The Bonds are elements of security that can help the growth of business, as they provide to clients or beneficiaries, the certainty that the company will meet its obligations and commitments to acquire satisfactorily, which is established by of a contract.
In Mexico, the most requested bonds , mainly by SMEs are:
They guarantee to those who contract the services that the company will comply with the terms and conditions of the policy.
Loyalty Bonds : Protect the assets of the company, (money, materials and information) of any damage that could be committed by an employee against them, economically repairing said damage.
Advance, Compliance and Good Quality Bonds : They guarantee the good use of the advances, the fulfillment of the contract and the good quality of the work done, even after it has been completed.
All of these bonds are used by companies whose turn is from the construction industry, the education sector and construction or supply contracts, as well as the provision of services.
When a company contracts a bond , it gets 3 important benefits, which are reflected in its good relationship with customers. These range from multiplying the company’s potential by obtaining greater and more solid financial support, increasing the ability to do business and increase the credibility of the company with clients.
The most requested bonds in Mexico
Guarantees through the bonds , the fulfillment of the contracts entered into between your company and the clients and ensures their growth.