Surety Bonds with Assuro

A digital platform that simplifies the surety bond process.

Remove growth constraints and free up your assets.

Online

Apply for a bond facility via our simple digital application.

Transparent

Stay in control of your existing bonds via Assuro's suite of bond management tools.

Fast

Establish bonds quickly from the convenience of your computer.

Simple

Invite the beneficiary to review, edit and approve the live bond draft to streamline and simplify the drafting process.

Why Surety Bonds?

Better flexibility compared to bank guarantees.

Free up your assets - Assuro's bond facilities are not cash secured.

Improved liquidity - Surety bonds provide greater flexibility by allowing your business to better leverage its capital base, enhancing working capital and increasing liquidity.

Remove growth constraints - Surety bonds don't limit the ability of your business to grow based on the amount of cash you have available to secure bank guarantees.

Why Surety Bonds?

Free up your assets
Bond facilities are not cash secured.

Improve liquidity
Surety bonds provide greater flexibility by allowing your business to better leverage its capital base, enhancing working capital and increasing liquidity.

Remove growth constraints
Surety bonds don't limit the ability of your business to grow based on the amount of cash you have available to secure bank guarantees.

How it works.

1. Get a facility

Apply via the Assuro platform for a new facility. The process is quick and easy and it's all online.

2. Quick approval

Our bond provider will conduct an initial assessment of your application to determine whether your business may qualify for a bond facility.

3. Establish bonds

With your facility in place - you can draft, invite people to collaborate, submit and establish bonds. Simple.

1
Signup & Invite

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2
Verification

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3
Submission & delivery

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4
Monitor & report

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Construction businesses that meet the following criteria are eligible to apply:

Well developed business with solid track record
At least 3 years of continuous profitability
At least 3 years with turnover above $40m p.a.
Minimum net tangible asset position of $3m
Positive net operating cashflow
Positive working capital position
Demonstrated capital retention within the business
Evidence of professional financial and operational management
Main contracting entity is not in a trust structure
Technical ability to deliver on all contractual requirements
Applicants who have ATO payment arrangements
Applicants engaged in speculative property developments

Assuro Platform

Managing your established bonds has never been easier or more powerful.

Bonds established on the Assuro platform automatically integrate with Assuro Cloud which allows clients to streamline administration and tighten control of their bonds.

With Assuro Cloud, you can:
  • Generate custom reports
  • Set up alerts to monitor deadlines
  • See realtime facility status information
  • Forecast future capacity using our projected bond feature
  • Tighten control and streamline administration
  • Invite team members to your account so they can track documents and assist with document management
  • Add meta data to strengthen your reporting and custom alerts
Apply NowRequest a Demo