GENERAL & COMMERCIAL
GUARANTEES

SERVICING A RANGE OF INDUSTRIES /

Lombard Guarantee General & Commercial provides specialist guarantees including :

  • Logistics Guarantees
  • Fuel Guarantees
  • Utilities Guarantees
  • Specialist Performance Guarantees
  • Education Guarantees

Our approach is tailored to each individual business need. We work to free up your company’s cash flow, allowing you to use capital more efficiently to sustain your business growth. We truly partner with your business to ensure success.

A FULL SPECTRUM OF GUARANTEE REQUIREMENTS

> LOGISTICS GUARANTEES

Clearing & Forwarding Agents, Importers and Logistics Providers/

Lombard Guarantee General & Commercial offers the full spectrum of guarantees required by Clearing and Forwarding Agents, Warehousemen and Transporters.

 

These include Customs Guarantees including Deferment Guarantees, Bonded Warehouse Guarantees and National Consignor Bond Guarantees, as well as the full spectrum of guarantees required by Transnet National Ports Authority (TNPA), Transnet Port Terminals (TPT), Transnet Freight Rail (TFR), airlines locally and internationally.

 

Our team prides itself on great knowledge of the industry. We also make it our business to stay up to speed with the latest regulatory and industry developments, and are active participants in relevant industry forums, such as the South African Association of Freight Forwarders (SAAFF) – ensuring our clients benefit from our informed expertise.

> FUEL GUARANTEES

Lombard Guarantee General & Commercial Fuel Guarantees provide support for bulk users and suppliers of fuel including airline, mines, transporters, manufacturers, wholesale buyers and distributors of fuel products (including lubricants and related products). Our flexible approach offers a welcome alternative to upfront cash deposits, easing the financial burden on buyers. These guarantees are issued to fuel companies such as Shell, Chevron, Total, Sasol, Engen, Puma Energy etc.

> UTILITIES GUARANTEES

Lombard Guarantee General & Commercial are able to support the requirements of parastatal providers, such as the Water Boards, municipalities and other local authorities. With our guarantee, there’s no need for cash deposits for water and electricity connections and we can also back users with credit guarantees for their monthly usage.

> SPECIALIST PERFORMANCE & ADVANCE PAYMENT GUARANTEES

Lombard Guarantee General & Commercial provide performance and advance payment guarantees to the non-construction sector. With the increasing need for guarantees to give employers peace of mind, the need for non-traditional solutions that permit the contractor to perform under the contract has increased too. We will look at each situation and contractor to provide a suitable solution that benefits all the parties involved.

> EDUCATION GUARANTEES

Lombard Guarantee General & Commercial offer guarantees for the registration of Private Further Education and Training Institutions. These guarantees are in line with the requirements of the Further Education and Training Colleges Act 2006 (Act No.16 of 2006) and the Regulations for the Registration of Private Further Education and Training Institutions. Our involvement dates back to the Act’s inception, ensuring that we have a sound knowledge of the requirements, supported by strong ties with the Department and a thorough understanding of the unique needs and resources of each of the institutions that we underwrite.

LOGISTICS BROCHURE | FUEL BROCHURE

JAMES BARROW

jamesb@lombardins.com
+27 (0)11 551-0660

RAINIER STRAUSS

rainiers@lombardins.com
+27 (0)11 551-0759