Lombard Guarantee General & Commercial provides specialist guarantees including :

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.



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 Guarantees include:

  • Customs and Deferment Guarantees
  • Bonded Warehouse and Rental Guarantees
  • National Consignor Bond Guarantees
  • Temporary Import Bonds and Cross Border Guarantees
  • 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.


Logistics Guarantees are offered as security to SARS Customs or the logistics suppliers in line with their policy. The guarantee usually states that if the client does not adhere to the terms as laid out by the beneficiary of the guarantee, the beneficiary can claim such payment against the guarantee. This could cover payment of deferment accounts, acquittals into a bonded warehouse or consignor bond, or for a credit line offered by Transnet for port usage.



Lombard Guarantee General & Commercial Fuel Guarantees provides support for bulk users and suppliers of fuel including airlines, mines, transporters, manufacturers, wholesale buyers and distributors (wholesale and retail) 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.


As a niche insurance company, Lombard Guarantee provides niche insurance guarantees on a contract by contract basis. With the increasing need for guarantees to give beneficiaries peace of mind, the need for unique non-traditional solutions that enable the contractor to perform optimally under the contract has increased too.


By looking at where there is a unique need, we’ve identified where we can make a difference through our product offering and way of doing business.   Lombard’s difference is in understanding the nuances of different markets, the client and beneficiary specific requirements, the underlying contract, triggers for non-performance, the related situational risk and with this insight, structuring a guarantee to best suit your need and compliment the underlying contractual obligations.


Our specialist guarantee offering is linked to the underlying contract through:


  • Advance payment guarantees
  • Performance guarantees
  • Retention guarantees

The principles of a guarantee


Our solutions assist your business in


  • Freeing up capital to improve your project cash flow
  • Increased comfort to employer
  • Cash positive from day one


Although these guarantees are often once off for a particular contract, Lombard is dedicated to forming long standing relationships with our clients, becoming business partners, understanding your business and creating solutions to strengthen it.

If you are unsure as to whether Lombard can provide you with a guarantee solution, contact us and our experienced underwriters will be able to advise you.

Property Development Guarantee/

A Lombard Property Development Guarantee tackles a common challenge faced by residential developers when they have many qualifying buyers but not enough qualifying sales to release project financing.    By assessing a buyer’s assets (that will fund the purchase of a new property when development is completed) rather than their income (to support a bond for the purchase of a new property before development), we offer a solution to “inaccessible” capital for both buyers and developers.   Using the Lombard Property Guarantee to secure the balance of payment after the required deposit is paid, means:


  • a buyer doesn’t have to sell off any assets until the transfer of their new home.
  • the developer gets to count the transaction under guarantee as a qualifying sale before development begins, to help meet the financier’s quota for the project to begin.

Production Completion Guarantee/

The film and television production industry is growing steadily in South Africa, with in-country filming  (from both local and international production houses) increasing.


The Lombard Production Completion Guarantee offers security to project funders against / on / for  their agreed budget allocations with production houses, and works with project management specialists to safeguard the completion of film or television projects on time and in budget.

Collections Guarantee/

As of 31 March 2019, all Intermediaries Guarantee Facility Limited (IGF) guarantees have been cancelled, and affected intermediaries need alternative means to secure their premium collection.


The Lombard Collection Guarantee is uniquely structured for each insurer and enables the intermediary to seamlessly collect premium from their clients on behalf on the insurer.  In this way, the intermediary continues to collect one full premium from each client on their policy (irrespective of multiple covers with multiple insurers) and each insurer is guaranteed the premium for their respective risk on each individual policy.


Rainier Strauss
+27 (0)11 551-0759


James Barrow
+27 (0)11 551-0660


Timothy Thom
+27 (0)11 551-0758


Sarah Wright
+27 (0)11 551-0690


Dhanusha De Noroonha
+27 (0)11 551-0872