Surety bonds are commonly used in the industrial and construction sectors, as well as in mechanical and plant engineering. Small businesses also frequently take advantage of surety bonds to free up credit lines with their primary bank and create additional liquidity.

There are a wide variety of providers on the market, with new ones constantly emerging; moreover, the credit application process varies significantly from provider to provider. Especially when it comes to large guarantees, it often makes sense not to rely on just one insurer, but to find a comprehensive solution involving multiple providers.