The benefits of having a Lombard fuel guarantee in place
- More appropriate security* (as opposed to collateral) is required to secure the guarantee, freeing up cash flow
- A cheaper and more effective alternative to a bank overdraft allows you to grow your business at a lower cost when used optimally
- Partnering with experts in the guarantee business who take the time to understand your business and stand by it, sharing in the risk and assisting in improving business efficiencies and allowing the business to achieve its real potential
- Flexible wording and unique policy drafting – to suit your business and business needs.
* Security could include Trading Debtors and Shareholders surety and be foreclosed in the event of a claim being paid out to the supplier