We offer a wide variety of both conditional and unconditional commercial surety bonds and guarantees, other than for construction work.

Surety bonds are credit instruments independent of bank borrowing capacity freeing such finance for the direct needs of the business. A brief listing of some of the bonds and guarantees we regularly provide is outlined below.

Customs and Government Bonds and Guarantees

ACE is able to provide VAT deferment, EU transit, Rural Payments Agency/ Intervention Board and other types of Customs & Excise bonds.

Travel Bonds

Bonds provided to regulatory authorities such as the CAA to protect consumers against losses and/or the cost of repatriation arising from the failure of a tour operator.

Performance and Payment Bonds/Guarantees

Guarantees to protect the beneficiary against a Principal’s failure to perform its contractual or commercial payment obligations.

Admiralty Bonds

Bonds and guarantees to release vessels (and other property) from arrest and/or to secure a third party’s maritime or other legal claim against the vessel (or other property), usually following salvage services or collision.

Contract bonds (other than for construction work), including supply and install

Bid and tender bonds, advance payment bonds, maintenance servicing and warranty bonds and retention bonds.

Court and legal bonds

Security for costs bonds and appeal bonds.