Surety is a bond or guarantee which provides security to protect a Beneficiary against the default or insolvency of the Principal up to the limit of the bond. It may also be issued to protect a government department against failure of an enterprise to pay taxes or customs duties.
Performance Bonds
These are guarantees which protect an employer against failure of a contractor or supplier to complete a contract in accordance with its terms and specifications.
Duty Deferment Guarantees
A duty deferment bond or guarantee for payment of Duty and VAT to be deferred for up to 45 days, which will take you closer to the time when you can expect to be paid by your customers. It also protects H M Customs & Excise from the risk of payment default, usually due to customer insolvency.
For more information, please read our Surety Brochure.
To be contacted about our Surety solutions, please complete the enquiry form.
To apply for a bond or guarantee, please complete the Performance Bond Request form.
