictions and stop factors, analyze the likelihood of receiving a guarantee taking into account your own parameters. This may take more than one day, and then, already in the process of issuing a guarantee at the bank, it turns out that any of the parameters has been missed in the calculations or the banking stop factor has remained unknown - and the guarantee will be refused. The special service "Guarantologist" allows you to do all these manipulations in just a few minutes.

"Until now, there have only been quite primitive calculators on the network that have not taken into account many factors. They did not always use up-to-date bank data, took only optimistic estimates for base tariffs and, as a result, gave only approximate calculations, or even deliberately false results, "said the developers - authors of the portal.

According to them, the peculiarity of the "Guarantologist" is that it is a high-precision tool that calculates the commission of banks for issuing a guarantee, and the likelihood of receiving it, taking into account all possible parameters, including those that financial institutions do not publish publicly.

"The system receives information from banks directly and gives the user the opportunity to easily compare their features and conditions. The service also issues insider information, important notes on banks: these are key clarifications that warn the client on compliance parameters, complement the requirements of banks. That is, the user will understand what requirements he should fulfill in order to go through the parameters to a particular bank to receive a bank guarantee, "the developers explained.

According to representatives of the WebProjects company, such a tool will be indispensable for tender specialists, chief accountants and directors of companies related to public procurement. He will save them the time they would spend comparing all conditions manually, calling brokers and bank managers, and then waiting for a guarantee decision.