PetroBonds

Guarantee your fuel supply, again and again .

Fuel keeps your business moving. PetroBonds keep the fuel moving to you. Our guarantees give suppliers the confidence they need — and give you the terms, certainty, and continuity you rely on.

  • Widely accepted across Australia and New Zealand
  • Backed by AA- rated paper
  • Delivered with Credeq’s unwavering expertise
Find out more

Filling your tank.
Strengthening your business.

PetroBonds issue a guarantee to your fuel supplier on your behalf. You get the payment terms you need. They get protection from default or non-performance. Everyone gets confidence.

And the advantages don’t stop there: 

Buy More
Fuel

Backing your supply, we keep more fuel - and more cash - flowing.

Free Up
Capital

No tangible security over your assets required.

Greater
Reassurance

Strengthen key supplier relationships with a trusted guarantee.   

Better
Terms

Use PetroBonds to negotiate stronger credit terms with fuel suppliers.

Support for
the long run

Once we back you, we stay with you - our credit accelerates your credibility.

Who is PetroBonds for?

If fuel is critical to your operation,
PetroBonds keeps your supply secure without tying up capital.

Fuel Retailers
& Wholesalers
Transport & Logistics businesses
Agriculture & Mining companies
Marine & Aviation
operators

It’s a win-win.

You have other options, but only PetroBonds ticks every box.

 
Cash on delivery
Bank guarantee
PetroBonds
Helps business
cash flow
Unavailable
Available
Available
Assets not required as security
Available
Unavailable
Available

Backed by HDI Global Specialty SE

PetroBonds are underwritten by HDI Global Specialty SE, a long-standing, globally recognised insurer with an AA- (Very Strong) S&P rating. That means strength, stability and a guarantee your supplier trusts. 

We’ve supported the fuel industry since 1995.
We know the sector, the suppliers, and the stakes, and we keep your operations moving with certainty. 

Certainty that fuels growth

When we back you, we’re in for the long run. Our credit accelerates your credibility, grows your confidence and capacity.

Widely
approved

Accepted by major fuel companies, including Ampol, Viva, BP, Chevron, Mobil Australia, and more.

Faster
approvals

Decisions typically within 2 business days - essential for small and independent operators.

Capital
efficient

Bonds are typically renewed every 12 months, so you can confidently keep your cash free for working capital and growth.

AA- rated
security

Backed by HDI Global Specialty SE - trusted assurance for every supplier.

Direct access to
decision makers

No bureaucracy, no delays - just clear, confident underwriting with 300+ happy clients.

Sector
expertise

30 years in the fuel industry, we know what works and who to work with.

How it works

  1. Contact us using the form below.
  2. Submit your enquiry with any details that can help us.
  3. We’ll come back to you within 2 business days. Simple.

Prefer to talk with someone? Call us on (02) 8274 2887 – we’ll help you with everything you need to get started.

Trusted by businesses like yours

"We’ve been working with the PetroBonds team for some time now and they genuinely understand how the fuel industry operates. Their fuel bond facility means we don’t have to tie up cash or other security, giving us the flexibility to expand without supplier restrictions. The team is responsive, easy to deal with, and always willing to review and increase our limits as our business grows."
- Daniel Frasca, CFO SGH Petroleum
"Kieran and the team are responsive, clear, and always available to talk through the details. Their ability to deliver fast results is very important for our operations."
- Steven Ho, Financial Controller Jasbe

FAQs

  • 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

  • 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.

  • 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.

  • 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.

  • 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.

Credeq

Get in touch

Contact

Kieran Morell
Director of Commercial Guarantees

Email

Tel no.

+61 2 8274 2887

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