Towergate has been providing Performance bonds for over 10 years. Performance Bonds are financial instruments of Guarantee.
They are usually used to provide a guarantee to one company, (the Beneficiary), against another (the Principal) defaulting on its contractual obligations. Many principal contractors now require a performance bond from their sub-contractors before awarding them a contract.
We offer a confidential and personal service, usually involving a Client visit to get the best supporting information and ensure you get the right terms or even to set up an ongoing facility.
Types of Performance Bonds include: