Our experience has shown that guarantees often unnecessarily cover more than originally planned or required. And this has negative consequences. Utilising the guarantee can considerably increase the payment risk.
We are happy to advise our clients regarding formulating the guarantee wording from a practical, technical and business perspective. We will also take a close look at the underlying project, applying the necessary expertise to check the calculation and ascertain whether the project will generate a profit in the future. This is how we minimise the project risk.
We will also happily perform random sampling on projects and will monitor the use of funds. This makes straightforward project financing possible that considerably reduces guarantee risk right from the start. We can also conduct a quick check to assess a company’s overall order position, giving you a general risk assessment before a new guarantee is issued.