Foreign guarantees
Dealing with new overseas customers or suppliers?
You can use guarantees, or bonds, to give them confidence in your ability to perform under a contract or make payment. We can help you tailor the guarantees and bonds that we issue to meet your particular needs, whatever the business situation
Why use foreign guarantees?
- Because they enable you to bid for overseas business that you might not otherwise have considered tendering for
- For the seller, improved credit-worthiness may allow you to negotiate better terms and conditions
- They help your cash flow by enabling your buyers to release cash earlier
- They protect your business against loss due to certain types of event or in certain market conditions