- Having a dedicated team specialized in bonds available
- An attractive alternative to bank guarantees by:
- Preserving cash flow, borrowing capacity and credit lines with banks
- Alleviating the collaterals granted to the banks
- Gain pre-qualification deals
- Issuance of cross border bonds in Europe
- Enter into a long-lasting partnership with Credendo
What we offer
- We provide surety bonds and guarantees across a wide range of industries, sectors and companies size
- We rely on experienced and empowered surety teams with a strong local base in European countries (Cross-Border)
- We offer meaningful capacity to issue a variety of surety bonds types according to your project needs and the country-specific requirements
- We can design specific bonds and guarantees tailor made to your own requirements.
- The surety bond or guarantee is an assurance for your counterpart that your company will meet the legal and contractual obligations of the contract. .
- We are a digital surety provider with the possibility to issue bonds via PDF
- We offer a digital platform for the administration of your surety portfolio
- We offer these bond types;
- Bid Bonds
- Advance Payment Bonds
- Performance Bonds
- Warranty Bonds
- Sub-Contractor Bonds § 650 f BGB
- Customs Bonds
- Rental Bonds
- Other special bonds
When Credendo issues a bond or a guarantee, this gives further assurance (to your counterparty) that your company will fulfill its financial, contractual and legal obligations. Bonds can help you to award a contract, especially from public entities or governments, or benefit from facilities payment.
Our professional team that is active in different European markets is able to leverage capacity backed by Credendo Guarantee and Speciliaty Risks 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
- Partnering is our credo