Performance Guarantees
What is a Performance Guarantee?
A performance guarantee, facilitated by Financely through partnerships with leading surety companies and banks, provides a financial safeguard ensuring that a contractor fulfills their contractual obligations.
If the contractor fails to meet these obligations, the guarantee compensates the project owner for losses incurred, up to the full bond amount.
Key Features
- Credible Backing: Supported by reputable surety companies and financial institutions.
- Full Coverage: Protects against financial losses due to contractor non-performance.
- Customizable Limits: Adjust the coverage amount based on the contract size and risk.
Apply for a Performance Guarantee
Protect your contractual interests effectively. Request a quote for bespoke a performance guarantee that fits the scope and requirements of your contract.