Specialist commercial guarantee review

Advance Payment Bonds

Advance payment bonds may be requested where a customer pays money upfront and wants protection if the supplier fails to deliver the agreed work, goods or service.

Request a surety guarantee review Call 0330 127 2333

Performance, retention and advance payment bonds Contract wording reviewed before market approach Specialist Lloyd's and company market routes

Specialist surety placement starts with a clear submission

A specialist submission route for upfront-payment security where bond wording, payment milestones and delivery evidence matter.

We will ask for enough information to understand the contract, beneficiary, amount, timing and financial evidence before approaching suitable specialist markets. Availability is always subject to underwriting and accepted wording.

Why advance payment bonds matter

The beneficiary is usually trying to protect money released before completion. Underwriters therefore want to understand how the funds will be used and how the business will complete the obligation.

Upfront materials, mobilisation or production funding.
Milestone payments before final delivery.
Import, manufacturing or project supply contracts.

Information to include

The submission should connect the advance payment amount to the contract schedule, delivery plan and financial position of the business.

Advance payment amount and contract value.
Payment schedule, delivery milestones and beneficiary details.
Accounts, order book and evidence of relevant experience.

Related bonds and guarantee guides

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