"Guarantee that your buyer gives you to cover their payment. Securities can be: personal: this is an undertaking made by a third party to pay instead of your defaulting buyer (aval, guarantee). real: you have certain rights to your buyer's property which will allow you, in the event of their default, to either have their property sold and to pay yourself from the proceeds of the sale, or to take ownership of it."

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A mid-market credit insurance solution for trade in Romania and for export