(Electricity & Water)

Our General Commercial Guarantee Division deals with all the requirements of the para-statals such as the various Water Boards and Eskom and also various local authorities.

Guarantees can be offered to the authorities instead of utilising cash as deposits for water and electricity connections. The credit extended for monthly usage can also be backed by guarantees rather than relying on cash deposits.

What differentiates us:

• Lombard has an innovative underwriting approach.  The impact of this is that we have a more commercial, business friendly approach to the establishment of a guarantee facility.  In particular, assets are not unduly encumbered.
• Our rates are very competitive.
• Our encompassing approach.
• With a division that specialises in these guarantees, Lombard is equipped to ‘manage’ a client’s entire portfolio.
• The staff of this division has excellent relationships with Eskom, the Water Boards and local authorities thereby ensuring we keep abreast on trends and changes in statutory requirements.
• Lombard prefers to have a partnership approach with all parties to ensure that it meets both the needs of its clients and the requirements of the authorities.