Commercial Bonds
Commercial bonds provide security for compliance obligations required by regulation, statute and commercial contract.
Lease Performance bond
These bonds are designed for profitable businesses who lease commercial property,
Lease Performance bonds provide security to the landlord against default or non-performance by the tenant. Used in lieu of a cash deposit or bank guarantee these bonds free up capital which could well be used to grow the business.
Commercial Deposit bond
On purchasing commercial property, the purchaser generally pays deposit to the vendor at exchange of contracts.
The purchaser traditionally uses cash or a bank guarantee for the deposit.
A Commercial Deposit bond replaces the cash or bank guarantee for the purpose of the deposit.
These bonds provide a convenient way to secure property without the release of capital
Residential Deposit bond
On purchasing residential property, the purchaser generally pays deposit to the vendor at exchange of contracts.
The purchaser traditionally uses cash or a bank guarantee for the deposit.
A Residential Deposit bond replaces the cash or bank guarantee for the purpose of the deposit.
These bonds provide a convenient way to secure property without the release of capital
Probate/Transfer indemnity bond
These bonds provide a fast and inexpensive way to release assets from a deceased estate without having to obtain a grant of probate. A Transfer indemnity bond indicates the “Last Will and Testament” of the deceased is within reason a valid document and should be recognised and treated as such.
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