Surety

In a dynamic and challenging business scenario, companies face a number of risks that can affect their stability and development.

At RibéSalat, our highly specialised team understand the complexity of these challenges and we improve your company's financial management by offering guarantees that allow the optimum development of your business, providing security and support.

Endorsements

Technical Guarantees

Network-Connection point access guarantee: Required by the authorities and necessary to request access to the connection point in the network, as part of the process of developing a renewable energy plant.
Provisional tender guarantee: Necessary to access the tender and as a commitment to maintaining the bid.
Final guarantee of execution: Necessary to sign the contract and as a commitment to fulfil it.
Guarantee of public advances and provisions: Guarantees the holder's commitment to allocate the advance received to the work.

Would you like more information?

Guarantees that enhance your financial management

We offer a wide range of policies to cover companies' needs, with a direct impact on their financial management.

Split/deferred tax payments (VAT or Corporation Tax)
Legal and appeal guarantees
Compliance with contracts between private parties: Private companies and even financial commitments. Within this framework, we can ensure compliance with EPC performance guarantees.

Would you like more information?

Legally required surety

We offer a wide range of guarantees to help you manage risks and improve your access to financing markets.

Surety for payments on account: Surety insurance, which is mandatory by law, to be taken out by cooperative property developers and managers. It guarantees the amounts paid on account by the buyers of homes against the risk of them not being built or non-compliance with the agreed delivery period.
Obligations to the customs authorities: Guarantees the financial liabilities of the Policyholder to the customs authorities for import operations.
Concession guarantee: For new concessions and concessions currently covered by a bank guarantee when the holder wishes to replace it with the more advantageous conditions of surety insurance.
Payment protection guarantees for financial entities: Customer and non-payment management tool to avoid commercial risk.
Travel agencies
Betting and games of chance
Temporary employment agencies
Security companies
Energy marketers
Estate agencies

Would you like more information?

Benefits of Surety Insurance

It does not reduce your credit standing It does not affect the Bank of Spain Credit Reporting Agency and allows the policyholder to release credit capacity, making better use of funds and reducing the level of debt in their balance sheet.

It finances rapid growth Fast-growing or seasonal businesses can request deferral of taxes.

It takes pressure off cash flow By deferring taxes or replacing bank guarantees with surety insurance, credit capacity can be released as working capital.

Endorsements

Technical Guarantees

Guarantees that enhance your financial management

Legally required surety

Benefits of Surety Insurance

Content related to surety

Request information on our services