Guarantees & Specialty Finance

Our product line is a distinct and innovative option for those seeking an alternative to bank guarantees, with the added value of requiring zero collateral. Essentially, it functions as an unsecured guarantee. Through our focused strategy, we have gained expertise in procuring and executing guarantees for clients from specific nationalities and geographies.

Moreover, we are adept at working through complex challenges and strict requirements, including tight timelines, complex guarantee wordings, and difficult geographies or structures. Our extensive global network covers Africa, Europe, and Asia, enabling us to partner with top-rated insurance players and financial institutions to provide exceptional end-products to our clients.

With flexible ticket sizes, we are a top choice for clients of all stature, including those with limited exposure. We have successfully placed bonds and guarantees for large corporations, and in combination with our clients' credentials and financial strength, we can attain limits ranging from USD 1 million to USD 100 million.

Advance Payment Guarantee / Advance Payment Bond:

An Advance Payment Guarantee is a financial instrument which protects the buyer in case of the seller's failure to deliver the goods or services. The buyer pays an upfront payment to the seller, and in turn, the bank issues an Advance Payment Guarantee ensuring the buyer is protected against financial losses. This guarantee offers assurance to the buyer that the advance payment will be refunded in case the seller fails to live up to their commitments. It provides security and helps to maintain business relationships by ensuring financial security.

Performance Guarantee / Performance Bond:

The Performance Guarantee (PG) is a promise or assurance from a company or individual that a product or service will meet certain performance standards. These standards typically include measures of quality, efficiency, and reliability. The customer is protected under such a guarantee as they can seek restitution if the product or service fails to deliver on the promised levels of performance.

Surety Guarantee / Surety Bond:

A Surety Bond, also known as a Surety Guarantee, is a contractual agreement between three parties - the principal, the obligee, and the surety. It guarantees that the principal will fulfill their obligations to the obligee as outlined in the contract. If the principal fails to do so, the surety will step in and fulfill those obligations, up to the bond amount. Surety bonds are commonly used in the construction industry to ensure project completion and payment to subcontractors and suppliers. Other industries, such as finance and healthcare, also require surety bonds for licensing or regulatory purposes.

Letter of Credit:

A Letter of Credit (LC) is a financial document commonly used in international trade transactions. It is a contractual agreement between a buyer and a seller issued by a bank, acting as a neutral third-party. The LC guarantees that the seller will receive payment as long as they comply with the terms and conditions of the transaction. It assures the buyer that the goods or services will be delivered as agreed upon. LCs minimize risk and dispute, making them an essential tool for businesses engaged in cross-border trade.