If you're a business that sells goods and services on credit terms, a percentage of your working capital may be tied up as accounts receivable and credit insurance may be the solution.
Trade Credit insurance can protect your accounts receivable from losses such as insolvency or protracted default.
Guardian are able to arrange cover with a broad range of policies to suit your businesses' risk management needs.
Or, you may be looking for an alternative to bank guarantees, without interfering with your assets or credit lines. Surety Bonds provide the principal client (project owner) with a level of financial compensation in the event of the default or failure of a contractor under a construction contract. There are a range of bonds available to contractors to meet a number of contract security requirements and Guardian can assist in arranging this for you as required.