- A dedicated team specialized in bonding products
- An attractive alternative to bank guarantees by:
- more available capacity on credit lines with banks
- alleviating the collaterals granted to the banks
- Access to tender procedures
- Issuance of cross border bonds in the European Union
- A long-lasting partnership with Credendo
What we offer
We offer many types of bonds and guarantees for your domestic and European partners, among others:
- Bid bonds
- Performance bonds
- Advance payment bonds
- Retention/warranty bonds
- Customs bonds
- Environmental bonds
- Completion bonds
In France, we set up bonding facilities from a few millions euros.
When Credendo issues a bond or a guarantee, this gives further assurance (to your counterparty) that your company will fulfill its contractual and legal obligations. Bonds can help you in the process of getting contracts awarded, especially from public entities or governments, or benefit from advance payments to perform projects.
Our professional surety team that is active in different European markets is able to leverage capacity backed by Credendo Excess & Surety’s financial strength to design flexible surety solutions fitted to your particular needs.
- Strong financial security with an A- rating from Standard & Poor’s
- High level of expertise in the surety business
- Dedicated surety team present in different European markets
- A cooperation focused on the long-term