If you get a guarantee or surety through the bank, the amount of the guarantee is automatically deducted from the rate made available by the bank. Other (non-bank) guarantee providers do not take up available liquidity. There are other reliable companies with good ratings that can often issue guarantees within 24 hours. And who of course actually pay out should the need arise. Xolv works with reliable companies, so you can always be sure that the right party is selected for you. Even if you do business internationally.
What kind of guarantees are provided?
- Bank statement.
- Enrolment guarantee.
- Prepayment guarantee.
- Performance guarantee.
- Maintenance guarantee.
- Customs guarantee.
- WIA/WGA guarantee.
So how does that work?
- Need warranty determination.
- Based on the contract to be concluded, the guarantee requirement can be determined.
- Risk analysis.
- Analysis of annual reports for the past 3 years.
- Corporate structure.
- Forecast current and upcoming year.
- Warranty drafting.
- Once the space is established, a guarantee can be provided within 24 hours.
The specialists at Xolv are ready for you! Feel like having an informative conversation? Please contact us!
