We're guaranteed to help you
With a guarantee or surety bond provided by the LLB, you do not make your liquidity dependent on securing potential or existing obligations. We take care of that part – provided your credit standing is good.
Every guarantee, single surety bond, or warranty bond is backed up by the obligation to render a performance or payment as needed or if a risk event occurs. We are able to provide precisely this kind of assurance to you. In relation to your contract partner – and separately from the contractual relationship itself – we give you this added security by irrevocably undertaking to make a payment to the beneficiary if you are unable to duly meet your contractual obligations. This means that if your business has good credit standing, we serve as your guarantor. In this way, we ensure smooth financial transactions with your business partners (beneficiaries) at all times. The need for such a guarantee or surety bond is usually very specific to the client. We therefore recommend that you discuss and clarify your needs with our experts during a personal consultation.
- Individualised hedging of business and financial risks
- High degree of payment security for the recipient (beneficiary)
- Securing of contractor performances for new buildings and renovations as an additional acquisition element
- Smooth payment settlement thanks to our experience
- No need to tie up current liquidity
Why a guarantee may be useful and effective
There may always be reasons in a given case to hedge contract risks as well as payment and performance obligations in relation to a trusted partner. Discuss your needs with us – we will find an effective solution.
Free up liquidity
Security for both sides
Many options for more security
Liquidity plays a key role for successful business development. Individualised options are available for every need. We are happy to advise and assist you as your partner.
You need a guarantee – we're here for you
Come see us
Visit one of our branches. We look forward to giving you tailored advice.
Get in touch with us
Call us. We're happy to assist you by phone as well.