Deposit insurance often less than bank guarantee

As an entrepreneur, for example in the construction industry, in mechanical engineering or plant engineering, you know the situation: Your client requires you to retain a safety reservation that protects himself against financial damage if you do not fulfil the order or do not fulfil it in accordance with the contract. The model: The insurer guarantees you the amount of the security reservation, as proof he sends your client a guarantee certificate. Deposit insurance is usually significantly cheaper than a bank guarantee from the house bank.

Liquidity of your company remains
Your credit line will not be attacked, you do not need to deposit money, the liquidity of your company will not be charged, as contractor you will receive greater financing room. When taking out a security insurance, you usually do not have to provide any collateral, but the insurer checks the creditworthiness of your company before concluding the contract. The deposit insurers in the market offer tailor-made solutions for start-ups as well as for small or medium-sized companies.