Bonded Global is partnered with a Australian Prudential Regulation Authority (APRA) and Reserve Bank of New Zealand (RBNZ) approved international insurance company to offer Surety Bonds for Australian and New Zealand domiciled contracting companies. Surety Bonds assist by freeing up valuable working capital and credit lines normally required as security under a bank guarantee. From small to large bonds - we are here to help! It’s simple - we know the surety guarantee business and the strain traditional bank guarantees can place on a business - so now you now have a great alternative!
Businesses are often required to provide a performance bond that gives stakeholders a guarantee of financial compensation in case the business cannot complete the project as specified. Increasingly, such performance bonds are a prerequisite for contracts being awarded in a wide range of fields. Being able to provide a Surety Bond opens doors for businesses, making it far more attractive for decision makers to award contracts to them.
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