Performance Guarantee

Clients entering into a financial arrangement with a third party that require a guarantee of their repayment obligation

Recommended for

  • Clients entering into a financial arrangement with a 3rd party that require a guarantee of their repayment obligation.

Key features

Key benefits
  • Clients entering into a financial arrangement with a 3rd party that require a guarantee of their repayment obligation
  • Flexible limit
  • Guarantee can be used for a variety of different purposes (eg, contracts, bidding etc)
Guarantee period
  • Generally up to 10 years, or into perpetuity by exception
Limit
  • To be advised by the client

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