02 Apr 2009 12:00 AM:
Hi All,
I want to rent a business and the landlord (a company) asks for the rent 6 months bank guarantee except of the 2 months security deposit. I never dealt with bank guarantee and what I have found on the internet it is usually for very big amounts for big companies. I do not really know if it means that I have to close on my account 6 months’ rent (than why they do not ask more security deposit?) - or what is the way to get bank guarantee to start a business. It is quite serious business with small risk. Is it enough to the Spanish bank if the business project is good?
What a Spanish bank ask for give this guarantee for a starting business and is it possible to get it?
If somebody can help me to explain I will be very thankful.
Supa
Thread:
What is Bank Guarantee?
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