Surety Bonds

What are surety bonds? 

With this insurance, we guarantee the Creditor (State or Private) the fulfillment of the contractual obligations of the Policyholder (Principal), or compensation for damages caused by their breach.

Applies to: construction, supplies, and/or services, among others.

We help you:

  • Comply with your contracts with the government and private entities.

  • Use alternatives to bank guarantees.

  • Free up your bank credit lines.

  • Save time with online procedures.

  • Personalized advice for your business.

  • Support at every step of your growth.

  • No annual facility fees.

  • Comply with your contracts with the government and private entities.
  • Use alternatives to bank guarantees.
  • Use alternatives to bank guarantees.
  • Save time with online procedures.
  • Personalized advice for your business.
  • Support at every step of your growth.
  • No annual facility fees.

Requirements:

  • Audited financial statements for the last three periods.

  • Corporate profile of the company.

  • Bank and commercial references.

  • Copy of the tender notice and/or contract to be guaranteed.

  • Copy of current legal entity registration, with shareholding up to 10% by individuals.

  • Audited financial statements for the last three periods.
  • Corporate profile of the company.
  • Bank and commercial references.
  • Copy of the tender notice and/or contract to be guaranteed.
  • Copy of current legal entity registration, with shareholding up to 10% by individuals.

If it is a construction company, the following must be added:

  • All projects currently in the works.

  • Details of the most significant projects executed and completed in the last three years.

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