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It is common for a buyer to require you, as their supplier, to provide bonds (or guarantees) as part of a contract.

Bonding is also often a prerequisite for Australian subcontractors providing goods or services to domestic export-related contracts.

We may be able to help when your bank is unable to provide a bond or requires security that you are unable to provide.

We can either issue bonds directly or provide a guarantee to a bank issuing a bond.

The types of bonds we can provide are:

  • Advance payment bonds that provide your buyer with security for their advance payment under an export contract
  • Performance bonds that give the buyer of your product or service assurance that if you don’t meet your obligations under a contract the buyer can call on the bond to reduce its losses
  • Warranty bonds that protect your buyer from loss if you don’t meet your contractual warranty obligations after the contract is completed
  • US Surety bonds that allow you to meet your US bonding requirements and compete more effectively by supplying a surety bond from our registered US surety bond issuer, Liberty Mutual Insurance.

How does a bond work?

Benefits

  • Enables Australian exporters and companies in export related global supply chains to win more contracts
  • Prevents business being lost to an overseas competitor that has the available security to have bonds issued by their bank
  • Unlocks working capital, which can help finance additional export contracts.

Case studies

The case studies below demonstrate how we have provided bonds to assist Australian companies win contracts.

Access export finance

Find out more now.

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