Contract Performance Guarantees

Performance you can build on.

Credeq Contractor Performance Guarantees give you the security to take on work without tying up capital — delivered with Swiss Re’s AA-rated strength and structured by underwriters who understand your business and your industry.

  • Expert eyes
  • Confident outcomes

Security built to build your business

Construction runs on cash flow — yet traditional alternatives trap it. Credeq Construction Guarantees provides security for your Principal while keeping your capital free, with irrevocable, on-demand cover accepted across private and public projects.

Backing for contractors who think beyond the bank

Credeq backs construction companies across the spectrum — from SMEs and emerging corporates to large, listed groups and multinational corporations.
Our facilities support contractors working in:

Infrastructure roads, rail, water, waste, transmission & data centres
Education, health & defence
Residential, industrial & commercial
Power, utilities & renewables
Mining & resources

Whether you need a $3 million facility or $500 million, you get direct access to decision-makers who understand your sector, your cycle, your pressures, and your potential.

The Credeq difference for builders

Improved liquidity
No cash or property locked away as collateral.
Measured underwriting
Clear assessment of capability, performance, clients, supply chain, and financial strength.
Considered support
A partner through every phase of the cycle, not just the good times.
Commercial speed
Efficient expert underwriting, same-day drafts and same-day issue for approved facilities.
Proven performance
Active since 2008, with $6b in active limits.

Do you qualify?

Credeq Surety facilities are designed for established, well-managed construction businesses with a proven ability to deliver. We look for companies with:

A solid track record
At least three years of profitability
Turnover above $20 million
Net tangible assets of $3 million or more
Strong working capital and cash flow
A track record of retained earnings
Professional financial and operational management
Contracting entities that aren’t held in trust
Technical capability to meet all contractual requirements

What we need from you

To keep the assessment process fast and transparent, we ask applicants to submit the following documentation upfront:

Signed corporate questionnaire / Facility application
Group capability statement
Forecast of peak performance guarantee requirements for the next 12 months
Structure chart of all entities and shareholdings, with a short description of each
Three years of consolidated financial statements
Most recent management accounts
Full summary of banking and finance facilities, including limits, balances, expiries, and pledged security
Order book for current and upcoming projects, detailing client, contract value, timelines, and billing remaining

How it works

With the Credeq team, you’re supported at every step — steady, commercial, and committed.

Initial assessment — we review capability, performance, and financials.
Indicative terms — facility limits and pricing issued clearly.
Underwriting — transparent, thorough, and focused on long-term viability.
Facility established and ready for bond issuance — once approved, bonds can be drafted and released the same day.

Note: Applicants with existing payment arrangements (e.g. ATO, tax, financing, or supplier)
or engaged in speculative property developments will not be considered.

Assurance, not insurance

A Construction Guarantee is not an insurance policy. It’s an irrevocable, on-demand guarantee to the beneficiary. We issue these guarantees when we’re confident in your capability, your track record, and your ability to manage risks.

Strength
behind you

For more than 17 years, Credeq has served as Swiss Re’s exclusive Surety managing agent in Australia and New Zealand. That partnership puts AA-rated strength behind every bond — trusted by beneficiaries and built to support your business with global credibility.

Credeq

Get in touch

Contact

Fill in the online form below, email us directly or call us anytime between 8:30am – 5pm Monday to Friday (AEST)

Tel no.

+61 2 7235 5006

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Credeq Australia partners with brokers and businesses across sectors.
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