Services

Credit and Financial Risks

Every business has risk around the financials and finance management: it’s accepted as part of running a business. But some of the risk can be removed utilising insurance, providing balance sheet protection and cashflow benefits.

Our experienced team can help you look at protecting your finance through an array of products and services, tailored to your requirements.

Commercial Tenant Default Insurance

This product provides protection to commercial and industrial property owners and funds against the key exposure of a tenant insolvency, providing balance sheet protection and protection of ROI.

Things you should consider:

1. Do I have a single use property that would be difficult to quickly re-lease?

2. Does my tenant have a specialised fit out that would take significant time to restore before the property could be re-leased?

3. Do I have enough protection via a bank guarantee to protect my forecast return on investment?

Commercial Tenant Default Insurance

This product provides protection to commercial and industrial property owners and funds against the key exposure of a tenant insolvency, providing balance sheet protection and protection of ROI.

Things you should consider:

1. Do I have a single use property that would be difficult to quickly re-lease?

2. Does my tenant have a specialised fit out that would take significant time to restore before the property could be re-leased?

3. Do I have enough protection via a bank guarantee to protect my forecast return on investment?

Lease Bonds

This product allows business to free up cash or assets tied up in bank guarantees to provide a landlord with security for your lease/s. It is an excellent tool to help improve your cashflow, particularly for business with high value leases or multiple leases.

Things you should consider:

1. How could my business better use cash or assets tied up in bank guarantees to better use?

2. Could I secure a better lease knowing I can use a lease bond in lieu of a cash guarantee?

Surety/Performance Bonds

Surety Bonds can provide an attractive alternative to bank guarantees for use by contractors that are required to provide security to the principal, guaranteeing contractual or performance obligations.

Surety Bonds are widely used for contracts within the engineering, building, manufacturing, services and technology sectors.

Things you should consider:

1. How could my business better use cash or assets tied up in bank guarantees to better use?

2. Would I be more confident taking on new projects if I didn’t have to provide a cash or bank guarantee?

3. Would it help me secure a job if I could offer higher/more secure Bonds to offset risk to my customer?

Trade Credit

Businesses, regardless of their size or history, face many financial risks associated with bad debt. If your Company sells goods or provides services on credit terms, Trade Credit insurance can provide certainty of payment, eliminating factors outside your control such as customer insolvency.

Trade Credit Insurers also undertaken detailed underwriting assessment of your clients, helping you decide which clients are right for your business to partner with.

Things you should consider:

1. What is the maximum uninsured loss our business could sustain if customer on credit terms went insolvent?

2. Am I trying to grow my business quickly, and into new markets?

3. Am I trading internationally, and what levels of recourse do I have against overseas insolvent entities?

For more information please contact us

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