ضمانت نامه - صندوق پژوهش و فناوری استان البرز

Guarantee Services Provider

Alborz Research and Technology Fund, as a specialized financial and credit institution within the innovation ecosystem, supports knowledge-based companies, startups, and economic actors by providing financing facilities, guarantees, contract development and manufacturing services, along with acceleration and commercial support. All legal entities registered with the Companies Registration Office and holding a registration number and national ID — whose board members and authorized signatories have no history of returned checks or outstanding bank liabilities — are eligible to obtain guarantees from the Alborz Fund.

Request for Guarantee

What is a Guarantee?

A guarantee is a contract under which the guarantor (issuer), at the request of the applicant (principal), irrevocably undertakes to pay the beneficiary the guaranteed amount at the specified maturity upon written demand and without any conditions. Therefore, guarantees carry significant obligations for the issuer, and credit assessment of the client is one of the most important prerequisites for issuance.

Guarantees Issued by Alborz Fund

Bid Bond (Tender/Offer Guarantee)

This type of guarantee is used exclusively in tenders and auctions. When participants enter a tender or auction, the beneficiary requires a guarantee to ensure that, if the participant wins, they will proceed with signing and executing the contract.

In Advance Payment Guarantee

Issued at the contractor’s request in favor of the employer to ensure that advance payments are used solely for fulfilling contractual obligations and not for any unrelated purposes.

Performance Guarantee (Performance Bond)

Issued at the contractor’s request to assure the employer of the proper and timely fulfillment of contractual obligations in accordance with the terms of the contract.

Retention Money Guarantee (Release of Retention Bond)

If the employer retains part of the invoice amount as retention after project progress or delivery, the contractor may — upon employer approval — submit this guarantee to receive the retained funds.

Customs Guarantee

Importers must pay customs duties upon entry of goods into the country. If payment cannot be made at the time of import, the importer must provide a customs guarantee and fulfill all obligations by the specified maturity date.

Payment Guarantee (Financial Guarantee)

Issued in favor of a creditor to guarantee payment of a definite debt at a specified maturity date. If the debtor fails to pay on time, the creditor may claim the guaranteed amount from the issuer.

Features of Alborz Fund Guarantees

Security Deposit

The required cash collateral for guarantees is set at a flexible 5% rate, which may be converted into commission fees.

Fees

The issuance fee for most guarantees is 1.5%, while the fee for Bid Bonds (Tender Participation Guarantees) is 1%.

Issuance Time

After establishing the credit limit at the initial stage, guarantees are issued in less than two business days.

Collateral

No charges are applied for credit assessment and determination of the credit limit. Based on the performed evaluation, acceptable collateral may include: Applicant’s check Third-party guarantor Real estate pledge (mortgage collateral)

Application Process

All stages of the guarantee application are conducted electronically.

Evaluation Fee

No fee will be charged to companies for credit assessment and determination of the credit limit.