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regulatory

Walmsleys Commercial Insurance Brokers is authorised and regulated by The Financial Services Authority - no. 307247

cashflow

You already know the answer - CASH IS KING...

There are many uncertainties when tendering for a contract;

  • will we earn enough on it?
  • Will it complete on time without penalty?
  • What other projects are we likely to run at the same time?

All of these can impact on your cashflow and ring-fencing part of your overdraft facility to secure a bank guarantee may not be the best solution.

Time is invariably short when you have to arrange a bond, for many reasons;

  • You may have just realised a bond is needed, having overlooked this at tendering/contract stage
  • You knew you needed a bond, and now the client wants to see it and is withholding your first payment

 

Before you ring the bank -

ring Walmsleys Commercial on

01942 765333

or complete our online form