Surety Bonds
Unlocking Liquidity Beyond Bank Lines
Surety bonds provide guarantees that contractual obligations will be met. They protect beneficiaries such as project owners, public authorities, or suppliers against losses resulting from a counterparty’s non-performance.
Typical surety instruments include performance bonds, payment guarantees, bid bonds. For corporates, surety offers a valuable alternative to bank guarantees, preserving credit lines and improving balance sheet efficiency. For banks, surety provides effective de-risking for unfunded exposures.
Cofarco’s decompartmentalised approach to markets ensures clients access the best global surety capacity, adapted to their sector and project requirements.
“Through surety, we free up bank lines and provide guarantees that strengthen our clients’ contracts—delivering liquidity and capacity beyond traditional financing.”
A-
minimum rating of most surety providers