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Business Performance GuaranteesTrade Credit Guaranty / Financial Guarantees
If your business trades with other companies on credit terms or offers financial guarantees, IBCS can help. We offer access to a full range of Business Performance Guarantees, financial guarantees and similar products designed to protect your cash-flow and balance sheet against the adverse impact of bad debts. Trade Credit Guaranty policies cover against the risk of non payment, due to your customers' insolvency, and protracted default (ie, non-payment six months after original payment due date). For exporting companies, they can also extend over losses arising as a consequence of Political (Country) risk. Find out about our Trade Credit Guaranty services today About this product Using the simple links on this page you can also see a simple description of how Trade Credit Guaranty works. You can also find out about indicative costs, see what services we provide, and about contact us for a quote. Disclaimer: This page is not meant to provide conclusive legal definitions of construction surety bonds. It is only to serve as a reference by which you may conduct further research into the legalities of construction surety bonds.
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