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Surety Bonds

With over 40 years of experience, we understand that peace of mind is essential. That’s why we offer the support of expert advisors throughout the entire process—from needs assessment, quoting, and issuance to, if necessary, execution of the bond—to ensure your business continuity.

We specialize in the following types of surety bonds:

Administrative:

Guarantee the fulfillment of obligations under a work or procurement contract.

Fidelity:

Protect the employer by covering damages caused by one or more employees to the employer’s property or to third-party assets for which the employer is legally responsible.

Judicial (Non-Criminal):

Ensure the fulfillment of an obligation arising from a legal proceeding, to be presented before a competent authority.

Credit:

Guarantee credit-specific operations, ensuring creditors recover the amounts granted.

Judicial Guarantee Bonds:

Ensure compliance with obligations arising from legal proceedings, to be submitted to the appropriate authority.

Other types available upon request.

We offer specialized guidance throughout the entire process

Risk assessment and evaluation of the guarantor’s capacity to meet obligations

Our team of specialists will assist in evaluating risk and the guarantor’s ability to fulfill payment obligations, helping to define appropriate guarantee terms and limits.

Support in defining the most favorable terms and conditions for your business

We assist during contract negotiations to ensure 100% of the bond requirements are covered.

Negotiation with our partners to obtain the best proposals

We present the most competitive options that align with your needs and requirements.

Guidance throughout the bond issuance process

We provide full support during the documentation, payment, and issuance stages of your guarantee.

Ongoing support in the event your bond needs to be executed

If your bond must be enforced, we accompany you throughout the process to ensure a timely and transparent resolution.

Frequently Asked Questions

Why should I request a surety bond?
  • It builds trust between contracting parties by ensuring the fulfillment of agreed obligations.
  • In contracts with the public sector, it is often a legal requirement.
  • Surety Company (Guarantor): Issues the bond
  • Principal (Obligor): Commits to fulfilling the obligation
  • Obligee (Beneficiary): The party for whom the bond is issued  
  • Intermediary (Broker): Facilitates the issuance and placement of the bond  

 

  • When the bond expires alongside the principal obligation
  • When the obligation is fulfilled
  • When the bond is paid
  • Due to legal extinction causes such as expiration, statute of limitations, compensation, non- guaranteed extensions, settlements, novation, etc.
  • Pledge: Custody of movable assets, typically in cash
  • Joint Obligation: A third party guarantees the bond if the principal fails to meet obligations
  • Counterguarantee: The guarantor assumes responsibility in case of default by the principal
  • Collateral (Real Estate): A lien on a real property belonging to the principal or guarantor
  •  
  • Yes. Surety companies charge a bond premium plus administrative fees, taxes, and VAT. This cost is typically annual.

Contact us

Tell us how we can help you, and one of our specialists will get in touch to create the best solution for you.

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