Surety Bond

Global Trade Financial Services: Your trusted partner for comprehensive surety bond solutions, ensuring financial protection and contract fulfillment.

At Global Trade Financial Services, we offer comprehensive surety bond solutions to meet the diverse needs of our clients. A surety bond is a three-party agreement that provides financial protection and ensures the fulfillment of contractual obligations. It is a valuable tool for businesses involved in various industries, including construction, manufacturing, transportation, and more.

Court Fiduciary Bond

A court fiduciary bond is a type of surety bond that is required by a court in order to ensure that a fiduciary (such as a trustee or executor) will faithfully discharge their duties. The bond is usually in the amount of the assets that the fiduciary is responsible for, and it is payable to the court. If the fiduciary fails to perform their duties, the surety on the bond is liable to the court for any losses that are incurred.

License /Permit bond

A license or permit bond is a type of surety bond that is required by a government agency in order to obtain a license or permit to do business. The bond guarantees that the business will comply with all applicable laws and regulations. If the business fails to comply with the law, the surety company on the bond is liable to the government agency for any losses that are incurred.

Bid bonds

At Global Trade Financial Services, we understand the importance of winning bids and securing lucrative business opportunities. That's why we offer comprehensive Bid Bonds services that provide financial assurance to both contractors and project owners. With our expertise and reliable support, you can bid with confidence and increase your chances of success.

Payment bonds

Global Trade Financial Services, your trusted partner for Payment Bonds services. With our expertise and commitment to excellence, we ensure seamless and secure financial transactions for businesses worldwide. Whether you're a contractor seeking reliable payment guarantees or a project owner looking to protect your investments, our comprehensive Payment Bonds services have got you covered.

Performance Bonds

Global Trade Financial Services, we understand the critical role that performance bonds play in the world of commerce. Performance bonds serve as a guarantee that contractors will complete their obligations as outlined in their contracts. They provide assurance to project owners that the work will be completed in a timely and satisfactory manner, while also offering protection against potential financial losses.

Contract surety

At Global Trade Financial Services, we understand the importance of financial security and risk mitigation in today's fast-paced business environment. Our Contract Surety Services offer comprehensive solutions to protect your business and ensure the successful completion of your projects.


Credit Insurance

Covers 2 types of risks –

  1. commercial and political risks.
  2. Insolvency of the buyer
  3. Non-payment by the buyer

Surety Bonds

  1. Bid Bond: Provides financial protection to the owner if a bidder is awarded a contract but fails to sign the contract or provide the required performance and payment bonds.
  2. Performance Bond: Provides an owner with a guarantee that, in the event of a contractor’s default, the surety will complete or cause to be completed the contract.
  3. Payment Bond: Ensures that certain subcontractors and suppliers will be paid for labor and materials incorporated into a construction contract.
  4. Warranty Bond (also called a Maintenance Bond): Guarantees the owner that any workmanship and material defects found in the original construction will be repaired during the warranty period.

Trade Finance

An exporter of goods runs the risk that they are never paid for goods that are shipped. To eliminate that risk they can require pre-payment, but that shifts the risk onto the importer.
Overseas trade also comes with inherent risks, for example, exchange rate fluctuations, legal issues, language differences and the potential for political instability. Furthermore, it’s trickier for parties to evaluate the credit risk of their counterparts when they’re based overseas.
Trade finance steps in to guarantee payment and shipment, provided certain conditions are met.