How does it work?


Guarantors will look at the following parameters:

The technical risk
Guarantors will generally only cover certain activities. Generally speaking, guarantors do not do financial guarantees which might be called with reference to any no performance of activity.

Legal risk
The guarantor will examine closely the wording of the contract and may ask for amendments and or corrections. Guarantors are moreover attentive to the zone covered by the guarantee (for instance exports to countries with limited judicial recourse).

Financial risk
The guarantor will, like all other financial institutions, inspect the financial health of the applicant. It will decide upon a maximum coverage (generally equivalent to the applicant’s equity). In the event of large sums needing guarantees, multiple guarantors are advised.