In order to endorse the business, the suppliers need to show reliable performance to their consumers. Most of the clients in Thailand rely on the performance guarantee to get the assurance of receiving good performance or products from the suppliers. Do you need Performance Guarantees in Thailand ? Hence, you need to contact a reputed Non-Banking Financial Company (NBFC) in this regard. After having this guarantee, you will be bound to compensate for any loss incurred up to the amount of the performance bond. But prior to consulting with an NBFC, you should know about performance guarantee in detail. What is a performance guarantee? A performance guarantee is nothing but a business agreement between a consumer and a supplier for the suppliers to perform all the obligations which are written in the contract. In the world of business, you will meet many of such guarantees. Each of the promises is kept in unique ways through which a company or a contractor can stick to its