Contract Performance Guarantees
Unlock your capital. Fortify your business. Secure your growth.
Credeq Contract Performance Guarantees give businesses the freedom to grow — releasing capital, diversifying funding, and delivering with certainty. We understand your world, and we move at the speed your business needs.
- Market-leading performance guarantees
- Backed by Swiss Re International (AA- rated), giving clients the same certainty as major-bank strength – without the red tape
- Delivered with Credeq speed and certainty
A guarantee of greater understanding
Credeq takes the time to understand your business, your cycle, and your ambitions.
That’s why leading contractors and miners across Australia and New Zealand choose us
— not just for the facility, but for a partner who backs their business with certainty.
How Contract Performance Guarantees work
A Contract Performance Guarantee is not insurance – it is a guarantee that stands behind your performance — giving beneficiaries the security they need without draining your working capital.
Unlike traditional alternatives like bank guarantees and cash retentions, it doesn’t typically require cash or assets to be locked away, freeing your balance sheet while still delivering the protection your counterparties expect.
Credeq manages ~$6bn in surety facilities, with limits ranging from $2m to $400m+. Our bonds are issued by Swiss Re International (AA-rated), giving clients the same strength as major-bank strength — without the red tape.
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. 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.
Our facilities support contractors working in:
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.
Do you qualify?
Credeq Performance Guarantee facilities are designed for established, well-managed construction businesses with a proven ability to deliver. We look for companies with:
What we need from you
To keep the assessment process fast and transparent, we ask applicants to submit the following documentation upfront:
The Credeq advantage
Bank guarantees and cash retentions tie up capital that could be working harder for your business. Credeq Contract Performance Guarantees free that capital, improving liquidity and resilience, and potentially funding growth. And when the market shifts, we stand with you — because deep understanding drives stronger underwriting.
Let your assets work for you rather than being tied up as collateral.
Underwriters who understand your sector, your cycle, and your business.
Surety Online Portal for same-day drafts, same-day bonds, and full facility management, plus direct access to decision-makers.
Swiss Re global strength, delivered with local Credeq expertise.
Measured, considered, and built to support you through every phase of the cycle.
Assessment, structuring, and issuance managed entirely in-house by Credeq specialists.
How it works
With the Credeq team, you’re supported at every step — steady, commercial, and committed.
Note: Applicants with existing payment arrangements (e.g. ATO, tax, financing, or supplier)
or engaged in speculative property developments will not be considered.
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.
Trusted by businesses like yours
FAQs
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What’s required to qualify?
+We back established, well-managed businesses with strong financials, solid capability, and a track record of delivery.
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Who issues the guarantee?
+Credeq handles the underwriting, drafting, and administration. The guarantee itself is issued on Swiss Re’s AA-rated paper.
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How fast can guarantees be issued?
+For approved facilities, drafts and final guarantees can be issued on the same day.
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Is a Contract Performance Guarantee an insurance product?
+No. It’s a security instrument, not an insurance policy. Claims are paid on demand, without the assessment process typical of insurance.
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What’s the difference between a Contract Performance Guarantee and a Bank Guarantee?
+A Contract Performance Guarantee is equivalent to a Bank Guarantee in all material respects. It offers the same security to the Beneficiary but is issued by an insurer, not a bank.
Get in touch
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