Are bank guarantees issued through the Assuro platform only secured by cash?

Assuro offers both cash-secured and partially secured bank guarantee products.

Our standard guarantees are 100% cash secured, with no minimum value. For example, if you require a $100,000 bank guarantee, you would deposit $100,000 with the issuing bank.

For businesses that prefer not to tie up working capital, Assuro also offers the Business Loan Bank Guarantee. This option combines the guarantee with finance to secure it, allowing you to obtain the guarantee without providing the cash deposit upfront.

With a range of products and banking partners available, you can choose the solution that best suits your business needs. All security is deposited directly with and held by the issuing bank. Under the Financial Claims Scheme (FCS), deposits of up to $250,000 per account holder per authorised deposit-taking institution are protected by the Australian Government.

Are bank guarantees issued through the Assuro platform only secured by cash?

Assuro offers both cash-secured and partially secured bank guarantee products.

Our standard guarantees are 100% cash secured, with no minimum value. For example, if you require a $100,000 bank guarantee, you would deposit $100,000 with the issuing bank.

For businesses that prefer not to tie up working capital, Assuro also offers the Business Loan Bank Guarantee. This option combines the guarantee with finance to secure it, allowing you to obtain the guarantee without providing the cash deposit upfront.

With a range of products and banking partners available, you can choose the solution that best suits your business needs. All security is deposited directly with and held by the issuing bank. Under the Financial Claims Scheme (FCS), deposits of up to $250,000 per account holder per authorised deposit-taking institution are protected by the Australian Government.

Are bank guarantees issued through the Assuro platform only secured by cash?

Assuro offers both cash-secured and partially secured bank guarantee products.

Our standard guarantees are 100% cash secured, with no minimum value. For example, if you require a $100,000 bank guarantee, you would deposit $100,000 with the issuing bank.

For businesses that prefer not to tie up working capital, Assuro also offers the Business Loan Bank Guarantee. This option combines the guarantee with finance to secure it, allowing you to obtain the guarantee without providing the cash deposit upfront.

With a range of products and banking partners available, you can choose the solution that best suits your business needs. All security is deposited directly with and held by the issuing bank. Under the Financial Claims Scheme (FCS), deposits of up to $250,000 per account holder per authorised deposit-taking institution are protected by the Australian Government.

Are bank guarantees issued through the Assuro platform only secured by cash?

Assuro offers both cash-secured and partially secured bank guarantee products.

Our standard guarantees are 100% cash secured, with no minimum value. For example, if you require a $100,000 bank guarantee, you would deposit $100,000 with the issuing bank.

For businesses that prefer not to tie up working capital, Assuro also offers the Business Loan Bank Guarantee. This option combines the guarantee with finance to secure it, allowing you to obtain the guarantee without providing the cash deposit upfront.

With a range of products and banking partners available, you can choose the solution that best suits your business needs. All security is deposited directly with and held by the issuing bank. Under the Financial Claims Scheme (FCS), deposits of up to $250,000 per account holder per authorised deposit-taking institution are protected by the Australian Government.