PetroBonds
Guarantee your fuel supply, again and again .
Get fuel delivered now, pay later .
PetroBonds ensures you get the fuel you need, and reassures the fuel supplier that you’re good for it. We’re a widely accepted bond that lets petroleum and fuel retailers, wholesalers, and fuel-intensive businesses get the fuel they need now but pay for it later.
Filling your tank.
PetroBonds help strengthen your business, and your key relationships.
We issue a guarantee to the supplier on your behalf. You get the payment terms you need, they’re covered from any default or non-performance. The most widely accepted bonds by leading fuel suppliers across Australia and New Zealand, PetroBonds grows your confidence, capacity, and credibility.
That’s huge for your business, but there are other benefits too:
Who is PetroBonds for?
If fuel is critical to your business,
PetroBonds keeps it flowing—without locking up your funds.
& wholesalers
operators
It’s a win-win.
You have other options, but only PetroBonds ticks every box.
PetroBonds has been supporting the fuel industry since 1995, so we know what works and who to work with. Backed by AA- rated HDI Global Specialty SE, we keep on delivering for fuel buyers across the country in retail, wholesale, transport, mining, marine, aviation and more.
We also provide Petro Lease Bonds, which are specifically designed for retailers as an alternative to bank guarantees, providing the tenant with an unsecured solution for meeting lease obligations with landlords.
cash flow
You & PetroBonds
We’re the most widely accepted petrol bond.
When we back you, we are there for the whole journey.
Our credit accelerates your credibility.
Get in touch today
FAQs
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Which suppliers accept PetroBonds?
+PetroBonds are accepted by all major fuel suppliers, including but not limited to the below suppliers:
- Ampol Australia Petroleum Pty Ltd
- BP Australia Pty Ltd and BP Oil New Zealand Limited
- Liberty Oil Australia Pty Ltd
- Chevron Downstream Fuels Australia Pty Ltd
- Viva Energy Australia Pty Ltd (Shell)
- Z Energy Limited (NZ)
- Tasco Inland Petroleum Pty Ltd
- Lowes Petroleum Service
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What I need to apply?
+Applying for PetroBonds is simple. Please complete our Contact us form or reach out to us on [email protected] and our team will walk you through the process step by step.
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How much does PetroBonds cost?
+- Establishment Fee: A one-time fee to set-up a facility limit.
- Annual Premium Rate: A yearly charge for each active bond, in advance. Minimums apply.
- Administration Fee: A small fee for each bond issued.
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What happens if my fuel supplier makes a claim?
+If the supplier makes a valid claim, we will make payment to them unconditionally and without delay. We’ll then recover the amount from you in accordance with the Indemnity provisions within your Terms Sheet, a legal document we agree on together to ensure the process remains clear and seamless.
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Who is the underwriter of PetroBonds?
+PetroBonds are underwritten by HDI Global Specialty SE, a AA- (Standard and Poor’s) global Insurer. Credeq Australia Pty Ltd are HDI’s appointed agent for PetroBonds.