Construction
guarantees

Credeq provides the construction and allied industries with a comprehensive range of guarantee products, including:

  • Advance Payment Guarantees
  • Bid Bonds/Tender Bonds
  • Retention Guarantees
  • Performance Guarantees
  • Materials On-/Off-Site Guarantees

Safeguarding
project success

Credeq provides in depth professional analysis on a contractor’s ability to perform and successfully deliver on a specific contract.

As the guarantee provider, we back the contractor, giving the beneficiary peace of mind.

In-depth risk assessment creates ideal risk protection

Our legal, technical, and financial expertise allows us to

Thoroughly assess and price risks associated with guarantee liabilities.
Follow a rigorous, step-based approach to evaluate a contractor’s ability to perform against a contract.
Provide both standardised and employer-specific, bespoke guarantee wordings to ensure the best protection for all parties involved.

Crossing
the continent

One-stop shop for your projects on the continent.

Through our network of formal and informal reinsurance agreements, we are able to simplify guarantee transactions for your projects across the African continent.

We have formal and informal reinsurance agreements in place across the African continent. We regularly issue these in the countries below:

  • Angola
  • Botswana
  • Cape Verde
  • Cameroon
  • Ghana
  • Kenya
  • Lesotho
  • Liberia
  • Malawi
  • Mauritius
  • Mozambique
  • Namibia
  • Nigeria
  • Rwanda
  • Sierra Leone
  • Swaziland
  • Tanzania
  • Uganda
  • Zambia
  • Zimbabwe

Additional African countries may be considered on a case-by-case basis subject to regulatory requirements and risk profile.

Service beyond just guarantees

Credeq offers affordable and flexible solutions to serve every segment of the construction market:

Supporting large established contractors as well as smaller contractors with growth potential.
Keeping collateral requirements to a minimum, where applicable.
Backed by a team of experts who understand the dynamics of the construction industry.

Apply for a construction facility

Specialists

Oren Zukerman

Head:
Construction
+27 (0) 11 551-0770

Lethabo Molomo

Underwriter – Construction Facilities greater than R20M
+27 (0) 11 551-0846

Terence Strydom

Underwriting Manager – Construction Facilities below R20M
+27 (0) 11 551-0699

Unlocking credit the world needs