Guarantee and surety insurance
It is common practice for guarantee and surety insurance to be used in the industry and building sectors in machinery and plant engineering. Small and medium tradesmen can also use guarantee and surety insurance to reduce their credit volume with the bank and create extra capacity for liquidity.
There are always new and diverse providers on the market as well as differing credit processes between providers. Particularly with large guarantees it’s often worthwhile not just relying on one insurer but instead finding an overall solution involving a few providers.
Why us?
We understand the insurer’s requirements with regard to lending and can help you to position your company correctly.
You can rely on us completely to help you find the best partner. As soon as we have found the right one, we’ll assist you with drawing up the contract, starting with specific clauses through to international wording for non-domestic providers.
We can help you to optimise and increase your existing guarantee or surety lines. Additionally, we are on hand with our expertise regarding the structure of specific guarantees such as lease or customs guarantees.
If you’d like to know which guarantee or surety lines are available for your particular situation, you can send a direct inquiry from the household comprehensive insurance here to get an initial indication.
Our areas of expertise
Credit insurance
Optimise your risk management and secure your debts against payment defaults.
Purchase financing
With the help of purchase financing you can ensure you get early payment discounts and rebates without being constrained by deadlines.
Trade financing
Through trade financing you can secure liquidity for trade and protect yourself against economic and political risks.
Inventory financing
Using inventory financing you can convert your tied up capital in inventory into additional liquidity.
Forfaiting
As with factoring, you sell your account receivables through forfaiting. Thereby profiting from additional liquidity and protecting you from bad debt.
Reverse factoring
Longer credit periods for the buyer, faster liquidity for the suppliers – with reverse factoring both profit.
Factoring
With factoring you can convert your account receivables into direct liquidity and create financial freedom for your company. Additionally, you are protecting yourself against bad debt.
Leasing
Through leasing, capital goods – from production machinery through to IT systems – are not purchased but instead can be used over time. As there are no purchasing costs, leasing protects the liquidity.
Credit lines
As your business grows so does your financing requirement. We can help you to get additional credit lines from banks.
Debt collection
Not all invoices are paid within the due date – in these situations debt collection companies can help you with the dunning process right through to legal foreclosure.
Credit referencing
Trust is good but knowing in advance is better: avoid payment defaults and get credit references and credit worthiness reports about your business partner.
Capital goods credit insurance
Using capital goods credit insurance, safeguard production risks as well as lengthy credit periods.
Guarantee and surety insurance
With guarantee and surety insurance, the insurer undertakes warranties, guarantees and similar sureties in order to fulfil your liabilities.
Top-up cover
Additional Top-up cover helps to avoid shortfalls in credit insurance policies.
Single Buyer
Single-buyer credit insurance protects you against the default risk of individual buyers.
Multi-Buyer
The multi-buyer policy is a special type of credit insurance which allows you to insure a selected group of clients.
Preferential payment insurance
Protect yourself with retrospective coverage against insolvency disputes.
Fidelity insurance
A lot of business transactions are based on trust. Insure your company against abuse of this trust from personnel or fraudulent internet crime.